SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
Since the inception of the Singapore Corporate Governance Awards (SCGA), the winners
have been chosen through a two-stage process. In the first stage, the corporate
governance practices disclosed in the annual reports of companies are assessed against a
scorecard which contains 114 questions. Each question carries one point, with the
exception of the question on CEO-chairman separation, which carries a maximum of two
points. Hence a company can score a maximum of 115 points in the first stage. It should
be emphasised that companies are given points only for unambiguous disclosures.
The scores are generally unweighted (although for some items, such as proportion of IDs,
more points are given for higher standards), and they reflect what companies have
disclosed in their annual report and therefore largely capture corporate governance
disclosures as opposed to actual corporate governance practices. The committee views
adequate disclosure of corporate governance structures and practices to be important
from the investors' perspective, but recognises that disclosure is only a necessary but not
a sufficient condition for high corporate governance standards.
The scores are used solely for the purpose of shortlisting companies for consideration by
the judging panel in the second stage, which involves a deeper assessment of key items
such as tenure of independent directors, interlocking directorships, multiple directorships,
expertise of audit committee and remuneration policies. The committee discusses each
shortlisted company and chooses winners based on inputs from members who come from
the 10 supporting organisations, with each organisation having one vote.
This year, the committee decided to publish the scores by bands to enable companies to
determine their standing among other listed companies in terms of their corporate
governance disclosures.
(The SCGA scorecard can be downloaded from www.cgfrc.nus.edu.sg or www.sias.org.sg)
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
ACE DYNAMICS LIMITED
COMFORTDELGRO CORPORATION LTD
COURTS SINGAPORE LIMITED
CSE GLOBAL LTD
DATACRAFT ASIA LTD
FRASER AND NEAVE, LIMITED
GREAT EASTERN HLDGS LTD
HONG LEONG ASIA LTD.
HONG LEONG FINANCE LIMITED
HONGGUO INTL HOLDINGS LIMITED
IFS CAPITAL LIMITED
JADASON ENTERPRISES LTD
JUKEN TECHNOLOGY LIMITED
KEPPEL CORPORATION LIMITED
KEPPEL LAND LIMITED
KEPPEL TELE & TRAN
MAGNECOMP INTERNATIONAL LTD
MIDSOUTH HOLDINGS LTD
MOBILEONE LTD
OVERSEA-CHINESE BANKING CORP
QIAN HU CORPORATION LIMITED
ROWSLEY LTD.
SINGAPORE AIRPORT TRML SVCSLTD
SINGAPORE EXCHANGE LIMITED
SINGAPORE LAND LIMITED
SINGAPORE PETROLEUM CO LTD
SINGAPORE POST LIMITED
SINGAPORE PRESS HLDGS LTD
SINGAPORE REINSURANCE COR LTD
SINGTEL
SINO-ENVIRONMENT TECH GRP LTD
SINOPIPE HOLDINGS LIMITED
SM SUMMIT HOLDINGS LTD
SMRT CORPORATION LTD
STAR PHARMACEUTICAL LIMITED
STRAITS TRADING CO. LTD
SUPERIOR MULTI-PACKAGING LTD
TREK 2000 INT'L LTD
TUAN SING HOLDINGS LIMITED
UNITED ENGINEERS LTD ORD
UNITED INDUSTRIAL CORP LTD
UOL GROUP LIMITED
WBL CORPORATION LIMITED
WHEELOCK PROPERTIES (S) LTD
AMTEK ENGINEERING LTD
ASIA PACIFIC BREWERIES LTD
ASL MARINE HOLDINGS LTD
ASTI HOLDINGS LIMITED
AURIC PACIFIC GROUP LIMITED
FY END
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
30-Sep-06
30-Sep-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Mar-07
30-Jun-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Aug-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Sep-06
31-Mar-07
30-Jun-06
30-Sep-06
30-Jun-06
31-Dec-06
31-Dec-06
BAND
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
AZTECH SYSTEMS LTD
BERGER INTERNATIONAL LIMITED
BH GLOBAL MARINE LIMITED
CEREBOS PACIFIC LIMITED
CHINA LIFESTYLE F&B GROUP LTD
CHINA MILK PRODUCTS GROUP LTD
CHIP ENG SENG CORPORATION LTD
CITY DEVELOPMENTS LIMITED
CWT LIMITED
DEVOTION ENERGY GROUP LIMITED
EAGLE BRAND HOLDINGS LTD
EUCON HOLDING LIMITED
FU YU CORPORATION LTD
GUL TECHNOLOGIES SINGAPORE LTD
HAW PAR CORP LTD
HLG ENTERPRISE LIMITED
HOTEL PLAZA LTD
HTL INT'L HOLDINGS LIMITED
INNOVALUES LIMITED
INTRACO LIMITED
JASPER INVESTMENTS LIMITED
JISHAN HOLDINGS LIMITED
JURONG TECH IND CORP LTD
KIAN ANN ENGINEERING LTD
KXD DIGITAL ENTERTAINMENT LTD
MEIBAN GROUP LTD
NOBLE GROUP LIMITED
PAN-UNITED CORPORATION LTD
PARKWAY HLDGS LTD
PCA TECHNOLOGY LIMITED
PHARMESIS INTERNATIONAL LTD.
