SPH has since replied the market regulator that the company is “in compliance” with the rules and that it “regularly evaluates all opportunities across its portfolio with the objective of enhancing shareholder value”, but that there is “no assurance” that any transaction will materialise or that any “definitive or binding agreement will be reached”.
As at 4.16pm, shares in SPH are trading 20 cents higher or 19.0% up at $1.25.
