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Singapore Press Holdings Ltd (SPRM.SI)

SPRM.SI on Stock Exchange of Singapore

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23 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Singapore Press Holdings says units won tender for 99-year lease of land at price of S$1.13 bln
Wednesday, 21 Jun 2017 06:13am EDT 

June 21 (Reuters) - Singapore Press Holdings Limited :Successful Tender For Mixed Development At Upper Serangoon Road.Elara 1 Pte & Callisto 1 Pte received notification from Housing And Development Board that they won tender for 99-year land lease.Elara 1 Pte and Callisto 1 Pte are cos equally and ultimately owned by SPH and Kajima Development.Acquisition of land not expected to have any material financial effect on eps for most recently completed fy ended 31 august 2016.Elara 1 pte. Ltd and Callisto 1 Pte. Ltd won tender for 99-year lease of land at bid price of s$1.13 billion.  Full Article

Singapore press updates on investment in an associated company
Thursday, 8 Jun 2017 05:33am EDT 

June 8 (Reuters) - Singapore Press Holdings Ltd :Co through unit holds 1 million new ordinary shares in RSPL amounting to 33.33% of its share capital for S$980,000.Unit has today entered into and completed a shareholders' agreement with Recomn Technologies and Recomn Singapore ​.Transaction will not have a material effect on nta or eps of sph group for financial year ending 31 August 2017.  Full Article

Singapore Press Holdings announces divestment of stake in 701Search Pte Ltd
Thursday, 11 May 2017 06:58pm EDT 

May 12 (Reuters) - Singapore Press Holdings Limited ::Divestment of stake in 701Search Pte Ltd.Announces proposed divestment of its stake in 701Search Pte Ltd (701search) to Telenor ASA for about US$109 million.  Full Article

Singapore Press enters healthcare sector with acquisition of Orange Valley Healthcare
Tuesday, 25 Apr 2017 05:22am EDT 

April 25 (Reuters) - Singapore Press Holdings Ltd ::SPH enters healthcare sector with acquisition of Orange Valley Healthcare.Acquires Orange Valley Healthcare Pte Ltd (Ov) at a consideration of approximately s$164m.Deal at a consideration of approximately s$164m.  Full Article

Singapore Press posts qtrly profit after tax attributable of S$53.5 mln
Wednesday, 12 Apr 2017 06:33am EDT 

Singapore Press Holdings Ltd : Qtrly profit after tax attributable S$ 53.5 million versus S$54.1 million . Qtrly operating revenue S$241.7 million, down 8.5 percent . Interim dividend of 6 cents per share . "Business conditions remain challenging in view of uncertain economic outlook and continuing disruption of media industry" ."Newsprint prices are expected to strengthen".  Full Article

Singapore Press Holdings qtrly net profit S$45.7 mln
Friday, 13 Jan 2017 05:18am EST 

Singapore Press Holdings Ltd : Qtrly operating revenue S$278.3 mln versus S$296.2 mln . Qtrly net profit S$45.7 million versus S$81.3 million . Business conditions are expected to remain challenging in view of economic headwinds and structural challenges confronting media industry .Newsprint prices are expected to strengthen marginally but remain dependent on degree of market balance between supply and demand.  Full Article

Singapore Exchange updates on Straits Times Index quarterly review
Thursday, 1 Dec 2016 06:04am EST 

Singapore Exchange Ltd : FTSE Russell announces that there will be no changes to constituents of Straits Times Index, following December quarterly review . Next review will take place on 2 March 2017 . Companies on reserve list will replace any constituents that become ineligible as a result of corporate actions, before next review .FTSE partnered with Singapore Press and the Singapore Exchange (SGX) to jointly calculate the Singapore stock market's main benchmark.  Full Article

Perennial Real Estate Holdings updates on acquisition of 40% interest in Perennial Chinatown Point
Monday, 28 Nov 2016 05:12am EST 

Perennial Real Estate Holdings Limited : Acquisition Of Additional 40% Interest In Perennial Chinatown Point Llp . Deal for a total consideration of s$61.8 million . Perennial singapore investment holdings,ct point investments pte entered into a sale and purchase agreement .Agreement with luxco 98 s.a.r.l and savills fund management gmbh.  Full Article

Singapore Press Holdings FY net profit S$265.3 mln vs s$321.7 mln
Friday, 14 Oct 2016 06:48am EDT 

Singapore Press Holdings Ltd : Fy group operating revenue s$ 1.12 billion versus s$1.18 billion year ago . Fy net profit s$ 265.3 million versus s$321.7 million year ago . final dividend 8 cents per share . special dividend 3 cents per share in cash . market conditions are expected to remain difficult . "newsprint prices are expected to strengthen" ."will maintain a conservative stance on its investment portfolio allocation with focus on capital preservation".  Full Article

Singapore Press updates on expansion of online investor relations business in Australia and New Zealand
Monday, 26 Sep 2016 05:52am EDT 

Singapore Press Holdings Limited : Expansion Of Online Investor Relations Business .Unit entered into a conditional subscription and shareholders' agreement with wholesale investor pty.  Full Article

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