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Univanich Palm Oil PCL receives 2008 Best Performance Award

Loading Thailand’s first cargo of CPSO at the Chean Vanich export jetty in Krabi

Mr John Clendon, Managing Director of Univanich Palm Oil PCL accepts the Best Performance trophy from Deputy Prime Minister Dr Olarn Chaiprawat at the 2008 SET Awards. Mr Clendon was also one of four finalists for Thailand’s CEO of the year award.

Since the company’s public listing in 2003 this is the second time that Univanich has been recognized with this top award. The finalists were selected from 470 public companies listed on Thailand’s main board exchange and judging was carried out in three rounds by the TRIS Rating Agency and SET Analysts. Performance criteria in the final selection included Return on Assets (ROA), Return on Equity (ROE), Earnings Growth and Return to Investors over a three year period.