23 June 2003 - Times Periodicals Pte Ltd (TP), the magazine publishing arm of media giant Singapore Press Holdings (SPH), will be renamed SPH Magazines Pte Ltd with effect from today.
The name change is to reflect the leading market position of SPH magazines, which include such bestsellers as Her World, Her World Brides , Home & Decor and Young Parents. The direct association with the parent company will promote synergy among SPH’s businesses and is consistent with how SPH identifies its strategic business units. For example, SPH MediaWorks for television and SPH Asia One for Internet business.
SPH Magazines’ chairman, Mr Wee Leong How, says: "To be known as SPH Magazines better reflects our parentage.’’
The name change comes at a time when SPH Magazines is poised to expand its portfolio of magazines, which also include contract publishing titles such as SIA’s inflight magazine SilverKris, NSMan and ResQ.
"We thought the word Periodicals was dated and we needed a more progressive and international corporate image," says SPH Magazines’ Managing Director Mr David Tay. "The change marks a new and exciting phase for the company."
TP started as a division of Times Publications Ltd which was later known as Times Publishing Ltd and, in May 1999 it became a wholly-owned subsidiary of SPH.
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Assistant Vice President
About SPH Magazines Pte Ltd
It is the leading magazine publisher in Singapore with all its titles maintaining No. 1 readership in the Nielsen Media Index 2002
SPH Magazines also specialises in custom publishing – producing two of the highest circulating publications in Singapore.
SPH Magazines is the exclusive marketing representative of two leading Chinese publications.
About Singapore Press Holdings
Main board listed Singapore Press Holdings Limited is the leading news and information provider, offering quality content for print, Internet, TV and radio. It publishes 15 newspapers in the four official languages and six lifestyle periodicals. Everyday, 2.78 million individuals, or 90 per cent of people above 15 years old, read one of 15 newspapers published by SPH while online publication of its six main dailies enjoy some 120 million pageviews a month. SPH has ventured into the broadcast medium and operates two popular free-to-air TV channels, Channel U in Chinese and Channel i in English. It also operates two entertainment radio channels, UFM 100.3 FM in Chinese and WKRZ 91.3 FM in English, under a joint venture company UnionWorks with NTUC Media.