Awards and Accolades
Good corporate governance practices have always been a cornerstone of the Group. We believe responsible business practices is the key to sustainable growth, especially in an emerging market like Myanmar. The several awards and accolades won by the Group reinforce its continuous commitment to transparency and the efforts that the Board of Directors, management and staff have put in place to adhere to the strict policies and practices of good corporate governance.
Awards and accolades won
Governance & Transparency Index
Ranked 24th out of 577 SGX-listed companies in the SGTI 2020
At Yoma Strategic, we take pride in upholding high level of governance and transparency as part of our commitment to remain accountable and engaged with all stakeholders. We are pleased to share that we have been ranked in the top 5% of the Singapore Governance and Transparency Index (“SGTI”) for the fourth consecutive year, ranking 24th out of 577 Singapore-listed companies in the SGTI 2020.
“Corporate governance is the backbone of a responsible business. In these challenging times, amidst the pandemic, we believe transparent business practices remain the key to sustainable growth especially in an emerging market like Myanmar. Proactively communicating with our partners and investors, and ensuring the safety and well-being of our employees and customers are just a few of the ways we have gained trust as an organisation. It’s a commitment we aim to keep for the long-term.” Melvyn Pun, CEO, Yoma Strategic
The SGTI assessed a total of 577 Singapore-listed companies and 45 REITS and business trusts on their corporate governance disclosure and practices, as well as the timeliness, accessibility and transparency of their financial results announcements. It is published annually by CPA Australia, NUS Business School’s Centre for Governance, Institutions and Organisations and Singapore Institute of Directors.
For more information, please refer to Singapore Governance and Transparency Index 2020.
ASEAN Corporate Governance Scorecard
Ranked 26th among 100 largest SGX-listed companies in 2017
The ASEAN Corporate Governance Scorecard a joint initiative of the ASEAN Capital Markets Forum and the Asian Development Bank that examines corporate governance performance of the top 100 public listed companies in six ASEAN countries, namely Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
Singapore Corporate Awards
Best Managed Board Award (Gold) under the S$300 million to S$1 billion market cap category in 2016
The Singapore Corporate Awards represents Singapore’s highest accolade in corporate governance, and is co-organised by the Institute of Singapore Chartered Accountants (“ISCA”), the Singapore Institute of Directors (“SID”) and The Business Times, supported by the Accounting and the Corporate Regulatory Authority (“ACRA”) and SGX. The Group won Best Managed Board Award (Silver) under the S$300 million to S$1 billion market cap category in 2015.
Best Developer Award
“Best Developer” award and “Best Landscape Architecture” award at the inaugural Myanmar Property Awards in 2015
Yoma Strategic won “Best Developer” award at the inaugural Myanmar Property Awards held in Myanmar in 2015. The Company’s flagship project “Star City Thanlyin” also won the “Best Landscape Architecture” award and was also shortlisted for the “Best Interior” and “Best Residential”. “Galaxy Towers” at Star City Thanlyin received a “Highly Commended” certificate for the residential category.
These Awards are part of the decade-old Asia Property Awards organised by Ensign Media, which is also the publisher of Asia’s leading real estate publication Property Report magazine. The award ceremony was the result of a six-month nomination process and comprehensive site visits conducted by an independent panel of judges.
SIAS Investors’ Choice Awards
Ranked the Most Transparent Company in Construction & Materials category in 2015
The annual SIAS Investors’ Choice Awards honours and recognises public listed companies that have demonstrated exemplary corporate governance and transparency practices throughout the year. It is supported by the SGX and endorsed by Institute of Singapore Chartered Accountants, CFA Singapore, Investment Management Association of Singapore, Securities Associations of Singapore, The Straits Times, The Business Times, Today and Lianhe Zaobao.