Readership support for top media

Sin Chiew Media’s strong performance and reliability provide solid assets for prospective investors

Sin Chew Media (SCM) is Malaysia’s leading media group and the largest Chinese newspaper publisher in the country. Established in Singapore in 1929, the group now operates two national newspapers, the Sin Chew Daily and the Guang Ming Daily, and has established a strong reputation in the country for providing accurate, up-to-date, and objective reporting. The two newspapers have a circulation of more than 474,000 copies daily, reaching a readership of nearly 1.5 million Malaysians. The media group represents a strong voice for Malaysia’s Chinese population, constantly championing numerous issues affecting the Chinese community, and is a symbol of the country’s success in multi-racial and multi-cultural integration. Managing Director C.C. Liew, says, “While the Chinese newspaper segment is a highly competitive one, it is Sin Chew’s strong reputation and editorial quality that keeps us at the top of the industry. The company has built its reputation by continuously improving the quality and reliability of its publications throughout the years, and it is this reputation that has enabled us to obtain a higher readership than our competitors.”

GAN CHIN KEW Exec. Director of Sin Chew Media

Making a strong debut on Bursa Malaysia in October of this year, SCM presents a solid choice for those interested in investing in Malaysian media. The group enjoyed net profits of $11.5 million in 2003, and this is expected to rise to $14.4 million in 2005. Executive Director Gan Chin Kew states, “For investors, Sin Chew is a very stable revenue that they can look forward to. We have been profitable since 1929 and we have a very solid track record.

Thanks to the strong performance we have enjoyed in recent years we are now able to upgrade our facilities. So with the our growth opportunities, there are very few disadvantages for investors.”