SINGAPORE, 19 June 2020 – Singapore Press Holdings Limited (SPH) has appointed Ms Tracey Woon (温胡金鳳) as an independent director to its Board with effect from 1 July 2020. She will also be appointed to the Executive Committee and the Board Risk Committee.
Ms Woon, 63, is the Vice Chairman, Asia Pacific Global Wealth Management of UBS AG since July 2016. She is also responsible for the UBS' Women Initiative in Asia Pacific.
Prior to joining UBS, she was the Vice Chairman of Citibank ASEAN Corporate and Investment Banking. She has more than 37 years of investment banking experience, having worked on a whole spectrum of corporate finance transactions from equity fund raising (IPOs, equity placements and rights issues), debt offerings to advisory work, including takeovers of public companies in Singapore and ASEAN.
Ms Woon is also a Director of the National University Health System Pte Ltd, and sits on various other committees for MOH Holdings Pte Ltd, Securities Industry Council and Singapore Exchange Ltd. She was conferred the IBF Distinguished Fellow Award by The Institute of Banking & Finance in 2016, and is a Council Member with Red Cross Singapore.
Dr Lee Boon Yang, Chairman of the SPH Board, said: "On behalf of the SPH board, I welcome Tracey on board. We are facing unprecedented challenges from the ongoing COVID-19 pandemic, global economic uncertainties and disruptions to the media industry. Tracey’s deep understanding of international capital markets, as well as her wealth of experience and expertise in investment banking, will be useful to SPH as we continue to invest, diversify and strengthen our businesses.”
Ms Woon said: "I look forward to working with the SPH Board as SPH continues its transformation journey to be the region’s leading media company with multiple platforms and businesses. I also hope to tap on my years of relevant experience to contribute to SPH's investment strategy and success.”
Issued by Singapore Press Holdings Ltd
Regn. No. 198402868E
For media queries, please contact:
Chin Soo Fang
Head Corporate Communications & CSR
Singapore Press Holdings
Tel: +65 6319 1216
About Singapore Press Holdings Ltd
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.
SPH's core business is in the publishing of newspapers, magazines and books in both print and digital editions. It also owns other digital products, online classifieds, radio stations and outdoor media.
On the property front, SPH owns approximately 65% in SPH REIT whose portfolio comprises three properties in Singapore, namely Paragon, The Clementi Mall and The Rail Mall. In Australia, SPH REIT holds an 85% stake in Figtree Grove Shopping Centre and a 50% stake in Westfield Marion Shopping Centre.
SPH also owns and operates The Seletar Mall and is developing an integrated development consisting of The Woodleigh Residences and The Woodleigh Mall. It also owns a portfolio of Purpose-Built Student Accommodation (PBSA) in the United Kingdom and Germany.
It is in the aged care sector in Singapore and Japan, and owns Orange Valley, one of Singapore's largest nursing homes.
SPH runs a regional events arm. It also invested in the education business.