SIAS Investors’ Choice Awards 2024 Presentation Ceremony
17 September 2024 | Tuesday | 7.00pm – 10.00pm
The Ritz-Carlton, Millenia Singapore | Grand Ballroom, Level 1
Guest of Honour
President Tharman Shanmugaratnam
The Investors’ Choice Awards (ICA) recognises excellence in companies and individuals adopting the best ESG & corporate governance practices. ESG plays a vital role in a company’s sustainability, thus supporting investment decisions, specifically for retail investors. In trusting companies’ Boards and the Management, whilst investors plough their monies into these companies hoping for their desired returns, they are also increasingly interested to know what ESG risks companies are exposed to, how they plan to manage these risks, and how they are meeting their sustainability targets. SIAS, together with NUS-CGS and its industry partners, has developed a scorecard and methodology to focus on sustainability, governance, transparency and communications for the benefit of investors.
This year, there will only be Winner titles accorded to all the Award Recipients. This is to recognise individuals and companies which have excelled beyond performance benchmarks and to encourage others to achieve this standard.
SIAS also recognises the various stakeholders who facilitate investing in Singapore by driving good governance and education in the Outstanding CEO Award, Best Retail Broker Award and Financial Journalist of the Year Award.
of Investors’ Choice
Awards 2023
Winners’ list 2024
Singapore Corporate Governance Award
Big Cap
Mid Cap
Small Cap
REITs & Business Trusts
Diversity
Singapore Corporate Sustainability Award
Big Cap
Mid Cap
Small Cap
REITs & Business Trusts
Investors' Choice Outstanding CEO Award
Kerry Mok
Lim Ah Cheng
Lim Hock Chee
Wee Ee Cheong
Shareholder Communications Excellence Award
Big Cap
Mid Cap
Small Cap
REITs & Business Trusts
Financial Journalist Award
Joyce Lim
Senior Correspondent, The Straits Times
Financial Story of The Year
Samantha Chiew
Associate Editor, The Edge Singapore
Financial Journalist of The Year
Tan Chee Yun
Business Correspondent, Lianhe Zaobao
Financial Journalist of The Year
Chor Khieng Yuit
Senior Business Correspondent, The Straits Times
Investor Education Journalist of The Year
Megan Cheah
Journalist, The Business Times
Most Promising Journalist of the Year
The Edge Singapore Team
The Edge Singapore
Financial Story of The Year
Chua Tian Tian
Finance Presenter, MoneyFM 89.3
Most Promising Journalist of the Year
Dr Wealth
BigFatPurse Pte Ltd
Investment Blog of the Year
Hu Yuan Wen
Associate Business Editor, Lianhe Zaobao
Special Award
Jake Ho
Senior Producer, Money Mind, CNA
Special Award
Best Retail Broker Award
Most Transparent Company Award
Communications
Consumer Discretionary
Consumer Staples
Energy
Financials
Healthcare
Industrials
Materials
Real Estate
Technology
Utilities
To encourage financial journalists to uplift their reporting standards and provide financial information that is beneficial to the investing community at large.
Judging of entries is based on news value, originality, reportorial quality, analytical value, and impact on the financial community and retail investors at large.
This award is open to career journalists only. Journalists from the local media, both print and broadcast, are eligible.
Financial Journalist of the Year Award
Based on newsworthy contributions that made substantial impact on the investing community for the period under review, he/she must be a well-rounded journalist with the ability not only to break significant stories but is also able to write commentaries that take a clear position and provide insights for investors.
Investor Education Award
Focusing on education and the impact on the investing community, the journalist/programme must have displayed sound knowledge of the investment principles and the instruments discussed, produced and/or written consistently over a minimum period of at least six (6) months.
Financial Story of the Year Award
Candidates under this category are judged on either one story or a series of stories based on one topic that made an impact on the financial community.
Most Promising Journalist of the Year Award
To qualify for this award, a candidate must be a financial journalist for not more than three years and under the age of 30.
Investment Blog of the Year Award
To award investment websites & blogs that provides information and insights about investing, platform for readers to learn about different investment options, strategies, and financial news that can impact investment decisions.
