Provider: Thomson Reuters Stock Report
SPRM.SI - Event Transcript of Singapore Press Holdings Ltd conference call, Oct. 15, 2014 / 6:00AM ET
Provider: Thomson Reuters StreetEvents
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Singapore Press Holdings Ltd announces acquisition of subsidiary
Singapore Press Holdings Ltd:(SPH):Says Rubix Digital Sdn Bhd has become a subsidiary of SPH.Says the principal activities of Rubix are general trading and investment holding.Says SPH's shares in Rubix are held through Blu Inc Media Sdn Bhd (BIMSB), a subsidiary of Blu Inc Holdings (Malaysia) Sdn Bhd (BIHM), which is in turn a subsidiary within the SPH Magazines group, the magazine arm of SPH.Says the transaction has no material impact on the earnings or the net tangible asset per share of SPH for the financial year ending Aug. 31.Terms were not disclosed.
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