PINE AGRITECH LIMITED
PLASTOFORM HOLDINGS LIMITED
SBS TRANSIT LTD
SINCEREWATCH LIMITED
SKY CHINA PETROLEUM SVCS LTD.
SOILBUILD GROUP HOLDINGS LTD
SP CHEMICALS LTD
STARHUB LTD
SUPER COFFEEMIX MANUFACTURING
SUPERBOWL HOLDINGS LIMITED
SURFACE MOUNT TECH (HLDGS) LTD
THAKRAL CORPORATION LTD
UMS HOLDINGS LIMITED
UNISTEEL TECHNOLOGY LTD
UNITED FOOD HOLDINGS LIMITED
VICOM LTD
YOMA STRATEGIC HOLDINGS LTD
ADROIT INNOVATIONS LIMITED
FY END
31-Dec-06
31-Dec-06
31-Dec-06
30-Sep-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
28-Feb-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
BAND
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
AEI CORPORATION LTD
ASIA DEKOR HOLDINGS LIMITED
BANYAN TREE HOLDINGS LIMITED
CDW HOLDING LIMITED
CHINA PAPER HOLDINGS LIMITED
CHINA PRINTG & DYEING HLDG LTD
CHINA SKY CHEM FIBRE CO., LTD.
CHINA WHEEL HOLDINGS LTD.
CHOSEN HOLDINGS LIMITED
CHUAN HUP HOLDINGS LIMITED
DATAPULSE TECHNOLOGY LIMITED
DMX TECHNOLOGIES GROUP LTD
EASTERN ASIA TECHNOLOGY LTD
ENVIRO-HUB HOLDINGS LTD
EZRA HOLDINGS LIMITED
FABCHEM CHINA LIMITED
FULL APEX (HOLDINGS) LIMITED
G. K. GOH HOLDINGS LIMITED
GP BATTERIES INT LTD
GP INDUSTRIES LIMITED
GUANGZHAO IND FOREST BIOGRPLTD
HOE LEONG CORPORATION LTD.
HUAN HSIN HOLDINGS LTD
HWA HONG CORPORATION LIMITED
IDT HOLDINGS (SINGAPORE) LTD
ISETAN (SINGAPORE) LTD
KIM ENG HOLDINGS LIMITED
KING WAN CORPORATION LIMITED
KING'S SAFETYWEAR LIMITED
LEE METAL GROUP LTD
LUZHOU BIO-CHEM TECHNOLOGY LTD
MEMORY DEVICES LIMITED
MFS TECHNOLOGY LTD
MULTI-CHEM LIMITED
OCEAN SKY INTERNATIONAL LTD
OUHUA ENERGY HOLDINGS LIMITED
PACIFIC ANDES (HOLDINGS) LTD
PACIFIC CENTURY REGIONAL DEVTS
PENGUIN BOAT INT LTD
POPULAR HOLDINGS LIMITED
QAF LTD
SC GLOBAL DEVELOPMENTS LTD
SIA ENGINEERING CO LTD
SING LUN HOLDINGS LIMITED
SINGAPORE FOOD INDUSTRIES LTD
SMB UNITED LIMITED
SSH CORPORATION LTD.
