Bangkok--27 Jul--SET
H.E. Finance Minister Dr. Thanong Bidaya, Ph.D., presided over the SET Awards ceremonies at the SET Building. The event has been co-hosted by Money & Banking Magazine and The Stock Exchange of Thailand (SET) to honor outstanding listed, securities and asset management companies, as well as the best CEO of the year.
Editor-in-Chief of Money & Banking Magazine, Mr. Santi Viriyarangsarit, disclosed that the SET Awards 2006 has six categories (containing 23 awards) for SET-listed companies; three categories (with three awards) for Market for Alternative Investment (mai)-listed companies; two categories (with two awards) for outstanding bonds and securities companies on Bond Electronic Exchange (BEX); two categories (containing six awards) for securities companies; one category (with four awards) for investment management companies; and an award for the best CEO of the year, making a total of 39 awards as follows:
1. Best performance awards: listed companies in eight industry groups that had exceptional financial performances. Other factors considered are the company’s liquidity and extent to which their information disclosure accords with SET’s regulations. Winners of each category are:
Agro & Food Industry: Oishi Group PCL
Consumer Products: Siam Steel International PCL
Financials: The Siam Commercial Bank PCL
Industrials: Thai Stanley Electric PCL
Property & Construction: Amata Corporation PCL
Resources: PTT Exploration and Production PCL
Services: Precious Shipping PCL
Technology: Advanced Info Service PCL
2. Best liquidity improvement award: the firm which best used capital market tools to improve liquidity in securities trading. The winner is:
Cal-Comp Electronics (Thailand) PCL
3. Best Investor Relations Award: the public company that conducted the most effective investor relations activities, determined by user satisfaction with the firm’s information, variety and effectiveness of communication channels, and benefits that shareholders and investors derived from its policies. The winner is:
PTT PCL
4. Best newly-listed company awards: just-listed firms that had the most successful initial public offerings (IPO)s, and exceptional financial performances. The award will include the companies’ financial advisors. The winners are:
Glow Energy PCL
Phatra Securities PCL
5. Best brokerage service awards: securities companies with the most outstanding brokerage services, determined by customer satisfaction with investment advice, efficiency in securities trading, and investor development and education.
The winners are:
Institutional investor services: Phatra Securities PCL
Retail investor services: Asia Plus Securities PCL
Best research house awards: securities companies with the most significant research reports, quality of research and coverage of securities, determined by user satisfaction with the adequacy, timeliness, access to economic and securities information, and support in making investment decisions.
Institutional investor services: Phatra Securities PCL
Retail investor services: Asia Plus Securities PCL
7. Best asset management awards: investment management organizations producing the highest composite returns in each fund category: equity, fixed income, flexible, and the fund with best net cash flow. The winners are:
Open-ended Equity Fund: Aberdeen Asset Management Co., Ltd.
Open-ended Fixed Income Fund: ING Funds (Thailand) Co., Ltd.
Open-ended Flexible Fund: Aberdeen Asset Management Co., Ltd.
Net Cash Flow: SCB Asset Management Co., Ltd.
8. Best corporate governance report awards: listed firms receiving the most positive feedback on their compliance with SET’s 15 good corporate governance principles. In considering the candidates, judges examined their Form 56-1s, annual reports, shareholders’ meeting invitation documents and the companies’ reports to shareholder meetings. The winners are:
Bangkok Aviation Fuel Services PCL
Bangkok Expressway PCL
Eastern Water Resources Development and Management PCL
N.C. Housing PCL
Precious Shipping PCL
The Siam Commercial Bank PCL
Siam City Bank PCL
Thanachart Capital PCL
9. Best corporate social responsibility (CSR) awards: firms demonstrating exceptional social responsibility. The winners are:
PTT PCL
The Siam Cement PCL
Kasikornbank PCL
The Bangchak Petroleum PCL
10. Best CEO of the year: the CEO who possessed the strongest leadership and clarity of vision, set the most lucid targets and strategies, selected the most competent management team, and was acknowledged as best integrating company leadership with corporate social responsibility. The winner is:
Khunying Jada Wattanasiritham
President
The Siam Commercial Bank PCL
11. mai growth STAR award: the firm listed on mai which displayed the most exceptional growth potential. Also taken into consideration were the company’s liquidity and extent to which their disclosure of information accorded with mai’s regulations. The winner is:
Interlink Communication PCL
12. mai best return STAR award: mai-listed company which had the most outstanding returns to shareholders. Also taken into consideration are the firm’s liquidity, and the extent to which their disclosure of information accorded with mai’s regulations. The winner is:
Unique Mining Services PCL
13. mai newly-listed STAR awards: mai firms listed in 2005 that had the most successful IPOs, and exceptional financial performances. The award will include the companies’ financial advisors. The winners are:
CPR Gomu Industrial PCL
Capital Nomura Securities PCL
14. BEX highest trading of the year award: most actively- and consistently-traded debt securities on BEX. The winner is:
The Siam Cement PCL
15. BEX most active brokerage house of the year award: most active securities company on BEX. The winner is:
Thanachart Securities PCL
Additionally, 16 firms were recognized for their Distinction in Maintaining Excellent Corporate Governance Reports for their second consecutive year. These companies are:
Advanced Info Service PCL The Aromatics (Thailand) PCL
Banpu PCL The Bangchak Petroleum PCL
Electricity Generating PCL Kasikornbank PCL
PTT PCL PTT Exploration and Production PCL
Ratchaburi Electricity Generating Holding PCL Shin Satellite PCL
The Siam Cement PCL The Siam Industrial Credit PCL
Sahaviriya Steel Industries PCL Thai Reinsurance PCL
Tipco Foods (Thailand) PCL TISCO Bank PCL
SET President Ms. Patareeya Benjapolchai stated that the SET Awards 2006 were to continuously promote the Thai capital market by honoring exceptional achievements of businesses and executives in management, operational performance, corporate governance and social responsibility. In addition to providing morale rewards, the awards promote benchmark role models for firms and investors.
The awards for each category have been decided by distinguished judges and experts in finance and investment. The 2006 judging panel is: Dr. Maruey Phadoongsidhi, Dr. Panas Simasathien, Mr. Santi Viriyarangsarit, Mr. Seri Chintanaseri, and Ms. Patareeya Benjapolchai.
The advisory group to SET’s Corporate Governance Center (whose members are Prof. Hiran Radeesri, Prof. Kovit Poshyananda, Mr. Singh Tangtatswas, and Mr. Yuth Vorachattarn) were co-opted to the selection committee for the corporate governance awards.
The selection committee, chaired by the H.E. Finance Minister Dr. Thanong Bidaya, Ph.D., chose 62 companies with outstanding performances in 2004/2005 and which met the qualifications for each award category, drawn from the 512 firms on SET, mai, and BEX. The finalists are made up of 46 listed companies, 16 securities, investment management and financial advisory companies.
The main sponsor of the SET Awards 2006 is BMW (Thailand) Ltd.