Thai Oil awarded for commitment to sustainability
BANGKOK, June 11, 2012 /PRNewswire-Asia/ -- Today, Alpha Southeast Asia revealed the results of their second annual poll to find Southeast Asia's top companies. The awards are based on tallied votes among 460 investors, pension funds, hedge funds, equity and fixed income brokers and analysts with investment interests in the Southeast Asia region. Companies in each country were ranked on their financial management, adherence to corporate governance, CSR and investor relations' strategy, transparency and disclosure.
In Thailand, seven companies most favourably regarded among investors include stock exchange market mover PTT Plc., industrial giant Siam Cement Group, fast growing beverage giant Thai Bev, telecoms provider Total Access Communication, energy giants Ratchaburi and Thai Oil as well as globally renowned national airline Thai Airways.
Siam Cement Group's CFO, Chaovalit Ekabut was venerated as the Best CFO in Thailand.
Across the region, the award for Best CFO in Southeast Asia went to Jeann Low, CFO at SingTel. The award for the Best Annual Report in Southeast Asia went to Keppel Corp while the award for the Strongest Commitment to Sustainable Energy in Southeast Asia went to Thai Oil.
A key distinguishing feature of the poll is that it not only names investor favourites, but adventurously publishes names of companies that are perceived to have "Poor Management Access & IR" by this same group of investors. In Thailand, Central Group, Padaeng Industry and Quality Houses were noted for their poor and unpredictable investor relations' strategy.
Results for Thailand are as follows (listed in alphabetical order):
Most organized investor relations (IR): PTT, SCG, Thai Beverage
Best Senior Management IR Support: Total Access Communication, Ratchaburi Electricity Generating Holding, PTT
Strongest Adherence to Corporate Governance: PTT, SCG, Thai Oil
Most Consistent Dividend Policy: Total Access Communication, PTT, SCG
Best Strategic CSR: PTT, SCG, Thai Oil
Most Improved IR: Thai Airways
Best CFO in Thailand: Chaovalit Ekabut, CFO, SCG
Best Annual Report in Thailand: Thai Beverage
Notes to Editors
Alpha Southeast Asia Magazine:
Now in its sixth year of publication, Alpha Southeast Asia, published 10 times a year - is the first and only institutional investment magazine focused on Southeast Asia's banking and capital markets, written for professional investors and corporates. Please visit our website: http://www.alphasoutheastasia.com for details.
