Bangkok--Jul 19--SET
Money & Banking Magazine, the SET and CNBC Hold SET Awards 2005 & Thailand Business Leader Awards 2005 To Recognize Outstanding Companies; Prasert Bunsumpun Awarded the “Best CEO of The Year”
H.E. Finance Minister Dr. Somkid Jatusripitak presided over the SET Awards 2005 ceremonies at the Queen Sirikit National Convention Center. Money & Banking Magazine co-hosted the event with The Stock Exchange of Thailand (SET) to honor listed companies, securities companies, and investment management companies for their outstanding performances, management, and services. Also honored was the best CEO of the year.
The Editor-in-Chief of Money & Banking Magazine, Mr. Santi Viriyarangsarit, stated that the SET Awards 2005 had nine award categories (22 awards) for listed companies on the SET, three award categories (3 awards) for listed companies on the mai (Market for Alternative Investment), four award categories (8 awards) for securities companies, one category (4 awards) for investment management companies, and an award for the best CEO of the year. A total of 38 awards were presented.
1. Best Performance Awards went to listed companies in eight industry groups that had outstanding financial standings and performances during 2004. Also considered was the company’s liquidity and extent to which their information disclosure was in line with the SET’s regulations. The winners were:
Agro & Food Industry: Univanich Palm Oil Pcl.
Consumer Products: Fancy Wood Industries Pcl.
Financials: TISCO Bank Pcl.
Industrials: The Aromatics (Thailand) Pcl.
Property & Construction: The Siam Cement Pcl.
Resources: PTT Pcl.
Services: Thoresen Thai Agencies Pcl.
Technology: Advanced Info Service Pcl.
2. Best Liquidity Improvement Award was for the company which best utilized the capital market’s tools to significantly improve its liquidity in securities trading over the year 2004. The winner was:
Sri Trang Agro-Industry Pcl.
3. Best Investor Relations Award was for the listed company that conducted the most effective investor relations activities. The criteria included user satisfaction regarding the quality of company’s information, the array and effectiveness of the company’s communication channels, and the company’s policies that benefit shareholders and investors. The winner was:
Advanced Info Service Pcl.
4. Best Newly-Listed Company of the Year award was given to the newly-listed companies in 2004 that had the most successful IPO presentations to the public as well as outstanding financial standings and performances. The award was also presented to the companies’ financial advisors. Winners in this category were:
Thai Oil Pcl.
Finansa Securities Co., Ltd.
Phatra Securities Pcl.
SCB Securities Co., Ltd.
5. Best Brokerage Service of the Year Awards were for the securities companies with the most outstanding brokerage services. The criteria included customer satisfaction regarding each firm’s investment advice, efficiency in securities trading and participation in developing and educating investors. The companies must also have operated ethically and in accordance with the SET’s rules. The winners were:
UBS Securities (Thailand) Limited for institutional investor services
Asia Plus Securities Pcl. for retail investor services.
6. Best Research House of the Year Awards were for securities companies with the most outstanding research reports that served all investor groups. The criteria included user satisfaction with regards to accuracy, adequacy, and timeliness of fundamental economic and securities information, as well as other support in making investment decisions. The winners were:
Phatra Securities Pcl. for Institutional Investor Services
Capital Nomura Securities Pcl. for Retail Investor Services
7. Best Asset Management Awards were for investment management companies producing the highest composite returns in 2004 in each fund category. The winners were:
Equity Fund: BBL ASSET MANAGEMENT Co., Ltd.
Flexible Fund: BBL ASSET MANAGEMENT Co., Ltd.
Fixed Income Fund: TISCO Asset Management Co., Ltd.
Net Cash Flow: Kasikorn Asset Management Co., Ltd.
8. Best Corporate Governance Report Awards were for listed companies receiving the most outstanding reports on their compliance with the SET’s 15 good corporate governance principles. In considering the candidates, judges examined their 56-1 forms, annual reports, shareholders’ meeting invitation documents and the shareholders’ meeting reports of the companies. The winners were:
Advanced Info Service Pcl.
The Aromatics (Thailand) Pcl.
The Bangchak Petroleum Pcl.
Bankthai Pcl.
National Petrochemical Pcl.
PTT Pcl.
Ratchaburi Electricity Generating Holding Pcl.
Sahaviriya Steel Industries Pcl.
TISCO Bank Pcl.
Trinity Watthana Pcl.
Asian Property Development Pcl.
