Singapore Press Holdings ("SPH") will hold its EGM this afternoon (10th September 2021) at 2.30pm. Finally, the much anticipated EGM will be convened. Will Media business be successfully transferred out of SPH? Will the special resolution on a new constitution be also approved by more than 75% of shareholders in order to be eligible for the Keppel Corp buyout?
If it goes through, will SPH share price finally hit S$2 per share or will it plunge dramatically by end of the day or next week due to the deal falling apart?
Updates as of 10 September 2021 (5pm)-Results of SPH EGM:
Historic Moment for Singapore Press Holdings Group- Goodbye to Media and Press Business!- 10 Sep 2021
Previous posts on SPH:
1. SPH Media Spin Off EGM- Retail Investors Should Be More Pro-Active To Exercise Their Voting Rights -29 Aug 2021
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