Investments
17Portfolio Exits
6Funds
3Partners & Customers
10Service Providers
1About Singapore Press Holdings
Singapore Press Holdings (SPH) is a Southeast Asia media organisation, engaging minds and enriching lives across multiple languages and platforms. SPH publishes 18 newspaper titles in four languages.
Singapore Press Holdings Headquarter Location
2 Jurong Port Road SPH Print Centre
619 088,
Singapore
Latest Singapore Press Holdings News
May 14, 2022
CapitaLand CEO (Special Projects) Gerald Yong will be appointed as CEO of SPH from May 16, 2022. PHOTO: LIANHE ZAOBAO https://str.sg/wBxs SINGAPORE - After 38 years on the Singapore Exchange, Singapore Press Holdings (SPH) was officially delisted on Friday (May 13) to become wholly owned by investment vehicle Cuscaden Peak. SPH chief executive officer Ng Yat Chung will step down from his post on Monday (May 16), together with the current directors of SPH. A new board will then be constituted. In an e-mail to SPH staff on Friday that was seen by The Straits Times, Mr Ng said that CapitaLand CEO (Special Projects) Gerald Yong will be appointed as CEO of SPH from Monday. "The new SPH board will be chaired by Mr Christopher Lim, who is also the Chairman of Cuscaden Peak Pte Ltd," said Mr Ng. Mr Ng said he will remain as senior adviser to SPH to ensure a smooth transition for the new board and CEO. On Thursday, Cuscaden announced in a bourse filing that the payment of the Cuscaden scheme consideration to take over SPH had been effected. Cuscaden is a consortium comprising tycoon Ong Beng Seng's Hotel Properties (HPL) and Temasek-linked CLA Real Estate Holdings and Mapletree. SPH consists of non-media assets such as retail and aged care properties, after it restructured its media business - which includes titles such as The Straits Times and Lianhe Zaobao - into not-for-profit entity SPH Media Trust last December. In his e-mail, Mr Ng thanked SPH chairman Dr Lee Boon Yang and the directors for their guidance and support over the years. Mr Ng has been CEO of SPH since September 2017. He also welcomed Mr Lim and the new board members of SPH to guide the company forward, and said he was pleased to be succeeded by Mr Yong. "Gerald has a stellar record and is well qualified to lead SPH Limited in the next lap," he said. The contest to acquire SPH's non-media assets came to an end in March, when SPH shareholders voted overwhelmingly for Cuscaden Peak's offer. The other suitor had been Keppel Corp. SPH Limited was incorporated on Aug 4, 1984 as a holding company to effect the merger of The Straits Times Press (1975) Limited, Singapore News and Publications Limited, Times Publishing Berhad and Singapore Newspaper Services.
Singapore Press Holdings Investments
17 Investments
Singapore Press Holdings has made 17 investments. Their latest investment was in SingEx-Sphere as part of their Corporate Minority on February 2, 2021.
