Ananda Development Public Company Limited, or ANAN, a leader in urban residential development and the top market player in condominium projects near electric train stations, has been recognized for its strong corporate governance practices. The company received a 5-star 'Excellent' rating from the Corporate Governance Report of Thai Listed Companies (CGR) for the year 2018, marking its second consecutive year of this achievement. This reflects the company's ongoing commitment to enhancing good governance practices to ensure sustainable growth and build trust in its transparent and ethical business operations.

          Dr. Chaiyut Chunhachai, Chief Financial Officer of Ananda Development Public Company Limited or ANAN revealed that according to the CGR 2018 survey conducted by the Institute of Directors (IOD) in collaboration with the Stock Exchange of Thailand (SET), Ananda Development Public Company Limited received an 'Excellent' CG score, placing it among the top companies with scores of 90 and above, ranking as one of 657 companies evaluated under the good governance framework across 5 categories based on ASEAN Corporate guidelines.

          “The excellent score that Ananda has achieved this time marks our second consecutive year, which is a great source of pride. It reflects our commitment to conducting business with good governance that is transparent and fair, enhancing value for the company while ensuring sustainable growth alongside our responsibility to stakeholders, shareholders, and society as a whole, in accordance with corporate governance principles and the company's code of ethics, which our board, management, and employees have consistently upheld as a shared practice,” Dr. Chaiyut stated.

          The CGR project aims to encourage Thai listed companies to adhere more closely to good corporate governance principles (CG), aligning with investors' expectations. This includes the board's proactive role in critical areas such as strategy, director recruitment, and business ethics, as well as prioritizing business operations alongside stakeholder considerations for sustainable growth.

Thank you for the information from www.ananda.co.th