STRAITS ASIA RESOURCES LIMITED
SWING MEDIA TECHNOLOGY GRP LTD
FY END
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
30-Jun-06
31-Jul-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Aug-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Mar-07
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Sep-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
30-Apr-07
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-May-06
31-Dec-06
31-Mar-07
BAND
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
SYNEAR FOOD HOLDINGS LIMITED
TELEDATA (SINGAPORE) LTD
UNITED FIBER SYSTEM LIMITED
YHI INTERNATIONAL LIMITED
YOUCAN FOODS INTERNATIONAL LTD
ZHONGHUI HOLDINGS LTD.
ADDVALUE TECHNOLOGIES LTD
ADVANCE MODULES GROUP LTD
AEM HOLDINGS LTD
ASA GROUP HOLDINGS LTD
ASIA ENVIRONMENT HOLDINGS LTD
ASIA POWER CORP LTD
ASIAPHARM GROUP LTD
BEAUTY CHINA HOLDINGS LIMITED
BOARDROOM LIMITED
BOUSTEAD SINGAPORE LIMITED
BRIGHT WORLD PRECISION MAC LTD
CEI CONTRACT MANUFACTURING LTD
CELESTIAL NUTRIFOODS LIMITED
COSCO CORPORATION (S) LTD
DEL MONTE PACIFIC LIMITED
DELONG HOLDINGS LIMITED
F J BENJAMIN HOLDINGS LTD
FERROCHINA LIMITED
FIBRECHEM TECHNOLOGIES LIMITED
FOOD EMPIRE HOLDINGS LIMITED
FRONTLINE TECH CORP LTD
GLOBAL TESTING CORPORATION LTD
INT'L CAPITAL INVESTMENT LTD
ISDN HOLDINGS LIMITED
JETS TECHNICS INTL HLDGS LTD
KIAN HO BEARINGS LTD
KOH BROTHERS GROUP LIMITED
KS ENERGY SERVICES LIMITED
LION ASIAPAC LTD
LOTTVISION LIMITED
LOW KENG HUAT (SINGAPORE) LTD
MIDAS HLDGS LIMITED
NERATELECOMMUNICATIONS LTD
NETELUSION LIMITED
OLAM INTERNATIONAL LIMITED
PAN-UNITED MARINE LIMITED
PETRA FOODS LIMITED
PSC CORPORATION LTD
SAMUDERA SHIPPING LINE LTD
SAN TEH LIMITED
SEMBCORP INDUSTRIES LTD
SEMBCORP MARINE LTD
SINGAPORE AIRLINES LTD
FY END
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-May-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Mar-07
31-Jan-07
31-Dec-06
31-Dec-06
31-Mar-07
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
BAND
3
3
3
3
3
3
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
SINOBEST TECHNOLOGY HLDGS LTD.
