It clinches “Best Investor Relations for a Corporate Transaction” award
Singapore, 10 December 2009 – Singapore Press Holdings was awarded the “Best Investor Relations for a Corporate Transaction” award, and a Certificate of Excellence at the IR Magazine South East Asia Conference & Awards 2009 held this morning at the Singapore Exchange.
This is the first time that SPH has been nominated at the IR Magazine South East Awards 2009. It is also the first recipient to win under the category of “Best Investor Relations for a Corporate Transaction”. The winner is judged on its investor relations activities in the past twelve months relating to a takeover/acquisition of another company; merger with another company, or merging of a part of the business; corporate restructuring resulting in spin-off of a part of a business; a reconstitution of shareholder structure, or other corporate transaction or M&A activity leading to potential for greater shareholder value.
Mr Tony Mallek, SPH’s Executive Vice-President for Finance said, “Regular communication with our investing community is the cornerstone of our IR strategy. Building on the support and cultivating rapport with stake holders, SPH is able to maintain its position as a dynamic multimedia organisation. This award recognises our efforts in meeting the discerning needs of our analysts and shareholders.”
The first IR Magazine Awards in Asia were held in Hong Kong in 2001. In 2005, IR magazine divided the event into three separate awards events for China, Hong Kong & Taiwan, and South East Asia.
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About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) celebrates its 25th anniversary this year. It is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
Newspapers and Magazines
In Singapore, SPH publishes 17 newspaper titles in four languages. Every day, 3 million individuals or 79 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.
Internet and Mobile
Beyond print, the Internet editions of SPH newspapers enjoy over 150 million pageviews with 9 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; local search and directory engine, rednano.sg; Stomp (Straits Times Online Mobile Print), a portal that connects, engages and interacts with readers on the Web and via mobile phone messaging; omy, a bilingual news and interactive portal and The Straits Times RazorTV, a free access interactive webcast service offering live chat shows and video-on-demand clips.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8, U and TV Mobile, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 in Mandarin and 91.3FM in English.
In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s largest outdoor motion display advertising network media company.
SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. SPH's wholly-owned subsidiary, Times Development Pte Ltd, is also developing a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.