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NEW BOARD DIRECTOR APPOINTED

SINGAPORE, 1 December 2015 – SPH REIT Management Pte.Ltd. (“SPHRM”) has appointed Ms Rachel Eng (晔毅) as an independent non-executive director to its Board with effect from today.

Ms Eng is the Joint Managing Partner of WongPartnership LLP and is involved in listings, corporate advisory, corporate governance and compliance and financial services regulatory work.

She graduated from the National University of Singapore and was admitted to the Singapore Bar and to the Roll of Solicitors of England & Wales.  She also holds a Certified Diploma in Accounting and Finance from the Chartered Association of Certified Accountants (UK).

She is an independent non-executive director of StarHub Ltd. and a board member of Certis CISCO Security Pte.Ltd. She is also a board member of the Public Utilities Board and the Singapore Accountancy Commission. In addition, she sits on the Board of Trustees of Singapore Institute of Technology and the Council of the Singapore Business Federation.

Ms Eng was awarded Law Firm Managing Partner of the Year at the ALB South East Asia Law Awards 2013. She also bagged the award in 2011, making her the first person to win twice in the award's history.  She was named "Her World Woman of the Year 2014" by SPH Magazines’ Her World and was one of the 10 women honoured in November 2015 by The Peak in its Power List 2015.

Ms Eng said: “I would like to thank SPHRM for the opportunity to serve on the board.  It maintains an excellent footing in the competitive market with two well-positioned malls – Paragon and The Clementi Mall.  I am confident that it will sustain its good performance, and I look forward to contributing to its growth and success.”

Dr Leong Horn Kee, Chairman of the SPHRM Board, said: "On behalf of the SPH REIT board, I welcome Rachel on board.  She is often consulted for legal issues related to REIT matters, and is well-regarded for offering sound, astute and practical advice.  Her relevant experience and knowledge of the real estate market will be an asset, and we look forward to her valuable contribution to the deliberations of the board.”

Enc: Photo of Ms Rachel Eng



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
DID : 6319 1216
Email : soofang@sph.com.sg


ABOUT SPH REIT
SPH REIT is a Singapore-based real estate investment trust 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.

Its portfolio of properties comprises a 99-year leasehold interest in Paragon commencing on the date of listing of SPH REIT and a 99-year leasehold interest in The Clementi Mall commencing on 31 August 2010. Valued at S$3.16 billion with an aggregate net lettable area of approximately 900,000 sq ft, the properties have a committed occupancy of 100% and have a diverse and high quality tenant base of about 440 local and international retailers and medical specialists.

Visit SPH REIT’s website at www.sphreit.com.sg for more details.

ABOUT THE REIT MANAGER: SPH REIT MANAGEMENT PTE. LTD.
SPH REIT is managed by SPH REIT Management Pte. Ltd., a wholly-owned subsidiary of Singapore Press Holdings Limited. The Manager’s key objective for SPH REIT is to provide Unitholders with regular and stable distributions, and sustainable long-term growth in DPU and NAV per Unit, while maintaining an appropriate capital structure.

ABOUT THE SPONSOR: SINGAPORE PRESS HOLDINGS
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, ranging from print, digital, radio and out-of-home media. 

SPH owns award-winning newspapers, magazines and best-selling books in both print and digital editions, as well as online classified businesses in the region. In addition, SPH has two English radio stations and one Chinese radio station, an out-of-home digital advertising unit, a regional events and conferences arm, and runs a chain of modern retail convenience stores. SPH also 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.

SPH owns 70 per cent of SPH REIT, which comprises Paragon, a premier upscale retail mall and medical suite/office property in Orchard Road and The Clementi Mall, a mid-market suburban mall. SPH's latest retail development is The Seletar Mall located in Sengkang. 

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