(June 27): The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The problem is that its core business remains newspaper publishing, which does not appeal to investors in the public market. The time may have come for a restructuring exercise that separates nonmedia assets from the group and sets its media division in a bold new direction as a privately held entity.

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