The award is given in honour of a Mediacorp presenter who has delivered an outstanding performance in a news programme.
The nominees are determined by a team of judges employed by Mediacorp; winners are selected by a majority vote from the entire judging panel.
In addition, Lin Chi Yuan, Tung Soo Hua, Zhang Haijie, and Zhao have been nominated on four occasions, more than any other presenter.
Wang Zheng holds the record for the most nominations without a win, with two.
The award is currently being suspended and has not been presented since 2014 due to the lack of eligible nominees, as well as widespread public controversy over the credibility of the judging process in view of various unconvincing wins which saw Tung Soo Hua taking home the award over consecutive years.