Yoma Strategic wins Gold at the 11th Singapore Corporate Awards

From left to right: Mr Willy Cheng, Chairman, Singapore Institute of Directors, Mr Serge Pun, Executive Chairman, Yoma Strategic Holdings and Mr Gan Kim Yong, Minister for Health.

Yoma Strategic has won a Gold Award under the Best Managed Board award (Companies with $300 million to $1 billion in market capitalization category) at the 11th Singapore Corporate Awards (SCA) held on 19 July 2016.

Mr Serge Pun, Executive Chairman of Yoma Strategic, was presented the award by the event’s Guest-of-Honour, Mr Gan Kim Yong, Singapore’s Minister for Health.

This was the second time that Yoma Strategic won an award at the SCA. In 2015, Yoma Strategic won a Silver under the Best Managed Board award at the 10th Singapore Corporate Awards.

Yoma Strategic is the first Myanmar company listed on the Singapore Exchange to win at the SCA.

The Singapore Corporate Awards (SCA) is the most prestigious corporate governance award for listed companies in Singapore.  It was launched on 19 September 2005 as the umbrella awards for exemplary corporate governance practices for listed companies in Singapore. The SCA is organised by the Institute of Singapore Chartered Accountants (ISCA), Singapore Institute of Directors (SID), and The Business Times (BT), supported by Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange (SGX), and sponsored by Bank Julius Baer.

“Yoma Strategic will continue its efforts on corporate governance and will continue to build upon our track record, including our policy of zero tolerance on corruption. This has allowed us to build a strong reputation domestically and internationally, and has facilitated the interest from many international parties wanting to work with us. Today, we continue to benefit from our investment in corporate governance and believe that it will continue to pay off in the long term,”  saidMr Serge Pun, Executive Chairman of Yoma Strategic.

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