Singapore Press Holdings

Singapore Press Holdings Limited
Company typeSubsidiary
IndustryProperty, digital, aged care
Founded4 August 1984 (1984-08-04)
Defunct22 May 2022 (2022-05-22)
(renamed Cuscaden Peak Investments)
HeadquartersBridge+, 79 Robinson Road, Singapore
Key people
Christopher Lim (chairman)
Gerald Yong (CEO)[1]
RevenueIncrease S$475.1 million (2021)[2]
Increase S$206.76 million (2021)[2]
Increase S$92.9 million (2021)[2]
ParentCuscaden Peak
Websitecuscadenpeak.com

Singapore Press Holdings Limited (SPH) was an organisation with businesses in property and aged care in Singapore. Since its takeover by Cuscaden Peak in 2022, it has been renamed Cuscaden Peak Investments.

Prior to 1 December 2021, SPH was in the media business with a reach in the print, digital, radio, and outdoor media. It formed part of a duopoly in the mass media of Singapore, with the other player being Mediacorp.[3] SPH had over 4,000 employees. Its team of approximately 1,000 journalists include correspondents operating around the world. 2,500 of the staff, including the journalists and its media business were subsequently transferred to SPH Media.

The company was one of the country's "blue-chip" counters on the Singapore Exchange Securities Trading Limited (SGX) until its delisting on 13 May 2022 following its acquisition by Cuscaden Peak.[4][1] It was also a constituent of the Straits Times Index until its removal on 22 June 2020.

  1. ^ a b "Singapore Press Holdings officially delisted, Gerald Yong to take over as CEO from Ng Yat Chung". The Straits Times. 14 May 2022. Retrieved 15 May 2022.
  2. ^ a b c "SPH back in the black with $92.9m net profit for FY2021". The Straits Times. 5 October 2021. Retrieved 1 August 2024.
  3. ^ "Singapore profile - Media". BBC News. British Broadcasting Corporation. 17 February 2020. Retrieved 19 July 2021.
  4. ^ "SPH to delist from SGX on May 13 following Cuscaden takeover, scheme payment complete". The Business Times. 12 May 2022. Retrieved 13 May 2022.

Developed by StudentB