Del Monte Pacific Ltd. (DMPL) - listed on both the Singapore Exchange (SGX) and the Philippine Stock Exchange (PSE) - is honored to receive the Best Managed Board (Gold) Award for companies with market capitalization between S$300 million to less than S$1 billion at the prestigious Singapore Corporate Awards (SCA) held last July 8, 2015 in Singapore.
The SCA aims to honor the SGX-listed companies and individuals who have helped raise Singapore's corporate disclosure standards and corporate governance, as well as those who have helped effectively implement and promote the same standards within their companies.
The SCA consolidates five of Singapore's key awards to recognize excellence in Corporate Governance. These five awards include Best Managed Board, Best Chief Executive Officer, Best Chief Finance Officer, Best Investor Relations and Best Annual Report. The Awards are organized by the Institute of Singapore Chartered Accountants, the Singapore Exchange Ltd., the Singapore Institute of Directors, the Securities Investors Association (Singapore), the Investment Management Association of Singapore and the Business Times.
The Best Managed Board Award recognizes enhanced corporate governance within DMPL and its heightened focus on people management at the board level. Prior to this year's win, the company also won the same award in 2010.
Among nearly 800 companies listed in Singapore, and since the SCA began in 2006, DMPL is one of the only three companies to have won the Golds for the Best Managed Board Award, and is the one of only 11 companies to have received at least four distinct awards.
Best Managed Board - Gold (2010, 2015)
Best Chief Financial Officer - Gold (2010)
Best Investor Relations - Gold (2011), Bronze (2014)
Best Annual Report - Bronze (2010, 2012, 2014), Silver (2013)
The recognition continues to strengthen Del Monte Pacific's commitment towards greater transparency and corporate governance.