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SPH wins Singapore Corporate Governance Award at SIAS 20th Investors' Choice Award 2019

Singapore, 26 September 2019 - Singapore Press Holdings Limited (SPH) was honoured as the winner of the Singapore Corporate Governance Award in the Diversity category at the SIAS 20th Investors' Choice Award Presentation Ceremony organised by the Securities Investors Association Singapore (SIAS) this evening at Suntec Singapore Convention & Exhibition Centre. Mr Heng Swee Keat, Deputy Prime Minister and Minister for Finance, was the Guest of Honour at the event. 
 
The Singapore Corporate Governance Award (Diversity) recognises companies that have achieved high standards of corporate governance practices and have bolstered progress in various board diversity aspects, such as gender balance, and the experience and background of directors.
 
Five SPH journalists also received awards for excellence in financial reporting:
 
1. Ms Angela Tan, Senior Correspondent, The Business Times - Financial Journalist of the Year Award
 
2. Mr Kenneth Lim, Deputy News Editor, The Business Times - Financial Story of the Year Award
 
3. Ms Hu Yuan Wen, Associate Business Editor, Chinese Media Group NewsHub - Investor Education Award
 
4. Ms Lai Oi Lai, Business Correspondent, Chinese Media Group NewsHub - Special Award
 
5. Ms Joyce Lim, Senior Correspondent, The Straits Times - Special Award
 
Ms Tan is receiving the Financial Journalist of the Year award for the second time. She received the same award for the first time in 2018.  
 
This is Mr Lim's third time receiving the award. Mr Lim received the Special Award and the Financial Journalist of the Year Award in 2013 and 2016 respectively. 
 
Ms Hu is a second-time award recipient, having won the Financial Journalist of the Year Award in 2017.
 
Both Ms Lai and Ms Lim are first-time award recipients. 
 
Mr Ng Yat Chung, CEO of SPH, said: " We are honoured to be recognised for our commitment to upholding strong corporate governance and board diversity. A diverse board brings together a wider range of perspectives and insights for better decisions. Investors are increasingly placing more importance on board diversity as they recognise its contribution to a company's performance.

"I would also like to congratulate our journalists on their achievements. The awards are a testament to SPH's professionalism and dedication in delivering the best to our readers." 
 
Commenting on Ms Tan and Mr Lim's achievement, Ms Chen Huifen, News Editor of The Business Times, said: "Although our job is not to win awards, we are very happy that our journalists are being recognised for their work. We hope that they can be beacons and inspire more to uncover issues and deliver impactful stories that will be useful to readers."
 
Ms Quek Lee Kiang, Business Editor of Chinese Media Group NewsHub said: "Yuanwen strongly believes that financial planning is for everyone. Passionate in investor education, she took on the task to create ‘Smart Personal Finance’, a new investment education fortnightly column in Lianhe Wanbao. Yuanwen also leads a team of journalists to explain financial planning and investment topics in layman terms, reaching out to the less financially savvy readers."

On Ms Lai, Ms Quek said: “ Oi Lai has delivered exceptional performance as a financial journalist, especially in the coverage of the Hyflux saga where she has actively engaged retail investors and demonstrated an acute sense of reporting and analytical skills. With her in-depth understanding of the events, Oi Lai wrote a number of commentaries that provided fresh perspectives to investors.”

Mr Warren Fernandez, Editor of The Straits Times and Editor-in-chief of SPH's English, Malay, Tamil Media Group said: "Joyce is one of our most enterprising reporters, with a well-honed knack for spotting a good story, chasing it relentlessly, and telling it in a way that connects with readers. She is a great asset to The Straits Times newsroom, and we are thrilled that her work has been recognised with this special award."
 
Issued by Singapore Press Holdings Ltd
Co. Regn. No. 198402868E

For more information, please contact: 
 
Debbie Tan
Manager
Corporate Communications & CSR
Singapore Press Holdings Limited
Tel: 6319 1586
 
Francis Mah
Senior Manager
Corporate Communications & CSR
Singapore Press Holdings Limited
Tel: 6319 1028
 
About 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.  

SPH's core business is publishing of newspapers, magazines and books in both print and digital editions. It also owns other digital products, online classifieds, radio stations and outdoor media.

On the property front, SPH owns approximately 70% in a real estate investment trust called SPH REIT which comprises Paragon, a premier upscale retail mall and medical suite/office property in Orchard Road, The Clementi Mall, a mid-market suburban mall and The Rail Mall, a stretch of shopping and dining outlets along Upper Bukit Timah Road. SPH REIT also holds 85% equity stake in Figtree Grove, a freehold sub-regional shopping centre in Wollongong, New South Wales, Australia. SPH owns and operates The Seletar Mall and is developing a new commercial cum residential site, The Woodleigh Residences and The Woodleigh Mall. It also owns a portfolio of Purpose-Built Student Accommodation (PBSA) in the United Kingdom.

It is in the aged care sector and owns Orange Valley, one of Singapore's largest nursing homes.

SPH runs a regional events arm and a chain of Buzz retail outlets. It also invested in the education business.

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

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