9. Best CEO of the Year award was for the CEO who possessed the strongest leadership vision, having set the most accurate targets, the clearest strategies, selected a superior management team and was acknowledged for leading the company to success while recognizing the importance of the society. The winner was:
Mr. Prasert Bunsumpun
President
PTT Pcl.
10. mai Best Growth STAR Award went to the firm listed on the Market for Alternative Investment (mai) which had the most outstanding growth potential over 2004. Also considered was the company’s liquidity and the extent to which their disclosure of information was in line with the mai’s regulations. The winner was:
Interlink Communication Pcl.
11. mai Best Return STAR Award went to a mai-listed company which had the most outstanding shareholders’ returns during 2004. Also considered was the company’s liquidity and the extent to which their disclosure of information was in line with the mai’s regulations. The winner was:
Unique Mining Services Pcl.
12. mai Newly-Listed STAR Awards were given to the newly-listed companies on the mai in 2004 that had the most successful IPO presentations to the public as well as outstanding financial standings and performances. The award was also presented to the companies’ financial advisors. Winners in this category were:
Unique Mining Services Pcl.
KGI Securities (Thailand) Pcl.
The awards for each category were finalized by the honorary judges and experts in the finance and investment fields. The judging panel was comprised of Dr. Maruey Phadoongsidhi, Dr. Panas Simasathien, Mr. Santi Viriyarangsarit, Mr. Seri Chintanaseri, and Mr. Kittiratt Na-Ranong.
The advisory group to the SET’s Corporate Governance Center-- Prof. Hiran Radeesri, Prof. Kovit Poshyananda, Mr. Singh Tangtatswas, and Mr. Yuth Vorachattarn--also joined in the selection committee when the judges considered the recipients for the Best Corporate Governance Report Awards.
The committee was chaired by the Deputy Prime Minister and Finance Minister Dr. Somkid Jatusripitak. The committee selected outstanding companies based on their performances in 2004.
The SET President, Mr. Kittiratt Na-Ranong, stated that 2005 was the third year that the SET AWARDS has been held. This event aims at promoting the Thai capital markets by honoring businesses and executives with outstanding achievements, e.g., in operational performance, liquidity management in securities trading, successful IPO presentations of newly-listed companies, securities brokerage services, best-yielding fund management, and good corporate governance reports. There was also an award for visionary and capable leadership.
In addition to giving moral support, the awards also identified and recognized good role models for all businesses to follow and provide investors with useful information.
The main sponsor of the SET Awards 2005 is BMW (Thailand) Ltd. The event was also supported by the FeTCO (Federation of Thai Capital Market Organizations), whose members were the Association of Investment Management Companies, the Association of Securities Companies, the Listed Companies Association, the Securities Analysts Association, the Thai Investors Association and The Stock Exchange of Thailand. The mai and SETTRADE.Com also took part in supporting the event.
Thai Business Leader Awards (TBLA) 2005
Raising Thai Businesses’ Profiles to the Regional Level
The SET Awards event also incorporated the Thailand Business Leader Awards (TBLA) 2005, which was jointly organized by Money & Banking Magazine, the SET, and CNBC Asia-Pacific. TBLA 2005 showcases and profiles outstanding examples of corporate leadership and excellence in the Thai market. Winners of TBLA 2005 will move on as finalists in the regionally held Asia Business Leader Awards scheduled for November 2005 in Kuala Lumpur, Malaysia.
There were 4 award categories for this year’s TBLA 2005. They are:
1. Thailand Business Leader of the Year
The Business Leader of the Year Award recognizes the chief executive who is able to retain loyal customers, inspire and motivate staff, improve profitability and make his or her vision for the company a reality.
The winner is: Mr. Prasert Bunsumpun
President
PTT Pcl.
2. Thailand Corporate Citizen of the Year
The Corporate Citizen of the Year Award acknowledges the person who made the most outstanding contributions to the arts, education, the environment and community development.
The winner was: Mr. Vichai Tanpattanarat
President & CEO
Fancy Wood Industries Pcl.
3. Thailand Innovator of the Year
The Innovator of the Year Award rewards the person with the most inventive ideas in business. It is based on achievements made in new product development and groundbreaking business processes, business models and strategies.
The winner was: Mr. Aditheb Bisalbutr
President & CEO
Thai Olefins Pcl.
