ASEAN CG Scorecard 2015
23 Thai listed companies sweep ASEAN CG awards
November 14, 2015 – Organized by the ASEAN Capital Markets Forum (ACMF) and hosted by the Philippines Securities and Exchange Commission (SEC), leaders of the region’s leading publicly-listed companies (PLCs), capital markets regulators and governance experts converged in the Philippines to take part in the ASEAN Corporate Governance Awards held in Manila, the Philippines. These awards recognize the efforts of companies that continuously implement good corporate governance in their operations and services. A total of 23 Thai list companies were amongst the top 50 ASEAN companies that achieved the highest ASEAN CG scorecard ranking; followed by 11 companies from the Philippines, eight companies from Singapore, six companies from Malaysia, and two companies from Indonesia. More importantly, two Thai listed companies, namely, PTT Global Chemical Public Company Limited and Samart Corporation Public Company Limited, both have earned the TOP5 ASEAN PLCs Awards. The 2015 results showed that Thai listed companies have continuously ranked amongst the top 50 ASEAN companies for a fourth consecutive year. This reflects the regional leadership role that Thai listed firms have played in applying international corporate governance standards in their operation.
ASEAN CG Scorecard is a program initiated by the ASEAN Capital Markets Forum and sponsored by the Securities and Exchange Commissions of each ASEAN country. The program’s purpose is to evaluate corporate governance standards of listed companies within the six ASEAN countries that include Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Since its inception in 2012, this is the first time that the names of the top 50 listed companies were publicly announced.
|