SP CORPORATION LIMITED
SUNNINGDALE TECH LTD
SUNVIC CHEMICAL HOLDINGS LTD
TELECHOICE INTERNATIONAL LTD
TYE SOON LTD
WING TAI HLDGS LTD
ALLGREEN PROPERTIES LTD
ALLIED TECHNOLOGIES LTD
AP OIL INTERNATIONAL LTD
ASIA FOOD & PROPERTIES LTD
BEST WORLD INTERNATIONAL LTD
BEYONICSTECHNOLOGY LIMITED
BONVESTS HOLDINGS LTD
BRILLIANT MANUFACTURING LTD
BUKIT SEMBAWANG ESTATES LTD
C&G INDUSTRIAL HOLDINGS LTD
CHINA AVIATION OIL(S) CORP LTD
CHINA DAIRY GROUP LTD
CHINA HONGXING SPORTS LIMITED
CHINA MERCHANTS HLDGS(PACIFIC)
CONTEL CORPORATION LIMITED
DBS GROUP HOLDINGS LTD
EDMI LIMITED
ENG WAH ORGANIZATION LIMITED
FEDERAL INT(2000) LTD
FISCHER TECH LTD
HIAP SENG ENGINEERING LTD
IPC CORPORATION LIMITED
K1 VENTURES LIMITED
LEE KIM TAH HLDGS LIMITED
LHT HOLDINGS LIMITED
MATEX INTERNATIONAL LIMITED
MEDIARING LTD
MEMTECH INTERNATIONAL LTD
MFG INTEGRATION TECHNOLOGY LTD
NTI INTERNATIONAL LIMITED
NUCLEUS ELECTRONICS LTD
OSIM INTERNATIONAL LTD
PACIFIC HEALTHCARE HLDGS LTD
REYOUNG PHARM HOLDINGS LIMITED
SEKSUN CORPORATION LTD
SHANGHAI TURBO ENTERPRISES LTD
SIM LIAN GROUP LIMITED
SINGAPORE TECH ENGINEERING LTD
SINGAPURA FINANCE LTD
SUNRAY HOLDINGS LIMITED
TAT HONG HOLDINGS LTD
TRI-M TECHNOLOGIES (S) LTD
FY END
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Jul-06
31-Dec-06
30-Sep-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Mar-07
31-Mar-07
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
30-Jun-06
31-Mar-07
31-Mar-07
31-Dec-06
BAND
4
4
4
4
4
4
4
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
TSIT WING INTL HOLDINGS LTD
UNITED OVERSEAS BANK LTD
UNITED TEST & ASSEMBLY CTR LTD
VENTURE CORPORATION LIMITED
YEO HIAP SENG LTD
ACTION ASIA LIMITED
ASIA ENTERPRISES HOLDING LTD
ASJ HOLDINGS LTD
BRC ASIA LIMITED
C K TANG LTD
CH OFFSHORE LTD
CHINA PRECISION TECHNOLOGY LTD
CHT (HOLDINGS) LTD.
CORTINA HOLDINGS LIMITED
CREATIVE MASTER BERMUDA LTD
CSC HOLDINGS LTD
ELLIPSIZ LTD
EVERGRO PROPERTIES LIMITED
EXCELPOINT TECHNOLOGY LTD
FIRSTLINK INV CORP LTD
FUNG CHOI MEDIA GROUP LIMITED
HI-P INTERNATIONAL LIMITED
HOTEL PROPERTIES LTD
HUPSTEEL LTD
HYFLUX LTD
INFORMATICS EDUCATION LTD.
IPCO INT'L LIMITED
JURONG CEMENT LTD
KINGBOARD COPPER FOIL HDGS LTD
LIFEBRANDZ LTD.
LONGCHEER HOLDINGS LIMITED
ORCHARD PARADE HOLDINGS LTD
PAN HONG PROPERTY GROUP LTD
RICHLAND GROUP LIMITED
SECOND CHANCE PROPERTIES LTD
SEMBAWANG KIMTRANS LTD
SINGAPORE WINDSOR HOLDINGS LTD
SINOMEM TECHNOLOGY LIMITED
TASTYFOOD HOLDINGS LTD
TECKWAH INDUSTRIAL CORP LTD
TRANSVIEW HOLDINGS LIMITED
TT INTERNATIONAL LIMITED
UNIFIED COMMUNICATIONS HLDGLTD
WILLAS-ARRAY ELEC (HLDGS) LTD
YONGNAM HOLDINGS LIMITED
ACHIEVA LIMITED
AGVA CORPORATION LTD
AMARA HOLDINGS LTD
ANNAIK LIMITED
FY END
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
30-Jun-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Mar-07
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Mar-07
30-Apr-07
31-Mar-07
31-Dec-06
31-Jul-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Oct-06
31-Mar-07
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
BAND
5
5
5
5
5
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
7
7
7
7
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
ANWELL TECHNOLOGIES LTD
APOLLO ENTERPRISES LTD
ARMSTRONG INDUSTRIAL CORP LTD
AUSTRALAND PROPERTYGROUP
AZEUS SYSTEMS HOLDINGS LTD
BAN LEONG TECHNOLOGIES LIMITED
BIO-TREAT TECHNOLOGY LIMITED
CHINA FISHERY GROUP LIMITED
CHINA FLEXIBLE PACK HLDG LTD
CHINA INFRASTRUCTURE HLDGS LTD
CHINA PETROTECH HOLDINGS LTD
CHINA POWERPLUS LIMITED
CHINACAST COMM HLDGS LTD
COUGAR LOGISTICS CORPN LTD
EASTGATE TECHNOLOGY LTD
ELECTROTECH INVESTMENTS LTD
ENGRO CORPORATION LIMITED
EUROPTRONIC GROUP LTD
FASTECH SYNERGY LTD
GOLDEN AGRI-RESOURCES LTD
GRAND BANKS YACHTS LIMITED
GUTHRIE GTS LTD
HG METAL MANUFACTURING LTD
HO BEE INVESTMENT LIMITED
IONICS EMS INC
JAPAN LAND LIMITED
JARDINE CYCLE & CARRIAGE LTD
JOINN HOLDINGS LIMITED
KODA LTD
LIAN BENG GROUP LTD
LMA INTERNATIONAL N.V.
