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CNBC Asia Pacific to move primary facility to SGX
Posted: December 2009

CNBCSINGAPORE – Broadcaster CNBC Asia Pacific and Singapore Exchange Limited (SGX) have jointly announced the launch of a strategic collaboration to relocate the broadcaster’s primary studio facility to the SGX building. The new studio facility being built is scheduled to be operational in the second quarter of 2010.

Located on the second floor area of the SGX Centre 1 building in Shenton Way, the heart of Singapore’s financial district, the new facility will house CNBC’s primary multi-camera studio for the production of CNBC Asia’s live business day programming, and CNBC’s main production control room with direct connections to its bureaus around the region.

“CNBC’s core strength is in providing fast, accurate, actionable and unbiased business news and analysis to our viewers,” said Satpal Brainch, president and managing director of CNBC Asia Pacific. “By relocating our primary studio facility to SGX, the financial hub of trade and transaction, we are best-positioned to access breaking business and financial news, as well as the opinion and business leaders in this region.”

SGX CEO Hsieh Fu Hua added: “CNBC’s co-location at SGX underscores our role as an Asian gateway, in providing access to the region. SGX is pleased to partner CNBC, with its global reach, in our journey to becoming a borderless exchange.”

Brainch added: “Our facility at SGX joins our other studios and fixed-camera locations in major financial centres globally. This investment in our product also reinforces our commitment to the Asian business community and CNBC’s loyal viewers.”

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