SET honours top corporate performers
Among 43 awards, 11 SET Awards of Honour were presented to companies that demonstrated continuity in improvement in their respective areas.
Bangchak Petroleum and Kasikornbank were recognised for their outstanding corporate governance reporting during 2008-2012. With Siam Cement, Bangchak was also recognised as the most outstanding in social responsibility for five years.
Krungthai Bank, Somboon Advance Technology and SE-Education were awarded for continued improvement in corporate governance during 2009-2012.
Kiatnakin Bank and Siam Commercial Bank were also honoured for corporate governance improvement during 2010-2012, while Kasikornbank was honoured for improvement in investor relations, and Credit Suisse Securities (Thailand) in institutional investor service improvement during the three-year period.
"The number of SET Awards of Honour indicate continued improvement among Thai-listed companies, to maintain their excellence and competitiveness," said Charamporn Jotikasthira, president of the Stock Exchange of Thailand.
Somprasong Boonyachai of Shin Corporation (INTOUCH) won the Best CEO Award, for his leadership in steering the group towards a firmer business path.
In the Market for Alternative Investment (MAI), Noppadon Tansalarak, CEO of Master Ad, was named the Best CEO.
The Best CEO Award is the most prestigious of the 43 awards presented at the annual SET event.
Panus Simasathien, chairman of the SET Awards 2012 committee, said that thanks to the transparent and thorough nomination and scoring process, these awards highlight the outstanding character of each winner.
In the Best Company Performance Award category, Advanced Info Service (AIS) was recognised among listed companies with market capitalisation above Bt10 billion while Lanna Resources, Premier Marketing, Siam United Service and Southern Concrete made the mark among those with market cap below Bt10 billion. In this category, Master Ad proved the most outstanding among MAI-listed firms. AIS was also presented the Best Investor Relations Award in the category of companies with market cap of over Bt10 billion.
Eleven companies were presented the Top Corporate Governance Report Award. The winners were Airports of Thailand, Bank of Ayudhya, Bangkok Insurance, Central Pattana, Electricity Generating, GMM Grammy, PTT Exploration and Production, SC Asset, Tisco Financial Group and Thai Oil.
Among big-cap companies, PTT and Thai Oil got the Best Corporate Social Responsibility Award. Other awardees, with smaller market capitalisation, were Somboon Advance Technology and Siam Steel Service Centre.
"This award demonstrates PTT’s commitment to social responsibility," said chief finance officer Surong Bulakul. The group has launched a number of social and environmental projects, involving consumers, employees, shareholders and communities.
Macquarie Securities Thailand, Kasikorn Securities and MTS Gold Futures won the Best Securities Company Award, while the Best Asset Management Company Award went to BBL Asset Management.
The SET Awards 2012 were presented yesterday on the sidelines of the SET in the City 2012. Open yesterday, the annual investment festival at Siam Paragon will run until November 25, featuring financial products from more than 100 companies alongside a long list of seminars.
