SINGAPORE, 9 April 2013 – Heart Media Group, a leading magazine publisher in Singapore, has been acquired by a new media holding company led by luxury media industry veterans Mr Olivier Burlot and Mr Julian Peh.

The new established company Heart Media Holding Ltd. will acquire Heart Media´s entire business, including its Malaysian and Indonesian entities, encompassing its stable of magazines which include WOW, Men’s FOLIO, FORM (Singapore) and ROOM (Malaysia) as well as digital properties. The titles are published and circulated in Singapore, Malaysia and in major cities in Asia.

Mr Olivier Burlot, the newly appointed CEO & Publisher, said: “Heart Media is a trusted and long-established brand in the luxury media market. Over the past 16 years, Eddy Koh and his team have built magazine titles which are read and loved by some of the most sophisticated readers in Asia. I am equally excited to partner with Julian Peh and his WhiteWave Media Group whose undisputed leadership in digital luxury media will prove a key element of further success. We believe that with such combined strengths Heart Media will fortify its position as a major magazine publisher in the Asia region."

Mr Eddy Koh, who founded the media group in 1997, will remain a strategic investor in Heart Media, said: “I am thrilled to see Heart Media being brought to new heights. The new management team will definitely create exciting and excellent growth for the titles and let us offer even more to our readers, advertisers and business partners.”

Heart Media has licensing partners in Indonesia for its titles WOW and Men’s FOLIO. More editions of both titles will be added across the region over the next 24 months.

Heart Media will be embarking on new initiatives to ensure that the group meets the diverse needs and interests of its readers, advertisers and business partners. Heart Media is set to be one of the region’s fast growing high-end media players.

www.heart-media.com