Nice to break the gloom with a joke or two?
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Oct 9, 2008
</TR><!-- headline one : start --><TR>SPH most transparent firm <!--10 min-->
</TR><!-- headline one : end --><TR>This is one of four Sias awards the media group won. </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Michelle Tay
</TD></TR><!-- show image if available --></TBODY></TABLE>
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SINGAPORE Press Holdings (SPH) scored big again on Thursday night at the Securities Investors Association of Singapore (Sias) Investors' Choice Awards.
For the fifth year running, the media group won two top awards: Most Transparent Company in the 'Non-Electronics Manufacturing' category and Financial Journalist of the Year.
The accolades were given out at the annual awards for financial reporting run by the investor watchdog.
Ms Ng Hwee Min, senior correspondent at Chinese daily Lianhe Zaobao, was named Financial Journalist of The Year.
Financial daily The Business Times had two winners, with Mr Chew Xiang, named most promising journalist of the year, and senior correspondent Kalpana Rashiwala bagging one of two Special Awards.
Said SPH chief executive Alan Chan: 'Our successive winning of the Most Transparent Company Award for several years reflects an endorsement of our consistency in being able to meet SIAS' key criteria for the award, such as timeliness, substantiality and clarity of news release, degree of media access, frequency of corporate results, availability of segmental information and communication channel. It is an achievement we are very pleased with.'
Awards were also given out for high standards in corporate governance.
The inaugural Board Diversity Award - to recognise companies that have a good balance of backgrounds and competencies on their boards to provide a healthy diversity of viewpoints - went to joint winners Singapore Telecommunications and SMRT Corporation.
SIAS also named 18 companies as winners of the Most Transparent Company Award this year.
Among them were two joint winners in the real estate investment trust (REIT) category: Ascendas (A-Reit) and CapitaMall Trust Management.
A-Reit attributed its competitive edge to being 'one of the very few REITs in Singapore that links the performance fees for its Manager to the growth in Distribution Per Unit for unitholders'. 'Sound corporate governance principles are the foundation upon which the trust of investors is built on. Maintaining investor confidence should be a focus for all management teams,' said Mr Tan Ser Ping, chief executive of Ascendas Funds Management, which manages A-Reit.
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Oct 9, 2008
</TR><!-- headline one : start --><TR>SPH most transparent firm <!--10 min-->
</TR><!-- headline one : end --><TR>This is one of four Sias awards the media group won. </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Michelle Tay
</TD></TR><!-- show image if available --></TBODY></TABLE>
<!-- START OF : div id="storytext"-->
SINGAPORE Press Holdings (SPH) scored big again on Thursday night at the Securities Investors Association of Singapore (Sias) Investors' Choice Awards.
For the fifth year running, the media group won two top awards: Most Transparent Company in the 'Non-Electronics Manufacturing' category and Financial Journalist of the Year.
The accolades were given out at the annual awards for financial reporting run by the investor watchdog.
Ms Ng Hwee Min, senior correspondent at Chinese daily Lianhe Zaobao, was named Financial Journalist of The Year.
Financial daily The Business Times had two winners, with Mr Chew Xiang, named most promising journalist of the year, and senior correspondent Kalpana Rashiwala bagging one of two Special Awards.
Said SPH chief executive Alan Chan: 'Our successive winning of the Most Transparent Company Award for several years reflects an endorsement of our consistency in being able to meet SIAS' key criteria for the award, such as timeliness, substantiality and clarity of news release, degree of media access, frequency of corporate results, availability of segmental information and communication channel. It is an achievement we are very pleased with.'
Awards were also given out for high standards in corporate governance.
The inaugural Board Diversity Award - to recognise companies that have a good balance of backgrounds and competencies on their boards to provide a healthy diversity of viewpoints - went to joint winners Singapore Telecommunications and SMRT Corporation.
SIAS also named 18 companies as winners of the Most Transparent Company Award this year.
Among them were two joint winners in the real estate investment trust (REIT) category: Ascendas (A-Reit) and CapitaMall Trust Management.
A-Reit attributed its competitive edge to being 'one of the very few REITs in Singapore that links the performance fees for its Manager to the growth in Distribution Per Unit for unitholders'. 'Sound corporate governance principles are the foundation upon which the trust of investors is built on. Maintaining investor confidence should be a focus for all management teams,' said Mr Tan Ser Ping, chief executive of Ascendas Funds Management, which manages A-Reit.
