SPH decided to seek full offer for company to avoid chaos after hiving off media arm
SINGAPORE - The board of Singapore Press Holdings (SPH) wanted to minimise disruption to business operations once its media arm...
Business
Unacademy value tops S$4.65b in Temasek-led funding round
(BLOOMBERG) - India's online education startup Unacademy said its valuation reached US$3.44 billion (S$4.65 billion) in a funding round led...
SPH chairman Lee Boon Yang recused himself from talks on Keppel’s privatisation offer
SINGAPORE - Singapore Press Holdings (SPH) chairman Lee Boon Yang had recused himself from discussions on Keppel Corp's privatisation offer,...
Bitcoin reverses weekend rally to drop below US$40,000
HONG KONG (BLOOMBERG) - Bitcoin retreated on Monday (August 2) back below US$40,000 after climbing over the weekend to the...
Crude oil retreats as investors weigh Delta, Iranian tensions
SINGAPORE (BLOOMBERG) - Oil fell after four monthly gains as data signaled a slowdown in China and investors monitored the...
Keppel’s privatisation offer: What an SPH shareholder with 1,000 shares can expect
SINGAPORE - Shareholders of Singapore Press Holdings (SPH) will get an opportunity to realise the value of their shares at...
World’s biggest pension fund cuts US bond weighting by record
TOKYO (BLOOMBERG) - Japan's Government Pension Investment Fund (GPIF) made a record cut to the weighting of Treasuries in its...
China seeks more communication with US on overseas IPOs
BEIJING (BLOOMBERG) - China's securities regulator called for talks with its American counterpart after the United States Securities and Exchange...
Keppel’s privatisation offer for SPH: Timeline of key developments
SINGAPORE -Keppel Corp has offered to take Singapore Press Holdings (SPH) private under a scheme which gives SPH a $3.4 billion...
Sembcorp to book $212 million impairment on Chinese coal venture in first-half results
SINGAPORE - Sembcorp Industries will book an impairment expense of $212 million in its first-half financial results, but it expects...