HOLY SHIT! PENANG COW WHO HAS ZERO DIGITAL MEDIA-RELATED EXPERIENCE WILL BECOME CHAIRMAN OF NEW NON-PROFIT ENTITY HIVED OFF FROM SPH!

[Johnrambo]

Retired former minister Khaw Boon Wan will be the chairman of the not-for-profit entity that will oversee Singapore Press Holdings' (SPH) media business when it is hived off, said Communications and Information Minister S Iswaran on Monday (May 10).


SPH said last week that it will transfer its entire media-related business to a newly formed public company limited by guarantee (CLG), amid the ongoing challenge of falling advertising revenue.


Speaking in Parliament, Mr Iswaran said the decision to appoint a chairman was an important and immediate decision that had to be made by the CLG.


The decision was discussed with SPH’s existing management shareholders, who agreed to form the CLG and be its founding members. This ensures that local news media will remain “in the hands of trusted institutions with a long-term stake in Singapore”, Mr Iswaran said.


The management shareholders are OCBC, Great Eastern, UOB, DBS, Singtel, NTUC Income, Temasek via Fullerton, the National University of Singapore and Nanyang Technological University.

https://tinyurI.com/33ksmuxn

 

[Leongsam]

It's a non profit entity so I could put my dog in charge and it wouldn't make a scrap of difference.

 

[tyudm]

 

[millim6868]

Its a not for profit, so put a monkey there also never mind, salary just take n don need account for spending, really amaze know nothing also xan be Chairman , no wonder neh like to come here bluffing all rhe way to a high pay job

 

[Scrooball (clone)]

Tolong tolong.... give chance la

 

[Scrooball (clone)]

$8 bypass....for a sick company.... coming soon

 

[CPTMiller]

It's a non profit entity so I could put my dog in charge and it wouldn't make a scrap of difference.

His $8 Surgical fees means he can run a non profit low cost entity

 

[LITTLEREDDOT]

Now that SPH is a non-profit entity, what is the relevance of OCBC, Great Eastern, UOB, DBS, Singtel, NTUC Income, Temasek via Fullerton, the National University of Singapore and Nanyang Technological University continuing to hold management shares?

 

[whoami]

Told u guys many times. Parliament nid Msians!

 

[knowwhatyouwantinlife]

Now that SPH is a non-profit entity, what is the relevance of OCBC, Great Eastern, UOB, DBS, Singtel, NTUC Income, Temasek via Fullerton, the National University of Singapore and Nanyang Technological University continuing to hold management shares?

Excellent reminder of the elephants in the room

 

[laksaboy]

Since profits are not a concern now, experience becomes irrelevant.

You just need to be connected and part of the trusted 'inner circle' to ensure that 'editorial integrity' is there.

One step closer to becoming like China, as far as 'journalism' is concerned.

 

[Scrooball (clone)]

Once u don’t care about profit, u know u are going to run a shit company. Not answerable to shareholders means u can go to school everyday and sleep and still not be scolded.

 

[Kee Chew]

 

[Kee Chew]

 

[batman1]

WHY are PAP creating Jobs for Retired PAP Ministers ?

 

[Hypocrite-The]

It's called jobs for the boys...n singkies is the welfare state of the pappies

 

[batman1]

How much is Cow paid for the job ? Don't tell me it is FOC.

 

[syed putra]

View attachment 110425

Sounds like he lead a unhealthy life.

 

[batman1]

After scraping the bottom of barrel,they can only come up with a recycled trash.No eyes to see.What a Tragedy for Red Dot !

 

[A Singaporean]

Jobs for life