The Stock Exchange of Thailand (SET) and Money and Banking Magazine together organized the ceremony to award the SET Awards 2010 to 31 listed firms and the SET Award of Honor, which was given for the first time to five listed firms, i.e., The Bangchak Petroleum PCL (BCP), Kasikorn Bank PCL (KBANK), Kasikorn Securities Co., Ltd (KS), PTT Chemical PCL (PTTCH), and The Siam Cement PCL (SCC).
“The SET and Money and Banking Magazine together organized ‘SET Awards 2010’ at the event ‘SET in the City 2010’ at Royal Paragon Hall, fifth floor of Siam Paragon Department Store, Bangkok. Finance Minister Korn Chatikavanij and SET Chairman Sompol Kiatphaibool together bestowed the awards. SET Awards ceremony was held for the seventh year to honor listed, securities, and asset management companies, including outstanding top executives and firms with outstanding corporate governance, investor relations, and social responsibilities. Moreover, this year is the first year we have had ‘SET Awards of Honor,’ which to honor listed firms which have achieved sustained excellence in the same category over at least three consecutive years,” revealed SET President Charamporn Jotikasthira.
“This is a good opportunity for SET to congratulate those winning the awards and celebrate our 35th anniversary. Awarding these high honors enables us to show our deep appreciation to all in the Thai capital market who have fought together with us through numerous obstacles and cooperated to support our capital market and its economy,” said Mr. Charamporn.
“This year, the committee places particular focus on those who have continually had outstanding performance over three consecutive years, with the SET Awards of Honor.
When a firm or individual receives a SET Award of Honor in a given category, that category becomes open for others to receive SET Awards. This year, 53 companies were nominated for the awards. Of these, 31 firms won 35 SET Awards and 6 SET Awards of Honor,” said SET Award Distinguished Committee Chairman Panas Simasathira.
“The award ceremony and judging were the results of cooperation between many organizations to ensure fairness and transparency. The Distinguished Committee also assigned Tris Corporation Limited to assess the information for the SET Award of Honor and a special committee to consider the award in each particular category, i.e., the Corporate Governance Center, IR Club, and CSR committees of the SET,” said Editor-in-Chief, Money & Banking Magazine Santi Viriyarungsarit.
A total of 35 awards were presented to:
SET Award of Honor:
The Bangchak Petroleum PCL (BCP): for continuous excellence in corporate social responsibility / 2008-2010The Siam Cement PCL (SCC): for continuous excellence in corporate social responsibility / 2008-2010
The Bangchak Petroleum PCL (BCP): for continuous excellence in corporate governance report / 2008-2010
KASIKORNBANK PCL (KBANK): for continuous excellence in corporate governance report / 2008-2010
PTT Chemical PCL (PTTCH): for continuous excellence in corporate governance report / 2008-2010
KASIKORN Securities PCL (KS): for continuous excellence as a securities company / 2008-2010
SET Awards:
Category 1: Awards given to listed companies, top executives, securities companies, and asset management company for their best performance:
- Best Asset Management Company Award: went to TISCO Asset Management Company Limited (TISCOASSET)
- Best Securities Company Awards: categorized by target market group:
- Securities company focusing mainly on institutional investors: Credit Suisse Securities (Thailand) Limited (CS)
- Securities company focusing mainly on retail investors: Asia Plus Securities PCL (ASP)
- Best Performance Awards: categorized by market capitalization as of end- 2009.
The awards went to company with a market capitalization of:- Over THB10 billion: Supalai PCL (SPALI)
- THB10 bln. or less: 1st group: Lanna Resources PCL (LANNA)
- THB10 bln. or less: 2nd group: M.C.S.Steel PCL (MCS)
- THB10 bln. or less: 3rd group: No award was given
- THB10 bln. or less: 4th group: No award was given
- mai-listed company: Thai Plaspac PCL (TPAC)
- Best CEO Awards : categorized by market :
- CEO of SET-listed company: Mr. Korsak Chairasmisak, Chief Executive Officer, CP All PCL (CPALL)
- CEO of mai-listed company: Mr. Yothin Nerngchamnong, Chief Executive Director, Thai Plaspac PCL (TPAC)
Category 2:
Awards given to companies having excellent corporate governance report, corporate social responsibility, and investor relations:
- IR Excellence Awards: given to listed companies with outstanding operation in investor relations, considered by IR activities of listed companies and investors'satisfaction. The awards went to companies with a market capitalization of:
- Over THB10 billion: KASIKORNBANK PCL (KBANK)
- THB10 bln. or less: 1st group: The Erawan Group PCL (ERAWAN)
- THB10 bln. or less: 2nd group: Prinsiri PCL (PRIN)
- THB10 bln. or less: 3rd group: Seafco PCL (SEAFCO)
- THB10 bln. or less: 4th group: No award was given
- mai-listed company: Demco PCL (DEMCO)
- Corporate Social Responsibility Awards: given to listed companies with outstanding corporate social responsibility and environment, considered by its policies and information on the company's operation that benefits stakeholders and other related parties. The awards went to companies with a market capitalization of:
- Over THB10 billion: Electricity Generating PCL (EGCO)
- THB10 bln. or less: 1st group: SE-EDUCATION PCL (SE-ED)
- THB10 bln. or less: 2nd group: United Palm Oil Industry PCL (UPOIC)
- THB10 bln. or less: 3rd group: No award was given
- THB10 bln. or less: 4th group: No award was given
- mai-listed company: CM Organizer PCL (CMO)
- Top Corporate Governance Report Awards: went to listed companies with exceptional corporate governance practices report:
- SET-listed companies:- Kiatnakin Bank PCL (KK)
- Krung Thai Bank PCL (KTB)
- PTT PCL (PTT)
- Ratchaburi Electricity Generating Holding PCL (RATCH)
- Somboon Advance Technology PCL (SAT)
- The Siam Commercial Bank PCL (SCB)
- SE-EDUCATION PCL (SE-ED)
- SNC Former PCL (SNC)
- Tipco Foods (Thailand) PCL (TIPCO)
- Thai Oil PCL (TOP)
- mai-listed company: Lighting & Equipment PCL (L&E)
To view the SET Awards 2010 (recorded), please see Money Channel or www.moneychannel.co.th on November 27, 2010 at 09:00-11:00 hrs. For more information on SET Awards, please visit www.set.or.th
