Thaioil wins TOP 50 ASEAN PLCs for 2^nd consecutive year.

          Recently, Thai Oil Public Company Limited led by Ms. Suwimol Chaluaydumrong (2^nd right), Vice President – Corporate Compliance has been presented with “TOP 50 ASEAN PLCs (TOP 11-30)”, which the company has won it for 2 consecutive years by Mr. Yang Berhormat Tuan Lim Guan Eng (center), Finance Minister of Malaysia in The 2^nd ASEAN Corporate Governance Award Ceremony 2018, hosted by The Minority Shareholders Watch Group, a Malaysian corporate governance expert. The ceremony was held at Kuala Lumper, Malaysia.

ASEAN CG scorecard project has been implemented since 2012 by the ASEAN Capital Markets Forum comprising  the Securities and Exchange Commission (SEC) of 6 ASEAN countries such as Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. The project is aimed to honor the ASEAN listed companies  which is committed to perform good corporate governance principles in its business operation continuously. Thaioil has been ranked as one of the top 50 listed companies  with the highest market capitalization of the top 100 in six ASEAN countries.   

Photo shows (from left) : (1^st & 2^nd left) Representatives of Minority Shareholders Watch Group; Mr. Yang Berhormat Tuan Lim Guan Eng, Finance Minister of Malaysia; Ms. Suwimol Chaluaydumrong, Vice President – Corporate Compliance, Thai Oil Public Company Limited; Mr. Rapee Sucharitakul, Chairman of ASEAN Capital Markets Forum (ACMF) and Secretary-General of Securities and Exchange Commission, Thailand

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         Thaioil is Thailand’s largest refinery and supplier of petroleum products. Founded in 1961, we operate one of the most efficient refineries in Asia Pacific with the current capacity of 275,000 barrels per day.

Thaioil operates under the Operational Excellence principle, operating as an integrated group of businesses in oil refinery, petrochemicals and lube base oil with supporting businesses, e.g. power generation, solvents, logistics and renewable energy generation, LAB : an intermediate in the production of surfactants, marine and pipeline transportation and storage services of crude, petroleum and petrochemical products, as well as recruitment services for Thaioil and Subsidiries. Thaioil leads the Thai refinery industry through a well-planned and integrated production process, yielding optimum efficiency. Our products are of high quality, rated in the top quartile of refineries in Asia Pacific, at lower production costs – giving Thaioil a recognized competitive advantage.

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