SPH to restructure media business into not-for-profit entity

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

S'pore firm to transfer its entire media-related businesses to a newly incorporated wholly owned subsidiary.

Singapore Press Holdings Ltd will transfer its media business into a not-for-profit entity amid the ongoing challenge of falling advertising revenue.

Announcing the move, SHP said the exercise involves transferring its entire media-related businesses to a newly incorporated wholly owned subsidiary, SPH Media Holdings Pte Ltd...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore Press Holdings to restructure media business into not-for-profit entity | Malay MailSINGAPORE, May 6 — The Singapore Press Holdings (SPH) will be restructuring its media business into a not-for-profit entity amid falling advertising revenue.   With this move — which is expected to be fully completed by October, subject to shareholders’ approval — SPH’s media...
Source: malaymail - 🏆 1. / 86 Read more »

MCO 3.0 dine-in ban will kill F&B industry, say operators | The Malaysian InsightThey say relying on takeaways or deliveries only will not help their business much.
Source: msianinsight - 🏆 8. / 63 Read more »