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ANNUAL REPORT 2007
ANNUAL REPORT 2007
BRN NO: 198105390C


Year 2006 marks the 25th anniversary of Eastern Holdings Ltd (EHL), each passing year a testimony of its solid reputation and strength as a respected publishing company since its launch in November 1981. Known as Eastern Publishing Associates Pte Ltd then, it entered into marketing services in 1989 as part of its initial growth strategy. This led to the organisation of exhibitions, seminars, tours and other related services as it integrated its publications’ portfolio and expanded its business scope. Offices in Malaysia and Hong Kong were set up to further promote its businesses overseas. By 1995, the company’s name was changed to Eastern Publishing Ltd (EPL) when it became a public limited company listed on the Singapore Exchange (SGX).

Mr. Stephen Tay Thian Boon, Chairman of the Group, has seen the Company evolve from a two-titled Company (Asian Forestry and Computer Era) into a multi-titled publishing Company in the region. EPL offers a host of consumer and trade magazines. Its roster of consumer titles, led by parenting magazine Motherhood (English and Chinese editions), include GOLF Tabloid, corporate travel magazine Frequent Traveller, Motoring and Teens that most readers have grown to recognise as EPL’s publications. These magazines are found in the newsstands and bookstores while Golf can be picked up for free at country clubs, driving ranges and selected golf retail outlets around the island.

Asia Pacific Metalworking Equipment News (MEN), Asia Pacific Food Industry (AP Food), FDM Asia and Industrial Automation Asia are some of the regional trade titles that are all established leaders in their own right and specialists in their own fi -elds. The growth of these trade titles resulted in the establishment of the Thai Trade & Industry Media Co Ltd, a joint venture partnership in Thailand, which saw the launch of a Thai version of Asia Pacific Metalworking Equipment News and Asia Pacific Food Industry in mid-2003.

Moreover, MEN, AP Food and FDM are now available in e-book versions for Internet savvy readers and professionals on the go. And the Computer Era directory still remains the authoritative guide IT professionals have come to trust and rely upon. Its twin, Industrial Automation Directory, has been directed to follow such a path.

The vision of providing value-rich publications and connecting and enhancing its clients’ business remains strong under the leadership of Mr. Tay. EPL provides its customers with multiple ways of reaching their clients and prospects through its media products and value-added sales and marketing efforts. EPL plays host to mega-scale events such as Motherhood Exhibition and Teens’ Model Search. Another anticipated and well-received exhibition is COMEX, Singapore’s most comprehensive computer and IT exhibition held annually since 1994. The latest addition to its exhibition portfolio is the Food Exhibition. On a smaller scale, but not less in grandeur, are the golf carnivals and seminars, motoring drive-aways and distribution of products in the hospitals for new mothers.

EPL added another illustrious feather on its cap in October 04. The company officially changed its name to Eastern Holdings Ltd (EHL) to refl ect its diversification into property-related business. To date, EHL has purchased four properties in Singapore for investment and development, and purchased nine apartment units in Zhuhai, China for diversification and investment purposes.

   
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