$SPH (T39.SG)$ Why make an upfront capitalisation of S$110 m...
$SPH (T39.SG)$ Why make an upfront capitalisation of S$110 million to the new media deal - in the form of a cash injection of S$80 million, and S$30 million worth of SPH shares and SPH Reit units. Just sell them to other public company or media corp like U TV and radio platform previously.![]()
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Snapper : A nicer way of getting rid of non performing unit and IMO there is a binding requirement with the ministry. Can't anyhow sell.....
doctorpot1 Snapper : ya agree. I think if they say they wanna sell for money, MCI might not give them support liao.