Singapore, 22 September 2006 - Singapore Press Holdings (SPH) has won the Most Transparent Company award for the fifth time in seven years since the Securities Investors Association of Singapore (SIAS) launched the Investors’ Choice Awards.
SPH not only clinched the 2006 award for the Most Transparent Company in the Non-Electronics Manufacturing category, but four of its journalists also took home awards at the SIAS 7th Investors’ Choice Awards 2006 dinner ceremony held tonight at the Raffles Ballroom, Raffles City Convention Centre.
Straits Times senior correspondent Goh Eng Yeow won the Best Financial Journalist Of The Year award, while journalist Nande Khin of The Business Times was recognised as the Most Promising Journalist of the Year.
Special Awards were also presented to senior correspondent Leslie Yee of The Business Times and to Suzane Quek, assistant to the business news editor of Lianhe Zaobao.
Previous winners include Straits Times correspondent Lee Su Shyan, who won the Financial Journalist of the Year award for the second consecutive time last year, senior correspondent Lorna Tan, correspondent Azrin Asmani and Saturday Special editor Susan Long, also of The Straits Times, Business Times senior correspondents Teh Hooi Ling and Wong Wei Kong, Lianhe Zaobao correspondents Lim Keng Soon and Loh Woon Yen, and Conrad Raj, the business editor of the former Streats.
Said SPH CEO Alan Chan: "With SPH’s stable of quality publications in all the four official languages here, as well as radio, outdoor, online and mobile products, it is vital that we ensure high standards of corporate governance and transparency. These qualities are important for a public listed company such as SPH in today’s global market place, to reassure investors of our professionalism and dedication to their concerns. These awards are a testament to SPH’s commitment to uphold good corporate governance and transparency, as well as the high standards of our business journalists. We thank SIAS for this recognition, and congratulate all our award-winning journalists."
SIAS is the largest investor lobby group in Asia, with almost 61,000 retail investor members. It promotes investor education, corporate transparency, corporate governance and is also a watchdog for investor rights.
The Guest of Honour of tonight’s event is Dato Dr Ng Yen Yen, Deputy Minister for Finance, Malaysia. Mr J Y Pillay, Chairman of the Stock Exchange of Singapore will also be present at the dinner.
The Investors’ Choice Awards are endorsed and supported by the Singapore Exchange, Standard & Poors, PricewaterhouseCoopers, Singapore Institute of Directors, Institute of Certified Public Accountants Singapore, Singapore Society of Financial Analysts, Asian Corporate Governance Association, and The Business Times.
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About Singapore Press Holdings Limited
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.