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Date/Time
01 Apr 2022 09:49:00
Headline
SET News :SET heralds 694 listed companies initially qualified for SET Awards 2022
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SET
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SET
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                                                                  SET News 23/2022
                                                       April 1, 2022

SET heralds 694 listed companies initially qualified for SET Awards 2022
                  
BANGKOK, April 1, 2022 - The Stock Exchange of Thailand (SET) together with 
Money & Banking magazine announced 694 listed companies qualified for SET Awards
2022 in the preliminary round before selection, winner announcement and  award
presentation ceremony will be taken place in November 2022. SET Awards this year
will feature a series of new awards namely Best REIT Performance Award,
ESG-related awards under the Best Asset Management Awards' type, and new group
of awards for the Sustainability Excellence category.
        
SET President Pakorn Peetathawatchai said that SET Awards ceremony has been 
organized for 19 consecutive years to honor prominent listed companies that are
capital market's role models with excellence in both business operation and
quality; support the Thai capital market potential development; drive
sustainable growth and provide benefits for all sectors. This is in line with
SET's vision 'To Make the Capital Market Work for Everyone'.

 "Notably, more prestigious awards will be added this year to the Business 
Excellence category namely Best REIT Performance Award to promote the
development of real estate investment trusts (REITs) which is an important tool
for fundraising of Thai businesses, and ESG-related aspects will be encompassed
Best Asset Management Awards' type for asset management companies that
prioritize responsible investment by taking into consideration the
environmental, social and governance (ESG) practices. At the same time, the
'good' level of the Commended Sustainability Awards will be added to the
Sustainability Excellence category, on top of the Best Sustainability Awards and
the Highly Commended Sustainability Awards due to the fact that increasingly
more listed companies conduct sustainability assessment every year and they are
determined to upgrade their implementation of sustainability development," added
 Pakorn.

Money & Banking magazine Editor-In-chief Santi Viriyarungsarit, as a co-founder,
co-organizer and honorable judge, said that SET Awards presentation has been
well-recognized and well-received continuously. Realized the importance of
sustainability development which is prioritized globally, the working committee
comprising top-notch professionals in 2022 adjusts the award criteria by taking
ESG issues into consideration. For example, ESG scores will be used as part of
the selection of the Best Investor Relations Awards, while adding ESG-related
awards for asset management companies.

SET Awards can be grouped into 2 categories: 1) Business Excellence category to 
be presented to listed companies, securities companies, asset management
companies, financial advisory companies and REITs; and 2) Sustainability
Excellence category to be presented to listed companies that are outstanding in
operating business in accordance with sustainability development principles.
Both awards categories' assessment results will be processed by Sasin School of
Management of Chulalongkorn University.

Moreover, listed companies or individuals who have retained their excellence 
recognized by being granted the best award type under the Business Excellence or
the Sustainability Excellence categories for three consecutive years or more
will also be presented the SET Awards of Honor which marks the crest of success.

For more information about the SET Awards 2022 criteria, and list of listed 
companies that passed the initial qualifications screening, please visit
www.set.or.th/setawards. For more details about Business Excellence awards
category, please call 0 2009 9768 (Issuer Department), and Sustainability
Excellence awards category, please call 0 2009 9889 (Sustainable Development
Department).

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