Singapore, 29 May 2008 - Singapore Press Holdings (SPH), Singapore Exchange (SGX), FTSE Group (FTSE) and the Securities Association of Singapore (SAS) are pleased to announce today that the real-time values of the revamped Straits Times Index (STI) and FTSE ST Index Series will be displayed on the trading terminals of SAS members by 13 June 2008.
SAS and the index partners – SPH, SGX and FTSE – have reached an agreement that paves the way for the real-time values of the STI and FTSE ST Index Series to be sent to SAS members´ trading terminals and the Internet trading accounts of their retail investors.
Mr Lim Eng Hai, CEO of SAS, said, “We are pleased that discussions with the index partners have come to a workable conclusion that allows for the real-time indices to be displayed on our member firms´ trading terminals. This will help enhance the STI´s continuing relevance as a leading market barometer.”
Jointly issued by:
Singapore Press Holdings Limited
Co. Regn. No: 198402868E
Singapore Exchange Limited
Co. Regn. No: 199904940D
FTSE International Limited
Co. Regn. No: 03108236
Securities Association of Singapore
Chin Soo Fang
DID: +65 6319 1216
Lim Seng Jin
Tel: +65 6236 8385
Tel: +852 2230 5800
Lim Eng Hai
Tel: +65 6225 4380
About Singapore Press Holdings Ltd
Newspapers and Magazines
Main board-listed Singapore Press Holdings Ltd (SPH) is the leading media company in Singapore, delivering news and information through print, Internet and broadcasting platforms. In Singapore, it publishes 14 newspapers in four languages. Every day, 2.9 million individuals or 81 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 110 million pageviews with 7 million unique visitors every month. Apart from SPH AsiaOne portal, SPH’s online and new media initiatives include a revolutionary mobile advertising and information service, ZapCode; online marketplace for products, services and employment, ST701; and STOMP (Straits Times Online Mobile Print), a portal that connects, engages and interacts with readers on the Web and via mobile phone messaging.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8, U and TV Mobile, and a 40 per cent stake in MediaCorp Press Pte Ltd, which publishes the free newspaper, Today. In the radio business, SPH has a 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 FM in Mandarin and Radio 91.3 FM in English.
In addition, SPH has ventured into outdoor advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore´s largest outdoor motion display advertising network media company, and a 35 per cent stake in TOM Outdoor Media Group, a leading outdoor advertising company in China.
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, is also developing a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.
About Singapore Exchange Limited
Singapore Exchange Ltd (SGX) was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions - the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). SGX is Asia-Pacific’s first demutualised and integrated securities and derivatives exchange and is listed on its own bourse. The exchange’s stock is a component of benchmark indices such as the MSCI Singapore’s Free Index and the Straits Times Index (STI).
SGX aims to offer a highly trusted, comprehensive and efficient securities and derivatives marketplace for raising capital, risk transfer, trading, clearing and settlement. SGX facilitates the trading and clearing of commodity futures such as crude palm oil and rubber and over-the-counter (OTC) derivatives such as forward freight agreements and oil swaps. Through strategic alliances and partnerships with other exchanges around the world, SGX is firmly positioned as an Asian Gateway.
For more information, please visit SGX website: www.sgx.com
About FTSE Group
FTSE Group is a world-leader in the creation and management of indexes. With offices in Beijing, London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco, Boston, Shanghai, Sydney and Tokyo, FTSE Group services clients in 77 countries worldwide. It calculates and manages the FTSE Global Equity Index Series, which includes world-recognized indexes ranging from the FTSE All-World Index, the FTSE4Good series and the FTSEurofirst Index series, as well as domestic indexes such as the prestigious FTSE 100. The company has collaborative arrangements with the Athens, AMEX, Cyprus, Euronext, Johannesburg, London, Madrid, NASDAQ, Thailand and Taiwan exchanges, as well as Nomura Securities and Xinhua Finance of China. FTSE also has a collaborative agreement with Dow Jones Indexes to develop a single sector classification system for global investors.
FTSE indexes are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. Independent committees of senior fund managers, derivatives experts, actuaries and other experienced practitioners review all changes to the indexes to ensure that they are made objectively and without bias. Real-time FTSE indexes are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.
About Securities Association of Singapore (SAS)
SAS, registered in December 2001, is an association of securities companies coming together with the common objective of providing a forum for members to meet and discuss key issues concerning the securities and investment industry. The SAS actively engages regulators and policy makers as well as the SGX and other players in the securities industry on strategic, regulatory, technology and operational issues affecting the industry. Its membership consists of local broking houses and foreign stockbrokers.