SINGAPORE, 31 August 2005 - Dr Tony Tan Keng Yam, who steps down from Cabinet tomorrow, has accepted an invitation to join the Singapore Press Holdings’ Board of Directors when the necessary regulatory approvals have been obtained.
On Dr Tan’s decision to accept his invitation to join the SPH Board, SPH Chairman Lim Chin Beng said: "We are delighted to have someone of Dr Tan’s distinction, experience and stature on our Board. With his long and distinguished service to the government and the nation, extensive business experience and insights into the industry, Dr Tan brings with him a wealth of expertise which will greatly benefit the company. We look forward to working with Dr Tan."
Dr Tan, an MP for Sembawang GRC, has helmed the finance, trade and industry, education, and defence ministries, and was Singapore’s Deputy Prime Minister and security supremo before he stepped down from the Cabinet.
In education, he oversaw the university sector for more than 25 years, and guided the transformation of National University of Singapore and the Nanyang Technological University into institutions of international standing, and was the driving force behind the setting up of Singapore Management University, the third university here.
Dr Tan will continue to be actively involved in the research field after his retirement. He will chair the National Research Foundation and be the deputy chairman of the Research, Innovation and Enterprise Council, as well as chair the Education Ministry’s International Academic Advisory Panel.
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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 13 newspapers in the four official languages and more than 70 magazine titles. Everyday, 2.78 million individuals, or 90 per cent of people above 15 years old, read one of the SPH publications. Its Internet Business Unit manages the online editions of SPH’s major newspapers and magazines, which together enjoy over 250 million pageviews a month. 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 newspaper Today. It also operates two entertainment radio channels, UFM 100.3 FM in Chinese and WKRZ 91.3 FM in English, under a joint venture company UnionWorks with NTUC Media.