LUXKING GROUP HOLDINGS LIMITED
MDR LIMITED
METRO HOLDINGS LIMITED
MTQ CORPORATION LIMITED
NAM LEE PRESSED METAL INDS LTD
NEW TOYO INT HLDGS LTD
OSSIA INTERNATIONAL LTD
PCI LTD
PEOPLE'S FOOD HOLDINGS LIMITED
PNE INDUSTRIES LTD
POKKA CORPORATION (S) LIMITED
POWERMATIC DATA SYSTEMS LTD
RAFFLES EDUCATION CORP LIMITED
RAFFLES MEDICAL GROUP LTD
ROTARY ENGINEERING LIMITED
SINGAPORE SHIPPING CORP LTD
SNP CORPORATION LTD
SOUTHERN PACKAGING GROUP LTD
FY END
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
30-Jun-06
31-Dec-06
31-Oct-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
30-Sep-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
30-Jun-06
31-May-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Mar-07
31-Mar-07
30-Sep-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
30-Sep-06
31-Jan-07
31-Mar-07
30-Jun-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
BAND
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
SPINDEX INDUSTRIES LIMITED
STAMFORD TYRES CORPORATIONLTD
SUN EAST GROUP LIMITED
TAI SIN ELECTRIC CABLES MFGLTD
TAT SENG PACKAGING GROUP LTD
TEXCHEM-PACK HOLDINGS (S) LTD.
THAI VILLAGE HOLDINGS LTD
THE ASCOTT GROUP LIMITED
TTL HOLDINGS LIMITED
UNION STEEL HOLDINGS LIMITED
UNITED OVERSEAS INSURANCE LTD
YANLORD LAND GROUP LIMITED
1ST SOFTWARE
8TELECOM
ABTERRA
AQUA-TERRA SUPPLY CO LTD
BIL INTERNATIONAL LIMITED
BIOSENSORS INT'L GROUP, LTD.
BROTHERS (HOLDINGS) LIMITED
CAPITALAND LIMITED
CHINA ESSENCE GROUP LTD.
