Singapore, 15 December 2010 – Singapore Press Holdings (SPH) donated and raised more than $8 million towards various charitable causes in 2010.
This includes a donation of $400,000 by SPH and the SPH Foundation to the Community Chest of Singapore in August, and the Straits Times School Pocket Money Fund, which raised over $6.2 million for needy students this year.
The latest charity project was the Boys’ Brigade Share-a-Gift programme. This year, for the fourth time, the management and staff of SPH fulfilled close to 300 wishes from a total of 10 charitable organisations. Staff also donated non-perishable food items to the Boys' Brigade. The total value of the contributions was about $18,000. SPH staff also hosted a year end party for beneficiaries from three of the organisations - Caregiving Welfare Association, Touch Cancer Support and Yuhua Neighbourhood Link - at the SPH News Centre today, where they personally presented the gifts to the beneficiaries. The rest of the gifts will be delivered to the beneficiaries by the Boys' Brigade.
Other charity giving by SPH and its subsidiaries included:
SPH's Staff Volunteers Club also sponsored 100 underprivileged children from five charitable homes to watch Walking with Dinosaurs earlier this month, while several divisions across SPH adopted different charities.
SPH’s next charity event is the ChildAid concert by The Straits Times and The Business Times on 17 and 18 December at Resorts World Sentosa. Into its sixth year, this year's ChildAid concert has raised a record amount of $1.28 million for The Straits Times School Pocket Money Fund and The Business Times Budding Artists Fund.
Mr Alan Chan, Chief Executive Officer of SPH, said: “SPH strongly believes in giving back to the community. Not only do we make regular donations to worthy causes as a company, our staff also contribute much time and effort to raise funds for various charitable organisations. We hope that through our efforts, we can help to inspire others to share in the joy of caring and giving.”
Besides giving to charity, SPH's diverse corporate social responsibility programme also involves supporting the arts, education, wildlife conservation, and sports, among others.
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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 77 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; 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.
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.
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.