Ex-minister Khaw Boon Wan to be Chairman of SPH’s not-for-profit media business: S Iswaran

Then Transport Minister Khaw Boon Wan speaking to media on 6 February 2020 during a visit to Changi Airport. Singapore Press Holdings’ not-for-profit media businessDelivering his Ministerial Statement, Iswaran said he has discussed the proposed restructuring of SPH’s media business into a not-for-profit entity and a company limited by guarantee with management shareholders.

“They have all agreed that, given the national importance of this undertaking and the scale of the challenge, the chairman should be Mr Khaw Boon Wan. With his high standing and more than 25 years of public service experience in various senior appointments, Mr Khaw will be able to provide strong strategic leadership for the CLG.”

At the press conference last Thursday, SPH announced plans to restructure its media business as a CLG. Such a model will allow the media business to receive funding from private and public sources, including financial support from the government. The move to restructure SPH's media business comes as its core segment's revenue and profit continued to plunge amid falling advertisement revenue.

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Chairman of SPH media business is ‘heavy responsibility’, Khaw Boon Wan accepts role with ‘some anxiety’First order of business, fire Mr Umbrage's sorry $$! 🤣🙄
출처: TODAYonline - 🏆 1. / 99 더 많은 것을 읽으십시오 »

Khaw Boon Wan to be chairman of entity managing SPH's media businessSINGAPORE: Retired former minister Khaw Boon Wan will be the chairman of the not-for-profit entity that will oversee Singapore Press Holdings' ... Zero salary will be good. They chose him because he has less negative news and he has fixed the mess left behind in departments like transport and housing which had one person responsible for this mess when the helmed both departments in succession.
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