Singapore, 13 October 2005 - Singapore Press Holdings clinched several awards at the SIAS 6th Investors´ Choice Awards 2005 held last night (12 October 2005).
SIAS, or Securities Investors Association of Singapore, is the largest investor lobby group in Asia, and promotes corporate transparency, good corporate governance and quality financial journalism.
SPH clinched the 2005 award for Most Transparent Company in the Manufacturing Sector, as well as a merit prize for Corporate Governance.
This is the fourth time that SPH has won the Investors´ Choice award for Most Transparent Company from SIAS.
Six SPH journalists also brought back trophies.
Straits Times correspondent Lee Su Shyan won the Financial Journalist of the Year award for the second year running, while Lorna Tan, also from The Straits Times, won the Financial Story of the Year award for her story on investment-linked insurance plans.
The awards for Promising Journalist of the Year went to Straits Times correspondent Azrin Asmani and Lim Keng Soon from Lianhe Zaobao.
Susan Long from The Straits Times, and Teh Hooi Ling from The Business Times also won special awards.
The awards recognise local journalists who have excelled in providing retail investors with timely and in-depth information on companies.
Winners in previous years include Straits Times correspondent Lee Su Shyan, Lianhe Zaobao correspondent Loh Woon Yen, then Streats Business Editor, Conrad Raj, and Business Times senior correspondent Wong Wei Kong.
Said SPH CEO Alan Chan: “Recognition like this is priceless, because it cuts to the core of SPH´s values – of integrity and transparency, on a corporate level, and on an editorial level. We are honoured to win these awards, and especially proud of our award-winning journalists.”
The awards were presented at a dinner ceremony held at Swissotel The Stamford, Raffles Ballroom. The Guest of Honour was Mr. J Y Pillay, Chairman of the Singapore Exchange, with special guest, Ms Linda Tsao Yang, Chair of the Asian Corporate Governance Association.
With a membership of 63,000, SIAS bestows Investors’ Choice Awards to Public Listed companies every year, to promote corporate transparency and corporate governance.
The Investors´ Choice Awards are endorsed and supported by the Singapore Exchange, Asian Corporate Governance Association Ltd, Standard and Poor´s, PricewaterhouseCoopers, Singapore Institute of Directors, Institute of Certified Public Accountants Singapore, Investment Management Association of Singapore, Securities Association of Singapore, Singapore Society of Financial Analysts, NUS Business School, and The Business Times.
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About Singapore Press Holdings Ltd
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 about 80 magazine titles. Everyday, 2.8 million individuals, or 88 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 and magazines, which together enjoy over 300 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. SPH 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, and owns an 80% stake in SPH MediaBoxOffice Pte Ltd, Singapore´s largest LED network media company.