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The Business Times Wine Challenge 2014 – CEOs’ Choice

Top 10 wines selected by CEOs revealed at awards ceremony

Singapore, 9 October 2014
  The Business Times (BT), Singapore’s leading financial daily published by Singapore Press Holdings (SPH), announced the results of The Business Times Wine Challenge 2014 – CEOs' Choice at an awards ceremony at UBS AG, One Raffles Quay today. Into its second year, this event is held in partnership with Swiss banking group, UBS AG.

In July, the first round of sampling saw 30 best wines shortlisted from 130 entries that were submitted by registered wine wholesale companies and merchants based in Singapore. The wines entered for evaluation had to come in standard-sized 750ml bottles and be commercially available in Singapore at hotels, restaurants, bars and specialist wine retail shops at a minimum of $50 (before GST). 

The 30 best wines were shortlisted by a panel of experts comprising head judge and wine specialist Mr Lim Hwee Peng together with notable wine connoisseurs Mr Maximilien Fedkiw, founder and sommelier of Le Bistro du Sommelier, and Mr Timothy Goh, Les Amis Group's director of wines. They were assisted by three guest judges -  Larry Jorgensen, CEO, Wines of Western Australia who's an international wine judges; Stephane Soret, Director of Wines, Raffles Hotel; and Jeremy Sim, Asst Professor, Culinary Institute of America. The shortlist covered both red and white wines from countries such as Australia, France, New Zealand, Spain, and Germany, among others.


Subsequently in August, the top ten wines were picked by a panel of CEOs who are all wine lovers in their own right. They are: 


Ms Susan Sim, Deputy CEO, ARA Trust Management (Suntec) Limited
Mr Mohd K Rafin - Chief Corporate Officer, Park Hotel Group
Mr K C Lai - Chief Commercial Officer, MyRepublic
Mr Richard Eu, CEO, Eu Yan Sang
Mr Michael Su, CEO, Pontiac Land
Mr John Lim, Group CEO & Executive Director, ARA Group
Mr Wong Kim Yin, CEO, Singapore Power
Mr Anthony Wong, CEO, Creative Eateries
Dr Wong Chiang Yin, President, Thomson International
Mr Gerald Lee, CEO, Far East Hospitality Trust


The trio of wine experts were on hand to take the CEOs through the judging, which was a blind tasting session where wines were 
served with their labels covered. The CEOs recorded their scores based on aroma, complexity and balance, intensity and length of flavours in each wine.

The top ten wines, or the CEOs' Choice, are:
    • Schloss Lieser Brauneberger Juffer Riesling Kabinett 2012 (Artisan Cellars)
    • Chateau de Puligny-Montrachet, St Aubin, En Remilly, 1er Cru, 2011 (Berry Bros & Rudd, Singapore Pte Ltd)
    • Loimer Gruner Veltliner Kamptal DAC 2012 (Wein & Vin Pte Ltd)
    • Domaine Rossignol-Trapet, Latricieres Chambertin, Grand Cru, 2008 (Vinum Fine Wines)
    • Jean & Michel Gonnet Chateauneuf du Pape 2011 (Corney & Barrow Ltd)
    • Le Potazzine Brunello di Montalcino DOCG 2009 (Richfield Brands & Services Pte Ltd)
    • Produttori del Barbaresco, Barbaresco DOCG 2009 (KAL Wine Source Asia Pte Ltd)
    • Allegrini Valpolicella Classico DOC 2013 (Enoteca Co., Ltd)
    • Bodegas Roda Sela 2010 (Alfa International Pte Ltd)
    • Schloss Vollrads Riesling Auslese 2010 (Richfield Brands & Services Pte Ltd)

