Singapore Press Holdings (SPH)

[kbl]

8cts + 6cts special. Total 14cts dividend declared.

<vested-oldpot>

[greengiraffe]

http://www.businesstimes.com.sg/companie...for-fy2014

SPH posts S$404.3m profit for FY2014
Lower profit contribution from newspaper and magazine business partially offset by improved performance from other business segments

By
Michelle Quahmichquah@sph.com.sg@MichelleQuahBT
sphholdingsbui1610.jpg SPH's net profit attributable to shareholders fell to S$404.3 million for FY2014, from S$431.0 million in FY2013 - PHOTO: SPH
16 Oct5:50 AM
Singapore

MEDIA and property group Singapore Press Holdings (SPH) reported on Wednesday a 6.2 per cent year-on-year drop in net profit for the year ended Aug 31, 2014, as its newspaper and magazine business took a hit from lower advertising and circulation revenue.

Its property and

[Tiggerbee]

8cts + 6cts special. Total 14cts dividend declared.

<vested-oldpot>

The special dividend had been cut from 7 cts to 6 cts.

[Greenrookie]

I think the only thing this is holding up SPH share price in the correction window is seletAr mall. Which the sell analyst at CIMB think will only be recycled to the reit in 4-6 years time.

I rather SPH keep the mall which is at 90% occupancy for cashflow. They need it to sustain even the reduced 21 cents dividends

[Ben]

SPH holds 70% of SPH Reit, so they will still get back majority of the cash flow from Seletar Mall after it is sold to SPH Reit. In anyway, I am sure SPH will book a one off exception gain when they do sell this property away, which they may then give back to SH in the form of a special dividends, same as what they did when Paragon and CM was sold off. OF course gain from Seletar Mall sales will be much smaller as compared to Paragon and CM sales.

I think SPH needs a breakthrough...they have been trying to build up another business to counter the declining prints and ads business, with limited success so far. Perhaps they can look at Sing Post, and maybe one day another Mr Ali will come join force with them. Meantime, this company to me is a buy, hold and forget company.

[Dividend Warrior]

The Seletar Mall set to open on Nov 28


SINGAPORE - New district shopping centre The Seletar Mall is slated to open this month on Nov 28.

Ahead of its opening, the four-storey mall at the junction of Sengkang West Avenue and Fernvale Road has already achieved 99.6 per cent occupancy. Tenants in the four-storey shopping mall include premium supermarket FairPrice Finest, foodcourt Foodfare, and departmental store BHG, among others.

The 284,000 sq ft mall is expected to serve the needs of the residents and working population in the surrounding estates such as Sengkang, Hougang, Punggol, Seletar and Ang Mo Kio, by offering an array of dining, lifestyle, fashion and shopping experience.

Some of the big brand tenants that will be opening at Seletar Mall include Japanese casual clothing company UNIQLO, cineplex Shaw Theatres and ladies-only fitness centre Amore Fitness & Boutique Spa.

Diners can look forward to an extensive list of established cafes and restaurants, including Proofer Boulangerie, Texas Chicken, Din Tai Fung and Fish & Co.

Seletar Mall is a joint venture between Singapore Press Holdings (SPH) and United Engineer Developments. SPH has a 70 per cent stake in the project.
- See more at: http://business.asiaone.com//news/the-se...Ml7n2.dpuf

[Hill]

SPH holds 70% of SPH Reit, so they will still get back majority of the cash flow from Seletar Mall after it is sold to SPH Reit. In anyway, I am sure SPH will book a one off exception gain when they do sell this property away, which they may then give back to SH in the form of a special dividends, same as what they did when Paragon and CM was sold off. OF course gain from Seletar Mall sales will be much smaller as compared to Paragon and CM sales.

I think SPH needs a breakthrough...they have been trying to build up another business to counter the declining prints and ads business, with limited success so far. Perhaps they can look at Sing Post, and maybe one day another Mr Ali will come join force with them. Meantime, this company to me is a buy, hold and forget company.

Hi Ben

I have been thinking whether to put some $$ into this as the dividend is quite attractive.

In your opinion, safe to buy at current level...

Tks

[greengiraffe]

http://www.businesstimes.com.sg/companie...p-for-s30m

SPH acquires 60% stake in StreetSine Technology Group for S$30m
Benefits include creating the most far-reaching, digital property listing platform in Singapore

By
Anita Gabrielanitag@sph.com.sg@AnitaGabrielBT
4 Nov5:50 AM
Singapore

SINGAPORE Press Holdings (SPH) has acquired a 60 per cent stake in privately-held CoSine Holdings, the holding company for StreetSine Technology Group which consists of StreetSine Singapore, StreetSine Hong Kong and digital platforms Singapore Real Estate Exchange (SRX) and Hong

[greengiraffe]

http://www.straitstimes.com/news/busines...ng-2014120

SPH building an ecosystem around the media: Chairman Lee Boon Yang
Published on Dec 2, 2014 12:50 PM


(From left) SPH company secretary, general counsel and executive vice-president of corporate communications and corporate and social responsibility Ginney Lim, SPH chairman Lee Boon Yang, SPH CEO Alan Chan and SPH deputy chairman Cham Tao Soon at the company's annual general meeting on Tuesday. -- ST PHOTO: LAU FOOK KONG

SINGAPORE - Singapore Press Holdings (SPH) is "building an ecosystem around the media" through its investments and partnerships in related businesses like online classifieds and education, chairman Lee Boon Yang said.

SPH's own transformation into a fully-fledged print and digital media company, supplemented by its other investments in media-related firms and its property business, are part of efforts to boost earnings in the long term and "bring SPH back on to the growth path", Dr Lee added.

He was responding to queries from shareholders at the company's annual general meeting, held on Tuesday at the SPH News Centre.

Shareholders asked about the company's strategy in the face of a rapidly evolving media landscape, and its plans to ensure that revenue and shareholder dividends "remain sustainable".

[violinist]

politician gave political answer.