Singapore Press Holdings Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/2/2021 | Corporate Minority | SingEx-Sphere | Yes | 1 | ||
3/6/2019 | Series B | Docquity | $11M | Yes | 5 | |
8/3/2018 | Corporate Minority | BNM Content Solutions | $4.92M | No | 1 | |
8/3/2018 | Secondary Market | |||||
1/31/2018 | Corporate Minority - II |
Date | 2/2/2021 | 3/6/2019 | 8/3/2018 | 8/3/2018 | 1/31/2018 |
|---|---|---|---|---|---|
Round | Corporate Minority | Series B | Corporate Minority | Secondary Market | Corporate Minority - II |
Company | SingEx-Sphere | Docquity | BNM Content Solutions | ||
Amount | $11M | $4.92M | |||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 1 | 5 | 1 |
Singapore Press Holdings Portfolio Exits
6 Portfolio Exits
Singapore Press Holdings has 6 portfolio exits. Their latest portfolio exit was sgCarMart on February 25, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
2/25/2022 | Acquired - II | 3 | |||
Date | 2/25/2022 | ||||
|---|---|---|---|---|---|
Exit | Acquired - II | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 |
Singapore Press Holdings Acquisitions
7 Acquisitions
Singapore Press Holdings acquired 7 companies. Their latest acquisition was Galileo Residenz on November 14, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
11/14/2019 | Acquired | 1 | ||||
2/18/2019 | ||||||
4/26/2017 | ||||||
4/2/2013 | Other | |||||
11/17/2008 |
Date | 11/14/2019 | 2/18/2019 | 4/26/2017 | 4/2/2013 | 11/17/2008 |
|---|---|---|---|---|---|
Investment Stage | Other | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 1 |
Singapore Press Holdings Fund History
3 Fund Histories
Singapore Press Holdings has 3 funds, including New Media Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
10/14/2013 | New Media Fund | $80M | 1 | ||
SPH Media Fund | |||||
Aged Care Fund |
Closing Date | 10/14/2013 | ||
|---|---|---|---|
Fund | New Media Fund | SPH Media Fund | Aged Care Fund |
Fund Type | |||
Status | |||
Amount | $80M | ||
Sources | 1 |
Singapore Press Holdings Partners & Customers
10 Partners and customers
Singapore Press Holdings has 10 strategic partners and customers. Singapore Press Holdings recently partnered with China Central Television on January 1, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
1/27/2022 | Partner | China | SPH Media Trust looks to grow foreign audience, promote mother tongue at home She said Chinese Media Group will partner not only media outlets within SPH Media Trust like Berita Harian and Tamil Murasu , but also external organisations , associations and other media outlets in the region to promote mother tongue language media . | 1 | |
5/14/2020 | Partner | United States | Media Releases - Singapore Press Holdings Singapore Press Holdings and Google Analytics have had a long-standing collaborative relationship . | 1 | |
11/27/2019 | Vendor | United States | Outbrain : and Singapore Press Holdings Extend Their Long-Term Exclusive Partnership The partnership began in 2013 and will continue with Singapore Press Holdings leveraging Outbrain 's innovative Smartfeed technology and Engage solution . | 2 | |
7/31/2019 | Partner | ||||
6/25/2019 | Partner |
Date | 1/27/2022 | 5/14/2020 | 11/27/2019 | 7/31/2019 | 6/25/2019 |
|---|---|---|---|---|---|
Type | Partner | Partner | Vendor | Partner | Partner |
Business Partner | |||||
Country | China | United States | United States | ||
News Snippet | SPH Media Trust looks to grow foreign audience, promote mother tongue at home She said Chinese Media Group will partner not only media outlets within SPH Media Trust like Berita Harian and Tamil Murasu , but also external organisations , associations and other media outlets in the region to promote mother tongue language media . | Media Releases - Singapore Press Holdings Singapore Press Holdings and Google Analytics have had a long-standing collaborative relationship . | Outbrain : and Singapore Press Holdings Extend Their Long-Term Exclusive Partnership The partnership began in 2013 and will continue with Singapore Press Holdings leveraging Outbrain 's innovative Smartfeed technology and Engage solution . | ||
Sources | 1 | 1 | 2 |
Singapore Press Holdings Service Providers
1 Service Provider
Singapore Press Holdings has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Acquired | Investment Bank | Financial Advisor |
Service Provider | |
|---|---|
Associated Rounds | Acquired |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
Singapore Press Holdings Team
4 Team Members
Singapore Press Holdings has 4 team members, including current Chief Executive Officer, Anthony Tan.
Name | Work History | Title | Status |
|---|---|---|---|
Anthony Tan | Chief Executive Officer | Current | |
Janice Wu | Executive Vice President | Current | |
Jamal Hassim | Chief Operating Officer | Former | |
Elaine Chia | Senior Vice President | Former |
Name | Anthony Tan | Janice Wu | Jamal Hassim | Elaine Chia |
|---|---|---|---|---|
Work History | ||||
Title | Chief Executive Officer | Executive Vice President | Chief Operating Officer | Senior Vice President |
Status | Current | Current | Former | Former |
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