SPH subscribes 5% additional interest in DC Frontiers

It has a total cash consideration of $2.11m.

Singapore Press Holdings Limited (SPH) announced that SPH Interactive Pte Ltd (SPHI) has added 5% of the total share capital of DC Frontiers Pte Ltd (DCF) for $2.11m. SPHI previously had a 20% stake in DCF.

The consideration was paid in cash on a willing-buyer, willing-seller basis.

DCF focuses on operating Handshakes, which is an analytics platform that visually and interactively maps out relationships and events between companies and people in the corporate world.

SPHI is a wholly-owned subsidiary of SPH.

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