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SPH Appoints New Board Director

Singapore, 22 October 2010 – Singapore Press Holdings Limited (SPH) has appointed Ms Chong Siak Ching as an independent director to its Board with effect from today.

Ms Chong is the President and Chief Executive Officer of Ascendas Pte Ltd, and sits on the boards of Ascendas Pte Ltd and its subsidiaries. Ascendas specialises in developing, managing and marketing IT, science, business, industrial & logistics parks, hi-tech facilities, office and retail space with a presence in 10 countries across Asia including Singapore, China, India and Korea. Ms Chong is also the Deputy Chairman of Spring Singapore, the enterprise development agency of Singapore, and Chairman of IE Singapore's Network India Steering Committee.

In addition, Ms Chong is a Council Member of the Singapore Business Federation and was previously JTC Corporation's Deputy Chief Executive Officer. She has in-depth knowledge of the regional real estate market and extensive experience in business space management.

Ms Chong holds a Bachelor of Estate Management (Honours), a Masters in Business Administration from the National University of Singapore and has also completed the Advanced Management Programme at Harvard Business School. She is registered as a licensed valuer.

Ms Chong was named Outstanding CEO of the Year at the Singapore Business Awards in 2009. She was also conferred the National University of Singapore (NUS) Distinguished Alumni Service Award in 2009, and the NUS Distinguished Alumni Award by the Faculty of Architecture and Building Management in 1999.

Dr Tony Tan, Chairman of the SPH Board, said: “On behalf of the Board, I welcome Siak Ching as a new member. With her experience and qualifications, she is eminently qualified to contribute to the Board and the Company's growth.”

He added: “Our directors bring to SPH a wealth of knowledge in diverse sectors. They will help SPH build our core print business and seize new opportunities to grow the Company in other sectors.”

 

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

For more information, please contact:

Chin Soo Fang
Head
Corporate Communications
Singapore Press Holdings Limited
DID: 6319 1216
HP: 9688 6209
Fax: 6319 8150
Email: soofang@sph.com.sg

About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) celebrated its 25th anniversary in 2009. 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 225 million pageviews with 15 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.sg, 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.


Broadcasting
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. 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.


Events and Outdoor Advertising
SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s leading Digital Out-of-Home advertising company.


Properties
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, has also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road. The Clementi Mall, SPH's latest retail mall, will be operational in 2011.