Winners at SC Awards 2008
Market Capitalisation of $500m or more
| Gold | Singapore Exchange Ltd |
| Silver | StarHub Ltd |
| Bronze | Singapore Post Ltd |
Market Capitalisation of less than $500m
| Gold | Aztech Systems Ltd |
| Silver | BH Global Marine Ltd |
| Bronze | Sincere Watch Ltd |
CATALIST (formerly known as SESDAQ)
| Silver | OKP Holdings Ltd |
| Bronze | China Enersave Ltd |
| Bronze | Thomson Medical Center Ltd |
Newly Listed Company
| Merit | Rickmers Maritime Ltd |
Objectives
- To recognise companies who embody the spirit of corporate governance and corporate transparency; and, hence, adopt and implement best practices in Investor Relations
- The winners of the Best Investor Relations Award are exemplary role models in Investor Relations practices who often go beyond the mandatory regulatory requirements in quality of disclosure, corporate transparency and fairness in disclosure
Categories of Awards
Awards will be presented for the following categories of companies:
- Main Board listed companies with market capitalisation of S$500 million and above
- Main Board listed companies with market capitalisation below S$500 million
- Catalist listed companies
Judging Process
All listed companies will be assessed and screened, using the Business Times’ Corporate Transparency Index, Singapore Corporate Governance Award and Companies’ IR communication channels.
Judges will review shortlisted companies from their key corporate governance policies and structure, structure of IR function, quality of corporate disclosures and key IR tactics and tools employed.
A Judging Panel will review and evaluate the nominations and decide on the winners. While the objective is to identify one winner in each category, the Judging Panel may, at its discretion, decide to confer up to two additional merit winners in each category, to be called Best Investor Relations – Merit Award.
Criteria
The key criteria of selection is based on the following key principles embodied in the companies Investor Relations practices and execution
- Frequency of disclosure
- Timeliness of disclosure
- Quality of disclosure
- Fairness in disclosure to stakeholders
Corporate Governance Policies and Structure
In addition, the Judging Panel would examine the extent to which a company's corporate governance policies, structures and practices serve the interests of all shareholders
Corporate Governance Policies
- Best Practices
- Risk Management
Board Structure and Process
- Board Size/Committees
- % of Independence
- Chairman/CEO Separation
- Disclosure of Board and Board Committee Attendance
- Independence of Board Committees
- Expertise on Audit Committee
- Disclosure of Compensation of Directors and Senior Management
- Disclosure on Risk Management and Internal Controls
Quality of Disclosure in Annual Report
- Operating and Financial Review Disclosures
Other Factors
- Handling of News Items/Announcements for Companies (eg. privatization of subsidiaries, capital reduction, succession)
- Other Investor Relations accolades won by Company
NB: The Judging Panel may consider special developments such as M&A, proxy fights, secondary fundraising, etc that took place during the year in addition to the consistency of Investor Relations practices.
