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Contents Corporate Profile Corporate Profile 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. Media four student weeklies - zbCOMMA, The English/Malay/Tamil Media Thumbs Up, Thumbs Up Junior group comprises the print and digital and Thumbs Up Little Junior, operations of The Straits Times, ZbBz Newsgazine and My Paper The Business Times, The New Paper, (Chinese section). It also operates Berita Harian, My Paper (English SPH Radio’s Chinese radio station, section) and two student publications UFM100.3, and Focus Publishing, IN and Little Red Dot. It also consists which produces a range of books of Tamil Murasu Ltd, which publishes and magazines including U-Weekly. Tamil Murasu and tabla!; book publishing arm Straits Times Press; SPH’s other new media initiatives Contents SPH Data Services, which licenses include AsiaOne, Stomp, omy.sg the use of the Straits Times Index, and SPH Razor. in partnership with the Singapore 02 Businesses and Products Exchange and FTSE Ltd; financial data SPH Magazines, SPH’s wholly-owned under the SPH Group company ShareInvestor; and the two subsidiary, publishes and produces English stations of SPH Radio - Kiss92 more than 100 magazine titles 14 Organisation Structure and ONE FM 91.3. and has various online sites, like 15 Group Financial Highlights hardwarezone.com, herworldplus.com 16 Chairman’s Statement The Chinese Media group publishes and luxuryinsider.com in Singapore three Chinese newspapers - Lianhe and the region, covering a broad 20 Board of Directors Zaobao, Lianhe Wanbao and Shin range of interests from lifestyle to 26 Further Information on Min Daily News; the digital editions of information technology. It has also Board of Directors Lianhe Zaobao and Lianhe Wanbao, invested in digital newsstand Magzter. 30 Senior Management 38 CEO’s Overview of Group Operations 54 Significant Events 60 Awards & Accolades 64 SPH Newspapers Readership Trends 65 Daily Average Newspapers Circulation 66 Financial Review 69 Value Added Statement 70 Investor Relations 72 Investor Reference 74 Corporate Information 75 Sustainability Report 80 Corporate Governance Report 96 Risk Management 113 Financial Contents SPH also provides Out-of-Home Other Businesses Education (OOH) advertising through its digital SPH has a 22 per cent stake in out-of-home platform SPHMBO. Online Classifieds preschool and enrichment provider SPH’s online classifieds include MindChamps. SPH Buzz is a modern retail the leading online marketplace for convenience chain with a network jobs (STJobs, FastJobs), property For more information, please visit of stores around the island. (STProperty), cars (STCars) and www.sph.com.sg. general classifieds (STClassifieds, SPH has a 20 per cent stake in Trezo), sgCarMart and StreetSine. Our Brand Statement MediaCorp TV Holdings Pte Ltd, To be Asia’s Leading Media which operates free-to-air channels SPH’s regional joint venture online Organisation, Engaging Minds and 5, 8 and U, and a 40 per cent stake classifieds business has a number of Enriching Lives, Across Multiple in MediaCorp Press Limited, which leading online classifieds sites in the Languages and Platforms. publishes the free newspaper, Today. region. Our Core Values (EXCITE) Properties Events and Exhibitions EXcellence SPH REIT is a Singapore-based REIT Sphere Exhibits, Sphere Conferences, Customer-focus established to invest in a portfolio Exhibits Inc and Bizlink Exhibition Integrity of income-producing real estate Services organise innovative consumer Teamwork primarily for retail purposes. SPH REIT and trade events and exhibitions as Embracing Change comprises Paragon, a premier upscale well as large scale conferences in retail mall and medical suite/office Singapore and the region. 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. 02 Singapore Press Holdings Annual Report 2015 Businesses and Products Under The SPH Group Newspapers Berita Harian Tamil Murasu Berita Minggu The Business Times Gen G The Business Times Weekend i3 The New Paper IN The New Paper on Sunday Lianhe Wanbao The Straits Times Lianhe Zaobao The Sunday Times Little Red Dot Thumbs Up My Paper (bilingual) Thumbs Up Junior Shin Min Daily News Thumbs Up Little Junior tabla! Zaobao Sunday zbCOMMA Magazines 24:7 Savour Action Asia Shape Singapore Always Toyota SilverKris Ascent Simply Her Asia-Pacific Boating Singapore Health AsiaSpa Singapore Magazine BMW Singapore Nautilus China Boating The Finder CLEO Singapore The Johnnie Walker House Edit Cohort The Peak Eh! The Peak Gourmet & Travel Female The Peak Timepieces Female Brides The Singapore Women’s Weekly Glam Torque Glam Lelaki U-Weekly HardwareMAG Victory Trail Harper’s BAZAAR Singapore Wellness No. 1 Health No. 1 Winning Post Her World Young Families Her World Brides Young Parents Home & Decor Young Parents Preschool Guide ICON ZbBz ICON Moments ICON Weddings JET Asia-Pacific * SPH has more than 100 LP Luxury Properties magazine titles including Men’s Health Singapore contract and licensed titles NSMan in the region. Nanyou Nuyou For more information, Pinnacle visit www.sphmagazines.com.sg Book Publishing Focus Publishing Straits Times Press / Contract Publishing Singapore Press Holdings Annual Report 2015 03 Internet and 701search.com onefm.sg asiaone.com quotz.com.sg Digital Media beritaharian.sg razor.tv btinvest.com.sg sgcarmart.com businesstimes.com.sg shape.com.sg chope.com.sg shareinvestor.com chotot.vn sheshops.com cleo.com.sg simplyher.com.sg fastjobs.sg soshiok.com femalemag.com.sg srx.com.sg gameaxis.com stcars.sg hardwarezone.co.id stclassifieds.sg hardwarezone.com.my stdirectory.sg hardwarezone.com.ph stjobs.sg hardwarezone.com.sg stomp.com.sg harpersbazaar.com.sg stproperty.sg herworldplus.com straitstimes.com homeanddecor.com.sg tamilmurasu.com.sg homeanddecor.co.id thefinder.com.sg iconsingapore.com.sg thepeakmagazine.com kaidee.com tnp.sg kiss92.sg torque.com.sg lollipop.sg towkayzone.com.sg luxury-insider.com trezo.sg menshealth.com.sg ufm1003.sg mudah.my wanbao.com.sg mindchamps.org womensweekly.com.sg mycarforum.com youngparents.com.sg mypaper.sg zaobao.com nuyou.com.sg (accessible from China and olx.co.id Greater China) omy.sg zaobao.sg Events and BizLink Exhibition Services Sphere Conferences Buzz Pods Sphere Exhibits Out-of-Home Exhibits Inc SPHMBO Advertising Properties Retail Residential SPH REIT Sky@eleven Paragon The Clementi Mall The Seletar Mall Broadcasting SPH Radio ONE FM 91.3 Kiss92 UFM100.3.
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