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Times Newslink awarded agreement contract for 9 news, books and convenience stores in Changi Airport

Singapore, 27th Jul 2012 - Times Newslink announces award of contract agreement to renew the successful leases of 6 existing news, books and convenience stores under RELAY and Times Travel concepts in Changi T1 and T3 and the recoup of 3 news, books and convenience stores in Changi T2 after the loss to Dufry-owned Hudson News outlets in 2010.

The company was awarded lease agreement to operate 9 news, books and convenience concessions with a 3-year tenancy agreement each starting from Sep 2012.

The contract win of 9 news, books and convenience stores spanning over Changi Airport’s three terminals is a strategic move between the two companies to continue to address the needs of the busy travellers in this region. The company plans to launch these concessions with the award-winning RELAY and exciting Times Travel concepts; dynamic press and book stores addressing the needs of those people on the move. The stores each covering an average of 170 square metres will retail books, press (magazines & newspapers), souvenirs, and convenience and impulse products amongst a diverse merchandising mix. Times Travel, focuses in keeping travellers up-to-date with the latest top-selling new print releases, magazines and dailies from around the globe. Its exclusive “Be a Traveller” section stocks an extensive selection of travel books, maps, travel-related merchandise and a listening station where travellers can pick up different languages. Retailing the latest publications together with a selection of gifts and souvenirs for the travelling passenger globally, RELAY has been one of the most preferred travel retail stops serving over 1 million customers on a daily basis through its 1300 locations in more than 19 countries at airports, railways and metros.

Commenting on the development, Mr LEE Charn Cheng, General Manager of LS travel retail Singapore comments: ‘We operate both RELAY and Times Travel brand concepts with success as we believe they have potential for significant growth in Changi. We thank Changi Airport Group (CAG) for their continuous support in our ambition to expand our presence in the news, books and convenience business in Changi Airport and recognition of our commitment and expertise in travel retail.

This is a great win for us as it validates the trust we have with CAG and for giving us the opportunity again to be well presented in all three terminals despite the loss to Hudson News outlets in 2010. We have a great working relationship with CAG and partners in our operation network of over 20 concept stores and are happy to continue delivering results for the customers and airport.’

Ms Joanne KANG, General Manager of Times Newslink comments: ‘We are excited about the development of RELAY and Times Travel concepts in Changi as it’s a testament for our excellent partnerships and the continued growth of our mutual business. Winning these exciting concessions forms an integral part of our strategy to expand the business in Changi Airport and to increase our brand’s presence to our customers and landlord.’

Mr Kevin LEE, Head-Retail & Distribution of Times Publishing Group comments: ‘We have been operating in Changi Airport since 2000 and Times Travel is now a brand that travellers can associate with. Through this partnership with CAG, we are committed to bringing a memorable experience to the passengers and visitors of Changi Airport.”

Ms Ivy Wong, Senior Vice President, Airside Concessions, Changi Airport Group says: “The opening of these 9 news, book and convenience stores enhances the first-class shopping experience for travellers at Changi Airport. We are delighted to have Times Newslink as our retail partner, with its strong track record in news, books and convenience retailing. We look forward to building a stronger partnership with them and bringing more innovative retail experiences to our passengers.”

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