Educational Content
Must cover a wide range of topics, not only products (features and risks), promoting the importance of financial planning including retirement planning and how impactful it is on the investing community
Target Audience
Articles must benefit a wide range of audiences
Consistency
Demonstrate on-going interest, variety and standard
Feedback
Must be strongly supported by the readers, listeners or viewers
Track Record
Minimum 3 years track record in the community investor education domain
Chairperson
Ms Elaine Lim
Honorary Advisor,
SIAS
Co-Chairperson
Ms Catherine Ong
Honorary Secretary, SIAS and
Private Investor
Mr Andrew Cheng
Mr Sivanithy s/o Rathananthan
Mr TK Yap, CFA
Consultant
Mr Christopher Cheong
Ms Chia Hui Kheng
Ms Ang Shih-Huei
Ms Karin Lai
Ms Patsy Phay
Ms Foo Yiting
SIAS, in collaboration with Singapore Management University has developed a set of criteria for the effective evaluation of brokerage firms in Singapore.
Brokers are shortlisted through the following processes:
Selection Committee Members meet to decide the winners based on the results.
Based on both qualitative and quantitative research, results are tabulated and scored. Brokerage firms are also asked to submit a writeup on their initiatives.
Selection Committee Members meet to decide the winners based on the results.
Mr Ang Hao Yao
Honorary Secretary, SIAS and
Private Investor
Committee Members
Mr David Kuo
Co-Founder, The Smart Investor &
former CEO of the Motley Fool Singapore
Prof David Ding
Professor of Finance and Associate Head, School of Economics and Finance , Massey University, Auckland, New Zealand
Mr Christopher Cheong
Mr Terence Wong
Mr Richard Dyason
Most Transparent Company Award
To recognise public listed companies which are transparent in their timely disclosure of information, and facilitate shareholders’ rights and equitable treatment. Investors can, therefore, make informed investment decisions.
2024
- Communications
- Consumer Discretionary
- Consumer Staples
- Energy
- Financials
- Healthcare
- Industrials
- Materials
- Real Estate
- Technology
- Utilities
SIAS, together with NUS School of Business, Centre for Governance and Sustainability (CGS), assesses all the SGX listed companies based on their Transparency and Disclosure. This is part of the STARS framework developed for the Corporate Governance scorecard. In addition, LSEG Stock Reports+ scores are added to tabulate the total score. Handshakes also provides insights and data on the shortlisted companies as part of due diligence checking.
All SGX listed companies are evaluated and shortlisted based on their Transparency and Disclosure.
Indicators in STARS Framework – ‘Transparency and Disclosure’ Section takes into consideration Quality of Annual Report, Disclosure of Interested Person Transactions (IPT), Directorships in Listed Companies, Timeliness of Release of Results, Executive Director/Top 5 Executives’ Remunerations, Non-Executive Director Fees, and Corporate Website.
LSEG Stock Reports+ scores, which combine the analysis of five widely used investment decision making tools: Earnings, Fundamental, Relative Valuation, Risk and Price Momentum, are adopted as a screener for the shortlisted companies. Refinitiv Stock Reports+ scores are added to tabulate the total score and Handshakes provides further research and information on the companies.
The MTCA Selection Committee Members, comprising industry partners and media, meet to decide the winners based on the quantitative and qualitative inputs.
TK Yap, CFA
Consultant
Director,
Centre for Governance and Sustainability, NUS Business School
National University of Singapore
Committee Members
Mr David Gerald
Mr Leslie Yee
Senior Correspondent,
The Business Times
Mr David Bottomley
CNA Digital
Ms Hu Yuanwen
Mr Vikram Khanna
Ms Carmen Wee
Ms Bernice Tan
Ms Melinda Sam
Mr Christopher Cheong
Ms Goola Warden
Mr Choo Eng Beng
Mr Tay Woon Teck
Ms Sam Hui Min Lisa
Mr Ang Hao Yao
and Private Investor
Shareholder Communications Excellence Award
To encourage companies to adopt high levels of investor-relation practices so as to engage shareholders in a more frequent and timely way. This will in term turn help shareholders and the investing community to understand the company and make an informed decision.
2024
• Big Cap (market capitalisation of $1 billion and above)
• Mid Cap (market capitalisation of $300 million to less than $1 billion)
• Small Cap (market capitalisation of less than $300 million)
• REITs & Business Trusts
The Shareholder Communications Excellence Award criteria:
- Policy and Structure
- Disclosure and Practices
- Communication and Outreach
- Following and Coverage
The company’s communication activities such as Investors Day, dialogue sessions and briefings are included as part of the overall score.
