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SPH, which publishes The Straits Times, first announced its plans to transfer the media business to a not-for-profit company as part of a strategic review of its various businesses on May 6. The proxy form must be submitted not less than 72 hours before the EGM. Instead, shareholders, whether individual or corporate, must submit a proxy form to appoint the chairman of the EGM to vote on their behalf. Shareholders will not be able to vote online on the ordinary and special resolutions to be tabled for approval at the EGM.