Singapore Press Holdings (SPH), which runs one half of the media duopoly in Singapore, is used to having its journalists called to attend last minute press briefings. In the last three months, the company did just that — not once, but twice — as the property and media company became the news instead of just reporting it.

On the morning of Aug 2, shares of SPH were suspended from trading. The company had requested the trading halt in view of a major announcement to be released. As it turned out, SPH and its non-media assets are getting acquired by conglomerate Keppel Corp.

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