Blueray Hypersonic August 2, 2021 Share August 2, 2021 Keppel Corp in S$3.4 billion privatisation bid for SPH's non-media business Quote KEPPEL Corporation on Monday made a privatisation offer for Singapore Press Holdings' (SPH) non-media business through a scheme of arrangement. The deal values SPH at S$3.4 billion with Keppel's share of the deal totalling S$2.2 billion. Under the scheme, shareholders will receive a total consideration of S$2.099 per share. This will comprise cash of $0.668 per share, 0.596 Keppel Reit unit valued at S$0.715 per unit, and 0.782 SPH Reit units valued at S$0.716 per unit from a distribution in-specie by SPH. The scheme is subject to approval by SPH and Keppel shareholders, as well as other conditions and regulatory approvals. If the deal is approved, SPH, which publishes The Business Times, will be delisted and will become a wholly owned subsidiary of Keppel. Keppel will hold stakes of about 20 per cent in both SPH Reit and Keppel Reit. https://www.businesstimes.com.sg/companies-markets/keppel-corp-in-s34-billion-privatisation-bid-for-sphs-non-media-business ↡ Advertisement 1 Link to post Share on other sites More sharing options...
BanCoe Hypersonic August 2, 2021 Share August 2, 2021 @Blueray BAILOUT?? 2 Link to post Share on other sites More sharing options...
Wt_know Supersonic August 2, 2021 Share August 2, 2021 (edited) SIA, Sembcorp, Keppel, SPH, etc seriously, if T did not pump $$$ .... all jialat liao, close shop liao, isn't it? Edited August 2, 2021 by Wt_know 3 Link to post Share on other sites More sharing options...
mersaylee Supersonic August 2, 2021 Share August 2, 2021 So no more a generalist but a chao private? 4 Link to post Share on other sites More sharing options...
Blueray Hypersonic August 2, 2021 Share August 2, 2021 25 minutes ago, BanCoe said: @Blueray BAILOUT?? yup, looks like it. 3 Link to post Share on other sites More sharing options...
inlinesix Supersonic August 2, 2021 Share August 2, 2021 7 minutes ago, Blueray said: yup, looks like it. Non-media is the money making part of the business. Unlike Media. It benefit Keppel shareholders more than SPH. 4 Link to post Share on other sites More sharing options...
Enye Hypersonic August 2, 2021 Share August 2, 2021 wah...umbrage ng going where next to sell off the business? sia? 😅 5 Link to post Share on other sites More sharing options...
inlinesix Supersonic August 2, 2021 Share August 2, 2021 NTUC 5 Link to post Share on other sites More sharing options...
Blueray Hypersonic August 2, 2021 Share August 2, 2021 44 minutes ago, inlinesix said: Non-media is the money making part of the business. Unlike Media. It benefit Keppel shareholders more than SPH. yeah, media is about content and generating eyeballs, which somehow is not happening for SPH when the world went digital. 3 Link to post Share on other sites More sharing options...
yishunite Turbocharged August 2, 2021 Share August 2, 2021 (edited) 1 hour ago, inlinesix said: Non-media is the money making part of the business. Unlike Media. It benefit Keppel shareholders more than SPH. Nonmedia is basically a reit right? Any monkey can make money from a reit... you have to be seriously incompetent to lose money being a landlord in land-scarce Singapore Edited August 2, 2021 by yishunite 1 1 Link to post Share on other sites More sharing options...
Mustank Hypersonic August 2, 2021 Share August 2, 2021 So shiok next time get free company newsletters Link to post Share on other sites More sharing options...
Sdf4786k Twincharged August 2, 2021 Share August 2, 2021 (edited) 3 hours ago, Blueray said: yeah, media is about content and generating eyeballs, which somehow is not happening for SPH when the world went digital. wasted.. if only SPH had bought Tik Tok... Or create a local version call tok kok, it would have been a whole different world.. imagine every article has a link for people to comment ...in the foreground while reading the static page... Edited August 2, 2021 by Sdf4786k 4 Link to post Share on other sites More sharing options...
Blueray Hypersonic August 2, 2021 Share August 2, 2021 3 hours ago, yishunite said: Nonmedia is basically a reit right? Any monkey can make money from a reit... you have to be seriously incompetent to lose money being a landlord in land-scarce Singapore same can be said of not being to sell newspapers in SG even with a 90%+ monopoly. I noticed dairy farm group is no longer running the multipage ads for Cold Storage and Giant in ST for the past 2 - 3 months. 1 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator August 2, 2021 Share August 2, 2021 19 minutes ago, Sdf4786k said: wasted.. if only SPH had bought Tik Tok... Or create a local version call tok kok, it would have been a whole different world.. imagine every article has a link for people to comment ...in the foreground while reading the static page... It will be call. . . Tok Tok Chiang! 3 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged August 2, 2021 Share August 2, 2021 3 minutes ago, kobayashiGT said: It will be call. . . Tok Tok Chiang! thats for the obituary page bro..plus put GEO GPS tracking for ashes to be spread.. 2 Link to post Share on other sites More sharing options...
Mustank Hypersonic August 2, 2021 Share August 2, 2021 42 minutes ago, Sdf4786k said: wasted.. if only SPH had bought Tik Tok... Or create a local version call tok kok, it would have been a whole different world.. imagine every article has a link for people to comment ...in the foreground while reading the static page... Don’t think they want that Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator August 2, 2021 Share August 2, 2021 26 minutes ago, Sdf4786k said: thats for the obituary page bro..plus put GEO GPS tracking for ashes to be spread.. Yah. We alrd have a very capable COO here liao. Paging @RadX hahahahahah. 3 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator August 2, 2021 Share August 2, 2021 7 hours ago, Blueray said: Keppel Corp in S$3.4 billion privatisation bid for SPH's non-media business https://www.businesstimes.com.sg/companies-markets/keppel-corp-in-s34-billion-privatisation-bid-for-sphs-non-media-business Okay. The most important thing is when I renew my electricity plan for my home, do I get staff's discount? 😂😂😂 https://www.keppelelectric.com/ ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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