@Healthywealt:
$SINGAPORE PRESS HLDGS LTD(T39.SI)$FromBusiness time 6 May 21. Extract part ofThe message . Read business time for more complete information ...”SPH said many news organisations overseas are operating under such structures, including The Guardian in the United Kingdom, which has been controlled by the Scott Trust since 1936; and the Tampa Bay Times in the United States, which is owned by the non-profit Poynter Institute.Lee Boon Yang, chairman of SPH, said: "With the resources that SPH is providing upfront and the prospects for public-private partnership funding going forward, we anticipate that SPH Media will have a more sustainable financial future."After the transfer of SPH Media to the CLG, SPH will no longer be subject to shareholder and other