Singapore, 30 March 2012 – Singapore Press Holdings Limited (SPH) has appointed Ms Tan Yen Yen and Mr Bahren Shaari as independent directors to its Board with effect from 1 April 2012. Ms Tan will be a member of the Remuneration Committee, while Mr Shaari will sit on the Audit Committee.
Ms Tan, 46, is Senior Vice President, Applications, responsible for Oracle's applications software business across Asia Pacific. She served as Chairman of the Singapore Infocomm Technology Federation from 2009-2011 and was Deputy Chairperson on the Ministry of Information, Communications and the Arts (MICA) Internet and Media Advisory Committee.
She is also a member of the Defence Science and Technology Agency (DSTA) board and Chairman of Singapore Science Centre.
Ms Tan holds a degree in Computer Science from National University of Singapore and an Executive MBA degree with Helsinki School of Economics Executive Education.
Ms Tan said: “I am excited at the opportunity to serve on SPH’s Board. I look forward to working with the Board as SPH continues to transform itself as a dynamic, multi-platform media company in this digital age.”
Mr. Shaari, 49, is Managing Director of Bank of Singapore, Head of South East Asia. He has more than 20 years of private banking experience in global financial institutions. Prior to joining Bank of Singapore, he was Managing Director of UBS AG Wealth Management where he headed the South East Asia and Australia Marketing team.
He is active in public service and was a board member of the Maritime Port Authority of Singapore for 11 years. In 2008, he was conferred the Public Service medal by the President of Singapore.
Mr. Shaari holds an Accountancy degree from National University of Singapore.
Mr Shaari said: “I am honoured to be part of the Singapore Press Holdings Board and I look forward to contributing to the growth of SPH in the coming years.”
Dr Lee Boon Yang, Chairman of the SPH Board, said: “On behalf of the Board, I welcome Yen Yen and Bahren as new members. They bring with them fresh perspectives and valuable experience from different sectors. I am confident that they will work closely with the rest of the Board to help SPH grow and prosper.”
Issued by Singapore Press Holdings Ltd
Co. Regn. No. 198402868E
For more information, please contact:
Chin Soo Fang
Singapore Press Holdings Limited
DID: 6319 1216
HP: 9688 6209
Fax: 6319 8150
About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
Newspapers, Magazines and Book Publishing
In Singapore, SPH publishes 18 newspaper titles in four languages. On an average day, 2.92 million individuals or 74 per cent of people above 15 years old, read one of SPH's news publications. SPH also publishes and produces more than 100 magazine titles in Singapore and the region, covering a broad range of interests from lifestyle to information technology. SPH's subsidiaries, Straits Times Press and Focus Publishing, produce quality books and periodicals in English and Chinese.
Internet and Mobile
Beyond print, the Internet editions of SPH newspapers enjoy over 330 million page views with 18 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; Stomp, omy.sg, and The Straits Times RazorTV. SPH also launched The Straits Times’ iPad and enhanced iPhone applications, an Android smartphone application and The Business Times Weekend's iPad application. SPH's Chinese flagship newspaper Lianhe Zaobao has also launched its digital platforms which include a web application, as well as online and PDF versions.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 in Chinese and 91.3FM in English.
Events and Out-of-Home Advertising
SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s leading Digital Out-of-Home advertising company.
SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. Its latest retail development, The Clementi Mall, started business operations in 2011. SPH's wholly-owned subsidiary, Times Development Pte Ltd, has also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.
For more information, visit www.sph.com.sg.