Honorary Advisor,
SIAS
Mr Sivanithy Rathananthan
Senior Editor & Trainer, SIAS
Mr Harold Woo
Mr Kyo Tan
Mr Leslie Yee
Mr Chew Boon Leong
Mr David Bottomley
CNA Digital
Ms Goola Warden
Mr Vikram Khanna
Mr Lai Kwok Kin
Knowledge Partner
Singapore Corporate Sustainability Award
To assess all listed companies in Singapore holistically with a robust look at the overall environmental (E), social (S) and governance (G) aspects of sustainability disclosures and reporting.
• Big Cap (market capitalisation of $1 billion and above)
• Mid Cap (market capitalisation of $300 million to less than $1 billion)
• Small Cap (market capitalisation of less than $300 million)
• REITs and Business Trusts
SIAS, together with Centre for Governance and Sustainability (CGS), NUS Business School, has developed a robust selection process to recognise listed companies that have demonstrated good overall ESG sustainability disclosures and reporting. LSEG Stock Reports Plus scores are added to tabulate the total score. Handshakes also provide insights and data on the shortlisted companies as part of due diligence checking.
Strategy and Governance
Targets and Metrics
Environment and Climate
Materiality and Stakeholders
Social and Organisation
LSEG Stock Reports+ scores, comprising earnings, fundamentals, relative valuation, risk, and price momentum, are used as a screener for the shortlisted companies.
Vice President, SIAS and
CEO (Asia Pacific), Black Sun
Co-Chairman
Mr David Gerald
Director,
Centre for Governance and Sustainability, NUS Business School
National University of Singapore
Ms Lee Sze Yeng
Managing Partner,
KPMG
Mr Kyo Tan
Associate Director,
Investment Management Association of Singapore
(IMAS)
Mr David Smith
Mr Simon Ong
Co-Founder,
Global ESG Monitor
Ms Chen Huifen
Mr Vikram Khanna
Mr David Bottomley
CNA Digital
Ms Goola Warden
Ms Hu Yuanwen
To award CEOs of public listed companies who have demonstrated high levels of competence, integrity,
excellent communications and good corporate governance. Through outstanding leadership, these CEOs lead their
respective companies in achieving good financial results and breakthroughs in business which benefit shareholders.
• Shareholder Return
• Share Price
• Governance & Transparency
• Integrity
• Communication Skills
• Resilience – Able to turn the company around amid corporate distress
This year, for the first time, CEOs are nominated by SIAS members and investors by evaluation based on the selection criteria via an online survey. The ICOCA Selection Committee Members, comprising industry partners, then meet to review the list of nominees and decide the winners by combining both quantitative and qualitative inputs.
Founder, President & CEO,
SIAS
Mr Boon Swan Foo
Chairman,
Non-Executive, Non-independent Director,
Global Investments Limited
Ms Goola Warden
Ms Chen Huifen
Mr Steven Gwynn Jones
Ms Poon Chian Hui
Ms Hu Yuanwen
CEO,
Azure Capital
Mr David Kuo
Co-Founder, The Smart Investor &
former CEO of the Motley Fool Singapore
Mr Robson Lee
Singapore Corporate Governance Award
To encourage public listed companies to be accountable to shareholders by adopting higher levels of corporate governance and corporate sustainability performance while achieving good business and financial results.
2024
• Big Cap (market capitalisation of $1 billion and above)
• Mid Cap (market capitalisation of $300 million to less than $1 billion)
• Small Cap (market capitalisation of less than $300 million)
• REITs and Business Trusts
• Diversity
Selection Process
SIAS, together with Centre for Governance and Sustainability (CGS), NUS Business School, has developed a robust selection process to recognise listed companies that have good corporate governance and sustainability practices which promote shareholder interests. LSEG Stock Reports Plus scores are added to tabulate the total score. Handshakes also provide insights and data on the shortlisted companies as part of due diligence checking.
Shareholders’ rights and equitable treatment
Transparency and disclosure
Accountability and audit
Responsibilities of the board
Stakeholders’ roles
Scope & Statement
Material ESG Factors
Actions & Achievements
Reporting Framework
Targets
Using LSEG Stock Reports+ scores, comprising analyst ratings of earnings, fundamentals, relative valuations, risks, price momentum and insider trading, as a screener for the shortlisted companies.
Founder, President & CEO,
SIAS
Advisor
Prof Lawrence Loh
Mr Benjamin Paul
Mr David Bottomley
Ms Shen Yue
Mr Kyo Tan
Ms Bernice Tan
Mr Jaime Ho
Mr Steven Lam
Mr Choo Eng Beng
Ms Melinda Sam
Mr Tay Woon Teck
Mr Ang Hao Yao
and Private Investor
Ms Goola Warden