Mind Your Business: What does being not-for-profit mean for SPH Media
Shareholders of Singapore Press Holdings (SPH) have overwhelmingly backed its plan to hive off its media business. And this will pave the way for the formation of a new company limited by guarantee (CLG), while potentially unlocking shareholder value for the mainboard-listed company. Patrick Daniel, CEO, SPH Media Trust shares what becoming not-for-profit would mean for a company with so much history in the media industry locally and SPH Media's plans to continue to be a strong brand in Singapore. See omnystudio.com/listener for privacy information.