- Four SPH journalists clinch top honours in the Financial Journalist Awards
Singapore, 3 October 2012 – Singapore Press Holdings Limited (SPH) received the Most Transparent Company Award in the Services category at the 13th Securities Investors Association (Singapore) (SIAS) Investors' Choice Awards 2012.
Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam was the event’s Guest-of-Honour.
Four SPH journalists also received awards for their editorial excellence. They were:
1) Ms Emilyn Yap (Correspondent, The Business Times) – Financial Journalist of the Year Award
2) Ms Grace Leong (Correspondent, The Business Times) – Financial Story of the Year Award
3) Mr Jonathan Kwok (Journalist, The Straits Times) – Promising Journalist of the Year Award (Winner)
4) Mr Sivanithy Rathananthan (Senior Correspondent, The Business Times) – Outstanding Commentaries Award
SPH has been honoured with the Most Transparent Company award, but in another category - the Non-Electronics Manufacturing category, for eight years. This year, with the change in classification by the organiser, SPH is the winner in the Services category, making it the ninth time that SPH has won.
Receiving the award on behalf of SPH was Ms Ginney Lim, General Counsel, Executive Vice President, Corporate Communications and Group Company Secretary.
Mr Alan Chan, Chief Executive Officer of SPH, said: “SPH is guided by the tenets of best practices in corporate governance and transparency in our engagement with investors. By adhering to a high standard, we help our investors gain a good understanding of our company’s operations and strategies and in the process, earn their trust and support. Winning this award is a testament of the investment community’s confidence in the board, management and staff of SPH.”
He also added: “I am also very pleased that SPH journalists have once again been recognised for their editorial achievements this evening. Their passion and dedication to their profession have been exemplary and I would like to offer my heartiest congratulations to them.”
On Ms Yap’s Financial Journalist of the Year award, Mr Wong Wei Kong, News Editor of the Business Times, said: “Emilyn has been outstanding covering the biggest stories this year, analysing and breaking down the issues for the readers and taking things beyond the obvious. This has been a stand out year for a highly intelligent and analytical writer, who is cool under pressure and a great player for the team.”
Commenting on Ms Leong’s award, Mr Wong said: “Grace's story on how a group of Singapore investors are suing Morgan Stanley in the US over the Pinnacle Notes issue could prove to be a watershed in terms of investor rights and protection in Singapore. It is also a great example of how she relentlessly chases down every lead and story.”
On Mr Rathananthan’s win, he said: “Sivanithy has over the years spoken up for investor interests in his columns. Even as the market changes, his is a constant voice urging regulators and companies to play it fair for all."
Said Ms Lee Su Shyan, Money Editor of The Straits Times, on Mr Kwok’s award: “Jonathan Kwok is one of the few young journalists who is able to handle a wide range of corporate news with confidence. He can write on the latest hot-button corporate governance issues, complicated legal and accounting issues as well as the twists and turns of the latest high-profile deal."
SIAS, a non-profit organisation, is the largest investor lobby group in Asia, with almost 70,000 retail investors as members. It actively promotes Investor Education, Corporate Transparency and Corporate Governance, and is the watchdog for investor rights. It launched the “Most Transparent Company Award” in 2000 to encourage public-listed companies to be more transparent so as to help investors make informed decisions on their investments.
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Chin Soo Fang (Ms)
Singapore Press Holdings
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Corporate Communications Division
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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 UFM 100.3 in Mandarin, as well as Kiss92 and HOT FM91.3 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, please visit us at www.sph.com.sg.