CHINA KANGDA FOOD COMPANY LTD
DESIGN STUDIO FURNITURE MFRLTD
ELEC & ELTEK INT CO LTD
ENG KONG HOLDINGS LIMITED
EU YAN SANG INTERNATIONAL LTD
FDS NETWORKS GROUP LTD
FLEXTECH HOLDINGS LTD
FRAGRANCE GROUP LIMITED
GENERAL MAGNETICS LTD
GUOCOLAND LIMITED
HONGWEI TECHNOLOGIES LIMITED
HOR KEW CORPORATION LIMITED
HOTEL ROYAL LTD
INNO-PACIFIC HOLDINGS LTD
INTER-ROLLER ENGINEERING LTD
JACKSPEED CORPORATION LIMITED
JEL CORPORATION (HOLDINGS) LTD
JIUTIAN CHEMICAL GROUP LIMITED
KARIN TECHNOLOGY HLDGS LIMITED
L.C.DEVELOPMENT LTD
LANKOM ELECTRONICS LIMITED
LION TECK CHIANG LTD
LUM CHANG HOLDINGS LIMITED
MAN WAH HOLDINGS LIMITED
OCEAN INT'L HOLDINGS LIMITED
OVERSEAS UNION ENTERPRISE LTD
POH TIONG CHOON LOGISTICS LTD
RSH LIMITED
FY END
30-Jun-06
30-Apr-07
30-Jun-06
30-Jun-06
31-Dec-06
31-Dec-06
30-Sep-06
31-Dec-06
30-Jun-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
30-Jun-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
28-Feb-07
31-Dec-06
31-Dec-06
30-Jun-06
30-Jun-06
31-Dec-06
30-Jun-06
30-Jun-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
BAND
7
7
7
7
7
7
7
7
7
7
7
7
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
SARIN TECHNOLOGIES LTD
SINO TECHFIBRE LIMITED
STAMFORD LAND CORPORATION LTD
STRATECH SYSTEMS LIMITED
SUNSHINE HOLDINGS LIMITED
TECHCOMP (HOLDINGS) LIMITED
THE HOUR GLASS LIMITED
ULTRO TECHNOLOGIES LIMITED
UNITED ENVIROTECH LTD
UOB-KAY HIAN HOLDINGS LIMITED
VIBROPOWER CORPORATION LIMITED
VIZ BRANZ LIMITED
XPRESS HOLDINGS LTD
ACE ACHIEVE INFOCOM LTD
ACMA LTD
ADV INTEGRATED MFG CORP LTD
AMPLEFIELD LIMITED
BAN JOO & COMPANY LIMITED
BBR HOLDINGS (S) LTD
BROADWAY INDUSTRIAL GROUP LTD
C & O PHARM TECH (HLDGS) LTD
CASA HOLDINGS LIMITED
CHEMOIL ENERGY LIMITED
CHINA GREAT LAND HOLDINGS LTD.
CHINA HAIDA LTD.
CHINA SUN BIOCHEM TECH GP CO.
CHINA TRANSCOM TECHNOLOGIESLTD
COLORLAND ANIMATION LTD
COMPACT METAL INDUSTRIES LTD
COURAGE MARINE GROUP LIMITED
DIGILAND INTERNATIONAL LTD
ECS HOLDINGS LIMITED
EPURE INTERNATIONAL LTD.
FHTK HOLDINGS LTD
FREIGHT LINKS EXPRESS HOLDINGS
GENTING INT'L PUBLIC LTD CO
GIANT WIRELESS TECHNOLOGY LTD
HENGXIN TECHNOLOGY LTD.
HERSING CORPORATION LTD
HOTEL GRAND CENTRAL LTD
INTERNET TECHNOLOGY GRP LTD
KYODO-ALLIED INDUSTRIES LTD
LABROY MARINE LIMITED
LAFE TECHNOLOGY LIMITED
LUNG KEE (BERMUDA) HLDGS LTD
MANHATTAN RESOURCES LIMITED
MCL LAND LIMITED
MEGHMANI ORGANICS LIMITED
MIYOSHI PRECISION LIMITED
FY END
31-Dec-06
31-Dec-06
31-Mar-07
31-Mar-07
31-Dec-06
31-Dec-06
31-Mar-07
30-Jun-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Jul-06
30-Apr-06
31-Dec-06
31-Dec-06
30-Sep-06
30-Jun-06
31-Dec-06
31-Dec-06
30-Jun-06
30-Sep-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
30-Jun-06
30-Apr-07
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Aug-06
BAND
8
8
8
8
8
8
8
8
8
8
8
8
8
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
MMI HOLDINGS LTD
NATSTEEL LTD
NEPTUNE ORIENT LINES LIMITED
PDC CORP LTD
PERMASTEELISA PACIFIC HLDG LTD
PERTAMA HOLDINGS LIMITED
PORTEK INTERNATIONAL LIMITED
ROBINSON & CO. LTD
ROTOL SINGAPORE LIMITED
SERIAL SYSTEM LTD
SHANGHAI ASIA HOLDINGS LIMITED
SING INVESTMENTS & FINANCE LTD
SINGAPORE COMPUTER SYSTEMS LTD
SINWA LIMITED
SP AUSNET
STATS CHIPPAC LTD
STRACO CORPORATION LIMITED
STX PAN OCEAN CO., LTD.