4. The CEOs’ Choice of the Year Award is determined by a poll conducted amongst the top CEOs in Thailand. The award went to Mr. Chumpol Nalamlieng, President, The Siam Cement Pcl.
Alexander P. Brown, President & CEO, CNBC Asia Pacific, said: “As the undisputed world leader in business news, CNBC is proud to bring the prestigious Asia Business Leader Awards to Thailand for the first time. Together with the SET Awards, the Thailand Business Leader Awards recognize successful local business leaders who have demonstrated dynamic leadership and effective management as they steer their companies towards continued growth. I congratulate all the winners and finalists who have made it after an elimination process that seen the number of finalists come down to 8 from a starting list of close to 500 companies across Thailand. That is an achievement in itself.”
SET President Mr. Kittiratt said: “Winners of TBLA 2005 awards, who received their awards on the same night as the SET Awards 2005, will be broadcast throughout the CNBC network. This is therefore another event at which Thai companies have had their profiles elevated to the regional level. It was also an event which provided a great opportunity for the Thai market to become more widely known internationally. This is in line with the SET’s mission to improve the quality and attractiveness of Thai listed companies. The SET will continue to fully support any endeavors that result in greater exposure for Thai businesses in the global market.”
Money & Banking Magazine Editor-in-Chief, Mr. Santi, added: “The Money & Banking Magazine is proud to have initiated the program with CNBC Asia Pacific. The effort has been supported by the SET and is aimed at promoting and raising the profile of the Thai capital market as well as Thai businessmen to be recognized at the regional level. This event will benefit the Thai stock exchange, the capital market and local businessmen both individually and as a whole.”
Mr. Prasert Bunsumpun
President
PTT Public Company
Best CEO of the Year 2005 &
Thailand Business Leader of the Year 2005
Work Experience
1996-2000 President, Oil Business Group, Petroleum Authority of Thailand
2000-2001 President, Gas Business Group, Petroleum Authority of Thailand
2001-2003 Senior Executive Vice President, gas Business Group, PTT Plc.
2003-present President, PTT Plc.
Important Positions in other Companies related to PTT
Director of the Board, PTT Exploration and Production Plc(PTTEP)
Director of the Board, Thai Olefins Plc.(TOC)
Director of the Board, Aromatics(Thailand) Plc. (ATC)
Director of the Board, National Petrockemical PLc(NPC)
Director of the Board, Thai Oil Plc.(TOP)
PTT Performance Highlight:
2004
The World’s leading Companies from Forbes Magazine
-2000 of the world’s leading corporation reviewed, from 51 countries and 27 industrial sectors
-Ranked 461st worldwide and 1st in Thailand in March 25
BusinessWeek Global 1000 from BusinessWeek Magazine
-MSCI ranked corporations from 38 countries by market value as of May 31, 2004
-1st in Thailand, ranked 498th among 1,000 corporations worldwide
Fortune Global 500 — the World’s Largest Corporations from Fortune Magazine
PTT Management Highlight:
Asia’s Best Companies 2004 from Finance Asia Magazine
Best Managed Companies and Corporate Governance Polls from Asia Money Magazine
Established a clear vision, leads executive team in developing, revisiting, and strategizing their vision.
-“There are 3 levels of plans—corporate, business and support function plans” which translate into KPI for everyone. The key metrics are financial, customer, asset utilization, execution”
-The top team created a clear vision to be a regional champion within 5 years, to be among Asian top 50 largest corporations
-Personally leads customer feedback sessions, adapts information to modify the business plan
Social and Environmental Responsibility Highlight:
Establishment of the Sirinath Rajini Center for Mangrove Forest Studies
-“We focus on environment issues and contribute by helping community that stay near our facilities. We also do green forest-reforestation. We actually support 1 million rai that took us 10 years to material the reforestation. We spend 3,000 million baht on these alone.”
Launched the “60-million baht campaign” to promote energy conservation
-Organized “NGV for Transportation Day” with Ministry of Energy and provided free engine check-up for general public under “PTT Engine Tune-up Program.
Donation to a tsunami fund and assisted in IT center in amount of THB 110,400,000 (equivalent to USD 2,760,000)
-“My own personal involvements are in the Tsunami crisis, I initiated fund raising session.”
Support Thai athletes in amount of THB 9.3 mil(equivalent to USD 232,500)
Provision scholarships to over 2,300 students for nine consecutive years; constantly build schools libraries under “Phalang Thai Pue Thai Scheme and support in developing dream school. End.