Announcement To The Singapore
Exchange Ltd : Incorporation Of Subsidiaries
Times Properties Private Limited, a wholly-owned subsidiary of
Singapore Press Holdings Ltd (SPH), has incorporated a wholly-owned
subsidiary.
Details of the newly incorporated company are as follows:
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Name of company |
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Times Development Pte Ltd
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Date of incorporation |
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1 September 2006 |
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Issued Capital |
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S$2 |
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Nature of business |
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Property development |
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Mr Sum Soon Lim, who is a director of SPH, has been appointed the
Chairman of Times Development Pte Ltd. Save as disclosed above, none
of the directors of SPH has any interest, direct or indirect in the
matter.
Singapore,
1 September 2006
Submitted by Ginney Lim May Ling, Group Company Secretary to SGX
on 1 September 2006
Issued by Singapore Press Holdings Ltd
Co. Regn. No: 198402868E
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 14 newspapers in the four official languages,
including Singapore's first free Chinese newspaper, My Paper, and
over 80 magazine titles. Everyday, 2.7 million individuals, or 83
per cent of the people above 15 years old, read one of the SPH publications.
Its Internet Business Unit manages the online editions of SPH's
major newspapers, which enjoy over 100 million pageviews from 6
million unique visitors every month. More recent online additions
are the classified website, ST701, and STOMP (Straits Times Online
Mobile Print), a portal that connects, engages and interacts with
readers on the Internet and via mobile messaging.
SPH owns and operates Paragon, the prime shopping and office building
in the heart of Orchard Road. Paragon features international brands
and luxury goods, restaurants serving wide-ranging cuisines and
lifestyle facilities such as spas and a fitness club.
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 sheet Today. SPH
has a 70% stake in SPH UnionWorks, which operates two entertainment
radio channels, Radio 100.3 in Chinese and Radio 91.3 in English.
In addition, SPH holds an 80% stake in SPH MediaBoxOffice Pte Ltd,
Singapore’s largest LED network media company, and a 35% stake
in TOM Outdoor Media Group, a leading outdoor advertising company
in China.
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