The Straits Times
Singapore podcasts up their game by ditching banter for scripts
Local actor Lim Kay Tong taking part in the making of Fey Hollow: The Fairy Tale Murders.
PHOTO: KC GLOBAL MEDIA ASIA.
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The Straits Times
SPH, SPH Reit, Keppel Corp and Keppel Reit call for trading halts pending announcements
Singapore Press Holdings, SPH Reit, Keppel Corp and Keppel Reit separately called for the trading halts within minutes of one another.ST PHOTO: GAVIN FOO, KEPPEL
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The New Paper
Keppel makes privatisation offer for SPH in deal worth $3.4b
SPH chief executive Ng Yat Chung (second from right) during a virtual press conference yesterday. TNP PHOTO: GIN TAY
Offer selected from more than 20 potential bidders over a two-stage process
POOH CHIAN HUI, DEPUTY BUSINESS EDITOR
Aug 03, 2021 06:00 am
0 Engagements
Conglomerate Keppel Corporation yesterday offered to acquire Singapore Press Holdings (SPH) after its media business is hived off, in a deal that values SPH at $3.4 billion.
The privatisation offer will see SPH delisted from the Singapore Exchange and become a wholly owned subsidiary of Keppel, whose share of the deal stands at $2.2 billion.
The Straits Times
News analysis
For SPH shareholders, Keppel s offer is not perfect but it is the best on the table
Associate Editor
Shareholders of Singapore Press Holdings have an offer from Keppel Corporation to buy out their shares via a $3.4 billion part-cash, part-Reits offer.ST PHOTO: GIN TAY
PublishedAug 2, 2021, 5:00 pm SGT
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STI dips 0 38% with most Asian bourses also down on Delta variant concerns straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.