22-06-2017, 10:17 PM
The declining media business (and share price) of SPH got me looking into its financials recently.
Its Annual Report 2016 on page 160 shows that it had $623m of investments under non-current assets. $506m of these are equity securities and $108m are investment funds. What are these equities and investment funds?
It also had $358m of investments under current assets. $319m being investment funds, while $38m are bonds. What are these investment funds and bonds?
Its Annual Report 2016 on page 160 shows that it had $623m of investments under non-current assets. $506m of these are equity securities and $108m are investment funds. What are these equities and investment funds?
It also had $358m of investments under current assets. $319m being investment funds, while $38m are bonds. What are these investment funds and bonds?