Singapore Press Holdings (SPH)

[Risk Adverse]

SPH already owns shares in Mediacorp TV - recall post channel U merger. However Mediacorp itself is 100% owned by Temasek. When it comes to national media, there is clearly govt/political consideration/constrains playing a part; not different from how it works in a lot of Asian countries.

btw, i found this useful summary of Temasek companies to share: http://review.temasek.com.sg/wp-content/...panies.pdf

I find CNA interesting and thought they had potential as a pan-Asian broadcaster (something SPH newspapers can't seem to do for political or business reasons). Not sure if they are still making progress or if they've hit any glitch.

Yes, you are right. SPH currently holds a 20% stake in Mediacorp. SPH is stuck as a big fish in a small pond. If it merges with Mediacorp, it can embark on a regional expansion plan to be a Pan Asian media company. This is an audacious idea and needs a bold leader to push it through. Perhaps LHY may fit the bill.