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SPH renames and regroups its newspaper divisions

Singapore, 5 December 2014 – Singapore Press Holdings (SPH) today announced the re-organisation and re-naming of its two newspaper divisions. The proposed changes will take effect from 1 January 2015.

The English & Malay Newspapers Division will be renamed English/Malay/Tamil Media group. It will comprise not only
 the print and digital operations of The Straits Times and other titles like The Business Times, The New Paper, Berita Harian and My Paper (English section), but also several media-related subsidiaries. The subsidiaries transferred are:  

- Tamil Murasu Ltd, which publishes Tamil Murasu and tabla!;   

- book publishing arm Straits Times Press;

- SPH Data Services, which licenses the use of the Straits Times Index, in partnership with the Singapore Exchange and FTSE Ltd;

- financial data company ShareInvestor, and

- the two English stations of SPH Radio (Kiss 92 and HOT FM).


The Chinese Newspapers Division will be renamed Chinese Media group. Besides its three Chinese newspapers (Lianhe Zaobao, Lianhe Wanbao and Shin Min Daily News),
 its four student weeklies (zbCOMMA, Thumbs Up, Thumbs Up Junior and Thumbs Up Little Junior), ZbBz Newsgazine and My Paper (Chinese section), it will incorporate the following: 

- SPH Radio's Chinese radio station, UFM100.3, and 

- Focus Publishing, which produces a range of books and magazines including U-Weekly.

The transferred subsidiaries were previously accounted for under the "Others" business segment of SPH.

Mr Alan Chan, Chief Executive Officer of SPH, said: "The whole nature of our media business has changed profoundly. The renaming of the divisions better reflects the transformation that all our newsrooms have gone through in the past year to become integrated operations, producing both print and digital output across all platforms throughout the day. The transfer of our media-related subsidiaries is aimed at facilitating growth of our media adjacencies and new lines of business. I am pleased that all our newsrooms and subsidiaries
 have embraced the changes."

There will be no change to the staffing and leadership of the two groups and in the various newsrooms and subsidiaries.

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

For more information, please contact:


Chin Soo Fang
Head
Corporate Communications & CSR 
Singapore Press Holdings Ltd 
DID: 6319 1216 
E-mail: soofang@sph.com.sg

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, 2.81 million individuals or 68 per cent of people above 15 years old, read one of SPH's news publications, either on print or digital platform. 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 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 to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia-Pacific. SPH REIT is managed by SPH REIT Management Pte Ltd, which is a wholly-owned subsidiary of SPH.

The initial portfolio of SPH REIT comprises:

· 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, located in Sengkang, is SPH's latest retail development which opened in November 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