Winners at SC Awards 2008

Market Capitalisation of $500m or more

Gold	Singapore Exchange Ltd
Silver	CapitaLand Ltd
Bronze	Singapore Petroleum Company Ltd
Bronze	SMRT Corporation Ltd

Market Capitalisation of less than $500m

Merit

Qian Hu Corporation Ltd

Objectives

To focus Boards' attention on accountability, performance and good management practices
To provide a multi-perspective view of Board effectiveness
To ratchet up benchmarks by bringing the best out of Board practices in Singapore

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

For each category, there will be a winner and two runners-up.

Directorial practices going beyond the “must dos”.

Quality of corporate governance as reflected in Board practices
Assessment of Boards’ effectiveness by directors and key executives
Board composition and accountability: independence, skill-mix, working relationships, commitment
Board functioning: Principles and processes, information management, structures and meetings
Performance orientation: Executive performance management, directors’ performance, strategic guidance, performance-linked executive compensation of Directors and Senior Executives
Managing company leadership: Access to management, balance of power, succession planning
Directors’ development and recognition: Orientation, on-going development, rewards
Corporate transparency and governance disclosure: Financial disclosures content & context, SGX disciplinary actions, governance compliance and reasons for non-compliance

Invitation to all listed companies and calls for nomination by others
Pre-qualify participants based on publicly available information
Questionnaire for completion by all executive and non-executive directors / collect data on directorial practices from company secretaries/ review SGX filings on governance issues
Where appropriate, on-site review of information and discussions
Shortlist a number of finalists for Judging Panel
Interview with Judging Panel