Annual Report 2015
People with Passion
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Asia's leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
02 Businesses and Products
under the SPH Group 14 Organisation Structure 15 Group Financial Highlights 16 Chairman's Statement 20 Board of Directors
26 Further Information on
Board of Directors
30 Senior Management
38 CEO's Overview of Group Operations
54 Significant Events
60 Awards & Accolades
SPH Newspapers Readership Trends
Value Added Statement
72 Investor Reference
80 Corporate Governance Report
96 Risk Management
113 Financial Contents
The English/Malay/Tamil Media group comprises the print and digital operations of The Straits Times,
The Business Times, The New Paper, Berita Harian, My Paper (English section) and two student publications IN and Little Red Dot. It also consists of Tamil Murasu Ltd, which publishes Tamil Murasu and tabla!; book publishing arm Straits Times Press; SPH Data Services, which licenses the use of the Straits Times Index,
in partnership with the Singapore Exchange and FTSE Ltd; financial data company ShareInvestor; and the two English stations of SPH Radio - Kiss92 and ONE FM 91.3.
The Chinese Media group publishes three Chinese newspapers - Lianhe Zaobao, Lianhe Wanbao and Shin Min Daily News; the digital editions of Lianhe Zaobao and Lianhe Wanbao,
four student weeklies - zbCOMMA, Thumbs Up, Thumbs Up Junior and Thumbs Up Little Junior,
ZbBz Newsgazine and My Paper (Chinese section). It also operates SPH Radio's Chinese radio station, UFM100.3, and Focus Publishing, which produces a range of books and magazines including U-Weekly.
SPH's other new media initiatives include AsiaOne, Stomp, omy.sg and SPH Razor.
SPH Magazines, SPH's wholly-owned subsidiary, publishes and produces more than 100 magazine titles
and has various online sites, like hardwarezone.com, herworldplus.com and luxuryinsider.com in Singapore and the region, covering a broad range of interests from lifestyle to information technology. It has also invested in digital newsstand Magzter.
SPH also provides Out-of-Home (OOH) advertising through its digital out-of-home platform SPHMBO.
SPH Buzz is a modern retail convenience chain with a network of stores around the island.
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.
SPH REIT is a Singapore-based REIT established to invest in a portfolio
of income-producing real estate primarily for retail purposes. SPH REIT comprises Paragon, a premier upscale retail mall and medical suite/office property in Orchard Road and The Clementi Mall, a mid-market suburban mall in the centre of Clementi town.
The Seletar Mall, located in Sengkang, is SPH's latest retail development.
This property is a potential asset to be injected into SPH REIT. SPH's wholly- owned subsidiary, Times Development Pte Ltd, also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.
SPH's online classifieds include the leading online marketplace for jobs (STJobs, FastJobs), property (STProperty), cars (STCars) and general classifieds (STClassifieds, Trezo), sgCarMart and StreetSine.
SPH's regional joint venture online classifieds business has a number of leading online classifieds sites in the region.
Events and Exhibitions
Sphere Exhibits, Sphere Conferences, Exhibits Inc and Bizlink Exhibition Services organise innovative consumer and trade events and exhibitions as well as large scale conferences in Singapore and the region.
SPH has a 22 per cent stake in preschool and enrichment provider MindChamps.
For more information, please visit
Our Brand Statement
To be Asia's Leading Media Organisation, Engaging Minds and Enriching Lives, Across Multiple Languages and Platforms.
Our Core Values (EXCITE) EXcellence
Customer-focus Integrity Teamwork Embracing Change
02 Singapore Press Holdings Annual Report 2015
Businesses and Products Under The SPH Group
Berita Harian Berita Minggu Gen G
Lianhe Wanbao Lianhe Zaobao Little Red Dot
My Paper (bilingual) Shin Min Daily News tabla!
Action Asia Always Toyota Ascent
Asia-Pacific Boating AsiaSpa
China Boating CLEO Singapore Cohort
Female Brides Glam
Glam Lelaki HardwareMAG
Harper's BAZAAR Singapore Health No. 1
Her World Brides Home & Decor ICON
ICON Moments ICON Weddings JET Asia-Pacific
LP Luxury Properties Men's Health Singapore NSMan
Nanyou Nuyou Pinnacle
The Business Times
The Business Times Weekend The New Paper
The New Paper on Sunday The Straits Times
The Sunday Times Thumbs Up Thumbs Up Junior
Thumbs Up Little Junior Zaobao Sunday zbCOMMA
Shape Singapore SilverKris
Simply Her Singapore Health Singapore Magazine Singapore Nautilus The Finder
The Johnnie Walker House Edit The Peak
The Peak Gourmet & Travel The Peak Timepieces
The Singapore Women's Weekly Torque
U-Weekly Victory Trail Wellness No. 1 Winning Post Young Families Young Parents
Young Parents Preschool Guide ZbBz
* SPH has more than 100 magazine titles including contract and licensed titles in the region.
For more information,
/ Contract Publishing
Focus Publishing Straits Times Press