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A company limited by guarantee (CLG) is a type of company where the liability of members in the event the company is wound up is limited to a (typically very small) amount listed in the company's articles or constitution. [1] Most have no share capital, although rare exceptions exist.
SPH Media Trust (SMT), trading as SPH Media, is a mass media company in Singapore.It was incorporated on July 19, 2021, as a company limited by guarantee, it was a spin off from Singapore Press Holdings as part of a restructuring.
Limited by Guarantee (Ltd./Gte.): a company limited by guarantee (non-profit company) Unlimited (ULtd.): A company with a share capital, similar to its limited company (Ltd., or PLC.) counterparts, but where the liability of the members or shareholders is not limited; Limited Liability Partnership (LLP): Only allowed in the state of Lagos, Nigeria.
SPH's readership has stagnated since the early-2000s, as Singaporeans increasingly turned to online media for their news consumption. [22] On 6 May 2021, SPH in response to shareholder pressures, had proposed that it would restructure itself and transfer its media business into a company limited by guarantee (CLG), which would be privately managed.
On 6 May 2021, Singapore Press Holdings (SPH) in response to shareholder pressures, had proposed that it would restructure itself and transfer its media business into a company limited by guarantee (CLG), which will be privately managed.
In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited companies) and private companies (private limited companies). Who may become a member ...
Company limited by guarantee, in UK and Ireland; Counter Logic Gaming, a professional esports organization; Chalair Aviation (ICAO airline code: CLG) French regional airline; WCLG-FM, a radio station in Morgantown, West Virginia, USA; KCLG-LD, a defunct TV station in Neosho, Missouri, USA; CLG (Irish: Cumann Lúthchleas Gael), Gaelic Athletic ...
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