SPH trains eyes on long-term sustainability
The company, which is sitting on $1.7b of investible funds, will continue to look for accretive projects
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Singapore
SINGAPORE Press Holdings (SPH) has its eyes on the future of media and long-term sustainability as it figures out how to use its $1.7 billion cash hoard, chairman Lee Boon Yang told shareholders at the media and property group's annual general meeting yesterday.
"We continue to look for accretive projects for our long-term businesses," Mr Lee said. "We will also aim to maintain a return on our investment funds that is commensurate with risks."
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