SINGAPORE, 29 September 2005 - Mr S. Chandra Das has been appointed Chairman of the Board of Tamil Murasu Pte Ltd, the fully-owned subsidiary of Singapore Press Holdings (SPH) that publishes Singapore’s only Tamil daily newspaper.
SPH announced today that Mr Das, 65, takes over from Dr A Vijiaratnam, 84, who stepped down from the Board on 1st August after 10 years as Chairman of the TM board.
Mr Das, a prominent former Member of Parliament and until recently Chairman of NTUC Fairprice, has remained an active leader in the Indian community. He has received numerous awards for his distinguished service to the community and the labour movement, the most recent being the NTUC Distinguished Service (Star) Award in 2005. The former Singapore Trade Representative in USSR and chairman of the Trade Development Board is currently managing director of his own company, NUR Investments and Trading Pte Ltd. He also serves on the board of several listed and privately-held companies, including The Ascott Group Ltd, Yeo Hiap Seng Ltd, and NM Rothchild & Sons (Singapore) Pte Ltd.
SPH Chairman Lim Chin Beng said: "Mr Das has wide business, political and community contacts which will serve Tamil Murasu well. We especially value his business experience and acumen, and we are confident that Tamil Murasu will continue to grow and expand into new areas under his guidance."
On his appointment, Mr Das said: "I look forward to working with the SPH board and management to make Tamil Murasu a successful and thriving paper that serves the Tamil-speaking Indian community. There are also business opportunities for Tamil Murasu in India which I hope we can exploit."
SPH also expressed its deep gratitude to Dr Vijiaratnam. Mr Lim said: "Under his guidance, Tamil Murasu was transformed from a struggling vernacular paper with a dwindling circulation to one which is profitable. It is now more reader-friendly and widely embraced by the Indian community, including younger Indians. We appreciate his contribution and wish him a happy retirement, good health and happiness."
Tamil Murasu was founded in 1935 by the late G Sarangapany. In 1995, SPH acquired Tamil Murasu with Times Publishing owning a minority stake, and in March 2004, the daily became wholly-owned by SPH. To broaden its reach, Tamil Murasu underwent two major revamps in 1999 and, most recently, in April 2005, to beef up its coverage of local and foreign news, as well as sports and entertainment. It now gives readers a daily dose of "something for everyone".
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About Singapore Press Holdings
Main board listed Singapore Press Holdings Limited is the leading media company in Singapore, in the print, Internet and broadcasting platforms. It publishes 13 newspapers in the four official languages and more than 70 magazine titles. Everyday, 2.78 million individuals, or 90 per cent of people above 15 years old, read one of the SPH publications. Its Internet Business Unit manages the online editions of SPH’s major newspapers and magazines, which together enjoy over 300 million pageviews a month. SPH also owns a 20% stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8, U and TV Mobile, and a 40% stake in MediaCorp Press Pte Ltd, which publishes free newspaper Today. SPH operates two entertainment radio channels, UFM 100.3 FM in Chinese and WKRZ 91.3 FM in English, under a joint venture company, UnionWorks, with NTUC Media, and owns an 80% stake in SPH MediaBoxOffice Pte Ltd, Singapore´s largest LED network media company.