What does being not-for-profit mean for SPH Media | #TheBreakfastHuddle

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. For more, tune in to #TheBreakfastHuddle with Elliott Danker, Bharati Jagdish and Finance Presenter, Ryan Huang every weekday from 6am-9am! -- Connect with Us! Facebook: MONEY FM 89.3 Instagram: @moneyfm893 Twitter: @moneyfm903 Linked In: MONEY FM 89.3