TIANJIN ZHONG XIN PHARM GROUP
TIONG WOON CORP HOLDING LTD
TRANSPAC INDUSTRIAL HLDGS LTD
UNIONMET (SINGAPORE) LIMITED
UNITED INTL SECURITIES LTD
UNITED PULP & PAPER CO. LTD
VANTAGE CORP LIMITED
VGO CORPORATION LIMITED
WILMAR INTERNATIONAL LIMITED
ASIA TIGER GROUP LIMITED
A-SONIC AEROSPACE LIMITED
ASPIAL CORPORATION LIMITED
AUSSINO GROUP LTD
AUTRON CORPORATION LIMITED
BENEFUN INT HLDGS LTD
BRITISH & MALAYAN TRUSTEES LTD
BURWILL HOLDINGS LIMITED
CARATS LIMITED
CHARTERED SEMICONDUCTOR MFGLTD
CHEMICAL INDUSTRIES (F.E.) LTD
CHINA BEARING (SINGAPORE) LTD.
CHINA EDUCATION LIMITED
CHINA ENERGY LIMITED
CHINA FARM EQUIPMENT LIMITED
CHINA PRINT POWER GROUP LTD
CHUAN SOON HUAT INDUSTRIAL GP
CREATIVE TECHNOLOGY LTD
DAIRY FARM INT'L HOLDINGS LTD
GLOBAL TECH (HLDGS) LIMITED
GOODPACK LIMITED
GRP LTD
FY END
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
30-Jun-06
30-Jun-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
30-Nov-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
30-Jun-06
30-Jun-06
30-Jun-06
30-Jun-06
31-Dec-06
31-Mar-07
31-Dec-06
31-Mar-07
31-Dec-06
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
30-Sep-06
30-Jun-06
30-Jun-06
BAND
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
SINGAPORE CORPORATE GOVERNANCE AWARDS 2007
MAINBOARD COMPANIES
Notes:
The companies are shown in deciles with band 1 representing the top 10% and band 10
representing the bottom 10%
Companies are sorted in alphabetical order within each band
Only companies that released their latest annual reports by 20 August 2007 have been
included
COMPANY NAME
GUANGZHOU INVESTMENT CO LTD
HONG FOK CORPORATION LTD
HONGKONG LAND HOLDINGS LIMITED
HOTUNG INVESTMENT HLDGS LTD
INDOFOOD AGRI RESOURCES LTD.
JACKS INTERNATIONAL LIMITED
JARDINE MATHESON HLDGS LTD
JARDINE STRATEGIC HLDGS LTD
JAYA HOLDINGS LTD
KHONG GUAN FLOUR MILLING LTD
KSH HOLDINGS LIMITED
LIANG HUAT ALUMINIUM LTD
LINDETEVES-JACOBERG LTD
MANDARIN ORIENTAL INTL LTD
MAVERIC LTD.
NIPPECRAFT LIMITED
PT BERLIAN LAJU TANKER TBK
RADIANCE ELECTRONICS LIMITED
RIVERSTONE HOLDINGS LIMITED
SHANGHAI ALLIED CEMENT LTD2000
SHANGRI-LA ASIA LIMITED
SUNRIGHT LTD
SUNWAY INTL HLDGS LTD
SWIBER HOLDINGS LIMITED
THAI BEVERAGE PUBLIC CO LTD
TOTAL ACCESS COMM PUB CO LTD
TPV TECHNOLOGY LIMITED
TRANSMARCO LTD
VALUETRONICS HOLDINGS LIMITED
WANT WANT HOLDINGS LTD
ZAGRO ASIA LIMITED
FY END
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Jan-07
31-Dec-06
31-Dec-06
30-Jun-06
30-Apr-07
31-Mar-07
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
30-Jun-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Jul-06
30-Sep-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Mar-07
31-Mar-07
31-Dec-06
31-Dec-06
BAND
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10