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MarketScreener Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Singapore Press Holdings Limited    SPRM   SG1P66918738

SINGAPORE PRESS HOLDINGS LIMITED

(SPRM)
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Singapore Press : MONEY FM 89.3 – SINGAPORE'S FIRST & ONLY BUSINESS AND PERSONAL FINANCE RADIO STATION

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01/28/2018 | 08:39pm EDT

Singapore, 29 January 2018 - MONEY FM 89.3, Singapore's first & only business and personal finance radio station, launched today. The English talk-format station by SPH Radio will not only focus on business and money-related topics, but will also branch out into general news and wider lifestyle topics. With the tagline 'Stay Ahead', the station will entertain listeners with relevant news and information to keep everyone on top of the happenings in Singapore and around the world.

The station will have access to SPH's wide-ranging content including business news and information from The Straits Times and The Business Times. It will also work with SPH's subsidiary ShareInvestor Pte Ltd, which has one of the largest investor relations networks in Asia.

MONEY FM 89.3 targets educated English speakers aged 35 years and above who takes an interest in everyday personal finance matters like retirement planning, sensible investing and responsible saving, and to add value to both savvy and novice investors.

Elliott Danker and Yasmin Jonkers will helm the morning drive time from 6am to 10am, giving you insightful discussions of the top business stories in Singapore and around the world, and provide you with the latest market updates to start your day. Tune in to Howie Lim during midday from 10am to 2pm where she will share the latest trends in property investments and challenges Small Medium Enterprises face in a changing economy. Hear Claressa Monteiro from 2pm to 4pm as she brings you the trendiest establishments in town and give you tips on how to stay savvy in the world of fashion. Desmond Wong will keep you company on the evening drive time from 4pm to 8pm, rounding up the day's news and trading activities around Asia and Europe and discuss with thought leaders on issues behind the headlines. Hang out with Audrey Ying on weekends from 7am to noon to explore different ways to spend the weekend, from brunch places to flea market bargains and many more!

Mr Sim Hong Huat, SPH Radio's General Manager, said: '2018 is definitely an exciting year for SPH Radio as we launch our second new radio station of the year. The idea of MONEY FM 89.3 came about when we were researching for new radio formats. We felt that it was the right time to introduce such a unique format to Singaporeans as the nation gets more affluent. MONEY FM 89.3 is truly a unique format that stands out from all other radio stations, with a clearly defined focus on understanding money on a personal and business front. We are confident that we have gotten the best team on board to deliver such information to our listeners. I am sure you will gain a lot of useful insights from this new station.'

Ms Loretta Lopez, Assistant Programme Director of MONEY FM 89.3, said: 'Everyone has worked extremely hard to get to this, our first day. But after all the pomp and hoopla has settled, now the real work begins! Getting behind the story, deep diving into issues and constantly talking to our listeners about subject matters close to their hearts. Whether you're a business owner, investor, homeowner, career seeker, we're truly excited to start this journey with you.'

Paul Norwood of AFEX Singapore said: 'AFEX Singapore is very excited to be part of the MONEY FM 89.3's launch. The station's aim of providing financial information and data in an entertaining format, is aligned with our desire to ensure all Singaporean's have the FX information they require, to make the best decision for them, whether they are a CFO of a business with international exposure, or an individual wanting to pay their child's tuition abroad. Congratulations to the team and MONEY FM 89.3 for the launch. Wishing you all the success in 2018 and beyond!'

Look out for MONEY FM 89.3 at various locations near your offices from 29 January to 1 February and you might walk away with MONEY FM 89.3's goodies and other prizes. Tune in to SPH Radio's MONEY FM 89.3 today to find out more.

The station is also available for online streaming at www.moneyfm893.sg. Alternatively, search for 'SPH Radio' on iTunes or Google Play Store to download the app.

For more information, please contact:

SPH - Singapore Press Holdings Ltd. published this content on 29 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 January 2018 01:39:12 UTC.

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Financials (SGD)
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EBIT 2019 232 M
Net income 2019 163 M
Debt 2019 2 000 M
Yield 2019 5,39%
P/E ratio 2019 20,9x
P/E ratio 2020 17,9x
EV / Sales2019 5,60x
EV / Sales2020 5,40x
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Yat Chung Ng Chief Executive Officer & Executive Director
Boon Yang Lee Non-Executive Chairman
Hwee Song Chua Chief Financial Officer
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