SPH to restructure media business into not-for-profit entity to support quality journalism – The Straits Times
SINGAPORE – Singapore Press Holdings (SPH), which publishes The Straits Times and Lianhe Zaobao, intends to transfer its media business to a not-for-profit company as part ofa strategic review of its various businesses. Announcing the move on Thursday (May 6), SPH chairman Lee Boon Yang said the transfer will enable the media business to focus…