SINGAPORE (July 18): UOB Kay Hian is maintaining its “hold” call on Singapore Press Holdings (SPH) with a lower target price of $3.80 from its previous price target of $3.90. It also projects a sharp dividend cut of about 15-20% this year.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe