S Hotels and Resorts Achieves “Excellent” (5-Star) CG Scoringand Outstanding Investor Relations Awards 2024

BANGKOK, THAILAND: Bangkok, Thailand – S Hotels and Resorts Public Company Limited (SET: SHR), a leading international hospitality company and a subsidiary of Singha Estate PCL (SET: S), a prominent international property development company, is proud to receive, for another year, the prestigious Business Excellence Award for Outstanding Investor Relations at the SET Awards 2024. This marks the third time and second consecutive year that SHR has received this distinguished accolade. In further recognition of its commitment to excellence, SHR has also been awarded a 5-star rating or "Excellent" CG Scoring in the assessment of corporate governance of Thai-listed companies for the fourth consecutive year. This achievement underscores SHR’s dedication to transparent and good corporate governance practices as a cornerstone of sustainable growth.

Mr. Issarin Pattamai, Chief Financial Officer of SHR, stated, “Our ongoing success demonstrates SHR's dedication to fostering trust with investors and all stakeholders. We prioritise providing accurate, comprehensive, clear, and timely information to empower investors and analysts to make well-informed investment decisions. Furthermore, achieving a 5-star rating for corporate governance reinforces SHR's commitment to sustainable operations and delivering long-term value to our shareholders.”

This year marks the 21st anniversary of the SET Awards, a joint initiative of the Stock Exchange of Thailand and the Finance and Banking Journal. The awards recognise listed companies that have excelled in various areas. SHR has been honored with the Outstanding Investor Relations Award, an accolade given to companies that have demonstrated exceptional investor relations practices. SHR has met the rigorous evaluation criteria set by a panel of experts and has been recognised by analysts and institutional investors among listed companies with a market capitalisation between 3 and 10 billion baht.

Regarding the 5-star or "Excellent" CG Scoring from the Institute of Directors (IOD), with the support of the Stock Exchange of Thailand for the year 2024, this year’s score surpasses SHR’s previous performance and outperforms the average CG score of 84% for all listed companies. The company's exceptional performance, particularly in the category of disclosure and transparency, highlights its unwavering commitment to fostering a strong corporate governance and ethics framework. SHR is dedicated to implementing sustainable business practices that prioritise the interests of all stakeholders. By maintaining high standards of transparency and accountability, the company aims to build lasting trust with investors and the public.

"The recognition we've received this year will propel the company to further elevate its standards of responsible, transparent business practices. This will drive sustainable and stable growth, positioning us as a leading organisation that positively impacts all stakeholders," Mr. Issarin concluded.

About S Hotels and Resorts Public Company Limited

S Hotels and Resorts Public Company Limited (SET:SHR), the hospitality arm of Singha Estate Public Company Limited, is a fast-growing, Thai-inspired company with an extensive international portfolio and world-class standards. Specialising in the management and investment of high-quality hotels and resorts in desirable destinations across the globe, S Hotels & Resorts has created a collection of its own distinctive lifestyle brands, whilst also partnering with the hospitality industry’s leading names. The company aims to set new standards for leisure and lifestyle through diversified business platforms and to enhance value for all its stakeholders based upon a philosophy of sustainable development and delivering benefits to local communities. To learn more, please visit www.shotelsresorts.com or follow us on Facebook, Instagram, Youtube, or LinkedIn. 

For more information and high-resolution images, contact:

Lalita Somboonsuk (Ta)

Senior Manager - Corporate Marketing Communications
S Hotels & Resorts | Singha Estate PCL
Tel: +66 (0) 2058-9888 ext. 320
E-mail: lalita.s@shotelsresorts.com
Website: www.shotelsresorts.com