Singapore, 7 October 2021 - Singapore Press Holdings (SPH) and SPH Foundation will be donating a total of $367,359 as part of its annual charity giving this year.Of this amount, $200,000 from SPH Foundation will go towards 20 social service agencies supported by Community Chest, enabling them to continue delivering critical programmes to seniors and families in need of support, children with special needs and youth-at-risk. Another $100,000 will go towards the Special Education Financial Assistance Scheme (SPED FAS). Please see appendix for more information of the 20 programmes and the SPED FAS.
SPH Foundation will also be donating $50,000 to The Straits Times School Pocket Money Fund (STSPMF) to coincide with Children's Day on 8 October 2021. Set up in 2000 on Children's Day, STSPMF provides school pocket money to about 10,000 primary, secondary and post-secondary students from low-income families yearly.
SPH Foundation will also donate $10,000 to The Business Times Budding Artists Fund (BT BAF) which provides children and youths from financially disadvantaged backgrounds opportunities and access to the arts. The amount will go towards the organising of their annual fundraising and charity event Children for Children, held to commemorate Children's Day on 8 October. SPH Foundation's donation is used to produce an online video about friendship called "Love Triumphs", an accompanying book of the same title, as well as sponsorship of 1,000 goodie bags which will be distributed to primary school children when they are able to return to school safely. In addition, 1,000 students from 50 schools will also receive a pair of tickets each to visit Adventure Cove Waterpark, sponsored by Resorts World Sentosa.
Dr Lee Boon Yang, Chairman of SPH and SPH Foundation, said: “As the long-drawn battle against Covid-19 enters its second year, many of the vulnerable in our community continue to face disruptions to their lives brought about by the pandemic. Doing good remains an integral part of SPH’s DNA, and it is our hope to do our best to alleviate the burden of the less fortunate no matter the circumstances.”
Mr Phillip Tan, Chairman of Community Chest, said: "SPH has been a long-time supporter of Community Chest. We are heartened to see SPH’s unwavering commitment in empowering communities-at-risk, especially in this challenging time when many individuals and families have been impacted.”
In addition, SPH will also be donating $7,359 in total to STSPMF and BT BAF. This amount was raised from the SPH Tribe Challenge 2021 - Heart & Sole Charity Fundraiser. Organised by SPH’s Corporate Communications & CSR Division and the company’s sports and recreation club called Club Zest, the fundraiser from 15 June to 14 July 2021 saw over 160 staff participating in a virtual charity walk, clocking more than 11,000km to raise funds for STSPMF and BT BAF. The donation comprised staff’s donation as well as matching donations from Club Zest and SPH Staff Volunteers Club.
Issued by:
Singapore Press Holdings Limited
Co. Regn. No: 198402868E
Singapore Press Holdings Foundation Ltd
Co. Regn No. 200300910M
Attachments:
1. About the Special Education Financial Assistance Scheme
Manager
Corporate Communications & CSR
Singapore Press Holdings
DID: 6319 1982
Email: alum@sph.com.sg
Assistant Vice President
Corporate Communications & CSR
Singapore Press Holdings
DID: 6319 1028
Email: mahys@sph.com.sg
About Singapore Press Holdings
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 has several business segments. The first is the media business, engaged 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 retail and commercial front, SPH owns 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 holds a 50 per cent stake in two joint venture companies which are developing an integrated development consisting of The Woodleigh Residences and The Woodleigh Mall.
Under the Purpose-Built Student Accommodation (“PBSA”) segment, the Company is an owner, manager and developer of a portfolio of PBSA in the United Kingdom and Germany, and currently operates two distinctive brands, Student Castle and Capitol Students.
The Company is also in the aged care sector in Singapore and Japan, and owns Orange Valley, one of Singapore’s largest private nursing homes.
* SPH owns a 70 per cent interest in The Seletar Mall.
About Singapore Press Holdings Foundation
The Singapore Press Holdings Foundation, a registered charity and an Institution of Public Character, was first set up as the Press Foundation of Singapore in January 2003 to help build a lifelong learning community that embraces language enrichment, creativity, diversity, healthy living and sports. The seed contribution of $20 million to the Foundation came from media group Singapore Press Holdings Ltd. It was renamed Singapore Press Holdings Foundation in May 2005. For more information, please visit the Foundation’s website at www.sphfoundation.org.sg.