Mr Eddie Gan, Managing Director, Country Team Head Singapore, UBS Wealth Management said: "UBS is delighted to continue our partnership with The Business Times for the BT Wine Challenge 2014 CEO's Choice. The success of last year's event and the interest in this year's event definitely shows a deepening appreciation of wine, especially among business leaders in Singapore. Enjoying high quality food and beverages in the company of family and good friends have always been a large part of our Singapore culture so it is not surprising that the interest in quality wine that has value for money has grown steadily over the years. I definitely see a higher appreciation for wine amongst my colleagues, clients and business associates. Wine has become a staunch accompaniment to good food. It is also a topic of conversation and a hobby for like-minded individuals to appreciate together. Singaporeans also enjoy the luxury of being able to experience so many excellent wines of different grape types and vintages imported from all over the world." 
Mr Alvin Tay, Editor of The Business Times, said: “The level of interest in this second year of The Business Times Wine Challenge shows how compelling our CEOs’ Choice approach is. Everyone wants to know what CEOs like to drink, and no one has a stronger relationship with CEOs than BT. Thanks to our partner, UBS, we also have the perfect venue for showcasing these fine wines, and for unveiling the Top 10 CEOs’ Choice labels."

All 30 wines that made the shortlist were featured in The Business Times every Saturday from 3 August to 27 September, as a run-up to the awards ceremony.


Supporting The Business Times Wine Challenge 2014 - CEOs' Choice is Temasek Polytechnic which served as the Tasting Coordinator for the event. 

Issued by Singapore Press Holdings Ltd
Co. Regn. No. 198402868E

For more information, please contact:


Agnes Han
Product Branding & Promotions
Marketing Division
Singapore Press Holdings Ltd
DID: 6319 1130
HP: 9090 7720 
Email: 
hanhuiyi@sph.com.sg 

Adrian Cheong
Manager
Corporate Communications & CSR Division
Singapore Press Holdings Ltd
DID: 6319 2261
Email: 
cheongcy@sph.com.sg
About UBS 
UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centered on its pre-eminent global wealth management businesses and its leading universal bank in Switzerland. Together with a client-focused Investment Bank and a strong, well-diversified Global Asset Management business, UBS will expand its premier wealth management franchise and drive further growth across the Group. Headquartered in Zurich and Basel, Switzerland, UBS has offices in more than 50 countries, including all major financial centers, and approximately 61,000 employees. UBS AG is the parent company of the UBS Group (Group). Under Swiss company law, UBS AG is organized as an Aktiengesellschaft, a corporation that has issued shares of common stock to investors. The operational structure of the Group comprises the Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, the Investment Bank, Global Asset Management and Retail & Corporate.
About Singapore Press Holdings Ltd


Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.

Newspapers, Magazines and Book Publishing

SPH has 19 titles licensed under the Newspaper Printing and Presses Act, of which nine are daily newspapers across four languages. On an average day, 2.8 million individuals or 69 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, SPH's suite of digital products includes online editions of newspapers and magazines, as well as mobile applications. Our online products enjoy 360 million page views with 23 million unique browsers every month. Apart from AsiaOne, SPH’s online and new media initiatives include ST701, the leading online marketplace for jobs (STJobs), property (STProperty), cars (STCars) and general classifieds (STClassifieds); Stomp, 
omy.sg and SPH Razor. Besides print, SPH newspapers are also available on online, smartphone and tablet platforms.

Broadcasting

In the radio business, SPH Radio Pte Ltd operates entertainment stations UFM 100.3 in Mandarin, as well as Kiss92 and HOT FM91.3 in English. 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.

Events and Out-of-Home Advertising

SPH’s events arm Sphere Exhibits organises innovative consumer and trade events and exhibitions as well as large scale conferences in Singapore and the region. In addition, SPH has ventured into out-of-home (OOH) advertising through its digital out-of-home platform SPHMBO.

Properties

SPH REIT is a Singapore-based REIT established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. SPH REIT is managed by SPH REIT Management Pte Ltd, which is a wholly-owned subsidiary of Singapore Press Holdings Limited.

The initial portfolio of SPH REIT comprises the following two high quality and well located commercial properties in Singapore:
    • Paragon, a premier upscale retail mall and medical suite/office property, well known for its upscale mall housing many luxury brands, located in the heart of Orchard Road; and
    • The Clementi Mall, a mid-market suburban mall located in the centre of Clementi town, an established residential estate in the west of Singapore.

The Seletar Mall is SPH's latest retail development and is expected to open at the end of 2014. This property is a potential asset to be injected into SPH REIT. SPH’s wholly-owned subsidiary, Times Development Pte Ltd, also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.

For more information, please visit 
www.sph.com.sg.