Monday, 4 October 2021

Will SPH Release A Special Dividend To Reward Shareholders Before Voting On Keppel Corp's Acquisition Offer?

As per the SGX announcement by Singapore Press Holdings ("SPH"), it will release its year ending 31 August 2021 financial results on 5 October 2021 (Tuesday). Lusterless SPH share prices far from the offered price also suddenly went up a bit during the last 2 weeks. Maybe market in anticipation of a special and generous "dividend" before going into the AGM to vote for the Keppel Corp acquisition deal? Will SPH management give something extra to sweeten the upcoming deal?  

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