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SPH wins Most Transparent Company Award at 15th SIAS Investors’ Choice Awards 2014

Three SPH journalists recognised for their editorial excellence

Singapore, 31 October 2014 – 
Singapore Press Holdings (SPH) received the Most Transparent Company Award in the Services category at the 15th SIAS Investors' Choice Awards 2014 held at the Marina Bay Sands Expo and Convention Centre this evening.

With this latest accolade, SPH has now won this award eleven times. This is also the third consecutive year that it has bagged this award under the Services category (from 2012 to 2014). SPH won the award eight times when it was previously grouped under the Non-Electronics Manufacturing category.

Mr Lawrence Wong, Minister for Culture, Community and Youth and Second Minister for Communications and Information, was the event’s Guest-of-Honour. 

Mr Alan Chan, Chief Executive Officer of SPH, said: “This latest achievement is a testament to the rigorous standards of corporate governance and transparency that we uphold throughout the years. This is made possible with the guidance of our board and the strong support from our management and staff. I am also very proud of our award-winning journalists whose achievements continue to reflect their dedication and professionalism, as well as the high editorial standards set in our newsrooms.”

The three SPH journalists who received awards for their editorial excellence were

1) Ms Michelle Quah (Senior Correspondent, The Business Times) – Financial Journalist of the Year

2) Ms Lee Meixian (Journalist, The Business Times) – Most Promising Journalist of the Year

3) Mr Goh Eng Yeow (Senior Correspondent, The Straits Times) – Best Commentary Award

This was the third time Ms Quah was honoured at the SIAS Investors' Choice Awards. She was a joint-winner for the Financial Journalist of the Year award in 2007 and won the Financial Story of the Year award in 2010.

It was also the third accolade for Mr Goh Eng Yeow at the SIAS Investors’ Choice Awards. He was named Financial Journalist of the Year in 2006 and last year, he won the Outstanding Commentaries award. 

This is the first award for Ms Lee Meixian at the SIAS Investors’ Choice Awards. 

Mr Wong Wei Kong, Executive Editor and News Editor, The Business Times, said: “Michelle is without peer as an authority on corporate governance issues in Singapore. She combines her knowledge base with her years of experience covering corporate Singapore to put corporate governance, or the lack of it, under sharp scrutiny. She pulls no punches, regardless of who are involved, and her commentaries and stories have touched on a wide range of issues that have investor protection at their heart.”

Reflecting on Ms Lee’s achievements, he further added: “In just her first full year in reporting, Meixian has gone beyond the headlines to explore issues in depth. Her tenacity in chasing down the news, and refusal to give up until she is satisfied she has found the answers, make her a promising financial journalist.”

On Mr Goh’s latest accolade, Ms Jeanette Lee Su Shyan, Money Editor, The Straits Times, said: “Eng Yeow consistently delivers insightful commentaries. His knowledge of the stock market is unparalleled in the newsroom.”


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



Yeo Siew Chi (Mr) 
Manager
Corporate Communications & CSR Division
Singapore Press Holdings Ltd
DID: 6319 1586
Email: 
yeosc@sph.com.sg


About the 15th SIAS Investors’ Choice Awards 2014

The SIAS 15
th Investors' Choice Awards 2014 are endorsed, sponsored and supported by Association of Chartered Certified Accountants (ACCA), Accounting and Corporate Regulatory Authority (ACRA), Australian Institute of Company Directors (AICD), Baker & McKenzie.Wong & Leow, Brendan Wood Asia (Strategic Partner), Chartered Financial Analyst Singapore (CFA), Channel NewsAsia, CPA Australia, Institute of Directors (IoD), Institute of Singapore Chartered Accountants (ISCA), Investment Management Association of Singapore (IMAS), Institute of Internal Auditors (IIA Singapore), Investment Trends (Strategic Partner), KPMG, Lianhe Zaobao, RSM Ethos, Singapore Accountancy Commission (SAC), Singapore Association of the Institute of Chartered Secretaries and Administrators (SAICSA), Securities Association of Singapore (SAS), Singapore Exchange (SGX), Sim Kee Boon Institute for Financial Economics (SMU-SKBI-Strategic Partner), Starhub Ltd, Straits Times, TalkMed Group Limited, Thai Beverage Public Company Limited, The Ascott Limited, The Business Times, Today Newspaper.

SIAS, a non-profit organisation, is the largest investor lobby group in Asia, with 71,704 retail investors as members to-date. It actively promotes Investor Education, Corporate Transparency and Corporate Governance, and is the watchdog for investor rights in Singapore. 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. 

As retail investors have to rely largely on the media for financial information to guide their investment decisions, SIAS introduced the awards for journalists in 2002 to encourage more accurate and useful financial reporting to help small investors.


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.