A Double Win for Meritus Hotels & Resorts at the ASEAN Business Awards 2012

Meritus Hotels & Resorts scored two wins at the ASEAN Business Awards (2012 ABA) held in conjunction with the 9th ASEAN Business & Investment Summit (ASEAN-BIS) in Phnom Penh, Cambodia.

(Photo: http://www.prnasia.com/sa/2012/12/11/20121211193426920875.html )

(Logo: http://www.prnasia.com/sa/2011/12/09/20111209194931399475-l.jpg )

Meritus was named Most Admired Enterprise (Large Company) in the 'Growth' Category, for demonstrating exceptional profit growth and long term vision for sustainable growth; and Most Admired Enterprise (Large Company) in the 'Innovation' Category, for exemplifying innovation in business processes, products, Marketing and Channel Management.

Organised by the ASEAN Business Advisory Council (ASEAN-BAC) and co-hosted by the Cambodia Chamber of Commerce, the ASEAN-BIS is established as an official side-event to the ASEAN Leaders Summit and the East Asia Summit (EAS), where no less than 16 Heads of States and Governments convene in the Cambodian capital. Over 1000 attendees joined a range of highly informative panels and intense discussions on a range of topics on ASEAN development of the coming years and on the way to achieving the AEC 2015 (ASEAN Economic Community).

This year's ASEAN-BIS included prominent speakers such as H.E. Samdech Decho Hun Sen, Prime Minister of the Kingdom of Cambodia; H.E. Cham Prasidh, Senior Minister and Minister of Commerce; H.E. Surin Pitsuwan, Secretary General of ASEAN; Donald P. Kanak, Chairman of Prudential Corporation Asia; Gilles Plante, CEO Asia of ANZ Banking Group; and Dr. Jonathan Choi, Chairman of Sunwah Group, amongst many more.

The summit concluded with the 2012 ASEAN Business Awards gala that recognised the region's most advanced SMEs and large companies in the areas of growth, employment, innovation, and corporate social responsibility.

Receiving both awards in the Growth and Innovation categories on behalf Meritus Hotels & Resorts was Deputy Chief Executive Officer Chua Tian Chu, who commented, "We are grateful and honoured to be recognised alongside some of the region's most notable and promising homegrown organisations. These awards certainly mark an important milestone for Meritus as we continue in our journey to reach more markets."

For more information on Meritus Hotels & Resorts, visit www.meritushotels.com .

Notes to Editors

About Meritus Hotels & Resorts

Meritus Hotels & Resorts is the hospitality division of Singapore Exchange-listed Overseas Union Enterprise Limited (OUE) which is amongst the key property players in Asia, and one of the few integrated developers in Singapore boasting a complete portfolio of prime assets across the retail, commercial, residential, and hospitality sectors.

As an award-winning hospitality brand, Meritus is synonymous with Asian hospitality and heritage, with luxury properties strategically located in key cities and idyllic resort destinations in Singapore, Malaysia, Indonesia, and Mainland China. Its current portfolio includes the flagship Mandarin Orchard Singapore, Marina Mandarin Singapore, Meritus Pelangi Beach Resort & Spa Langkawi, Meritus Surabaya City Centre, Meritus Mandarin Haikou, and Meritus Shantou China.

For further press information, please contact:

Janice Azupardo

Regional Vice President, Branding & Communications

Meritus Hotels & Resorts

T +65-6831-6385

[email protected]

Grace Ho

Branding & Communications Manager

Meritus Hotels & Resorts

T +65-6831-6054

[email protected]

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