Asia’s best managed companies: Most convincing and coherent strategy by country

Euromoney targeted equity analysts covering Asian companies that were constituents as of July 26 2007 of the following indices, the biggest exchanges for domestic shares in the respective countries: Shanghai Composite (People’s Republic of China);

China leads the pack
Asia’s best managed companies
Most convincing and coherent strategy Most transparent accounts
Most accessible senior management Most useful and informative website
Best corporate governance Most convincing and coherent strategy by country
Most convincing and coherent strategy by sector Best corporate governance by country
Methodology

Euromoney targeted equity analysts covering Asian companies that were constituents as of July 26 2007 of the following indices, the biggest exchanges for domestic shares in the respective countries: Shanghai Composite (People’s Republic of China);

Hang Seng (Hong Kong);

Seoul Composite (Korea);

KLSE Composite (Malaysia);

Philippine Stock Exchange (Philippines);

Straits Times Index (Singapore);

Taiwan SE Weighted Index (Taiwan);

SET (Thailand);

BSE 30 (India).

Euromoney’s annual Asia company ranking is based on a survey of market analysts at leading banks and research institutes in Asia. Polling took place from August 29 to October 12 2007.

We received replies from 128 analysts who made a total of 2,744 nominations for 470 companies. Respondents were asked to nominate the top three companies in each of the countries or sectors they covered, bearing in mind market strength, profitability, growth potential and quality of management and earnings.

Points were awarded on the scale of 4:3:2 for nominations for 1st, 2nd and 3rd places respectively.

A number of other countries and industry sectors were included in the survey, but did not receive enough responses to be published.

China
Number of nominations: 34
2007 Company Sector
1 China Mobile Telecoms
2 China Telecom Telecoms
3 China Overseas Land & Investment Property & development
4 Ping An Insurance Banking & finance
5= China Mengniu Dairy Food & drink
5= China Vanke Property & development
Hong Kong
Number of nominations: 26
2007 Company Sector
1 Sun Hung Kai Properties Property & development
2= Li & Fung Retail
2= SmarTone Telecoms
4 Hong Kong Land Property & development
5 Hang Lung Properties Property & development
India
Number of nominations: 17
2007 Company Sector
1 Bharti Airtel Telecoms
2 Reliance Industries Conglomerate
3 NTPC Utilities
4 Reliance Communications Telecoms
Korea
Number of nominations: 19
2007 Company Sector
1 Posco Metals
2= NHN Telecoms
2= SK Telecom Telecoms
4 LG Telecom Telecoms
Malaysia
Number of nominations: 26
2007 Company Sector
1= IOI Corporation Consumer goods
1= Public Bank Banking & finance
3 Digi.com Telecoms
4 Bumiputra-Commerce Banking & finance
5= Gamuda Conglomerate
5= Genting Gaming
Philippines
Number of nominations: 12
2007 Company Sector
1 PLDT Telecoms
2 Megaworld Property & development
3 Ayala Corporation Conglomerate
Singapore
Number of nominations: 19
2007 Company Sector
1 SingTel Telecoms
2 UOB Banking & finance
3 StarHub Telecoms
4 CapitaLand Property & development
Taiwan
Number of nominations: 24
2007 Company Sector
1 Fubon Financial Banking & finance
2 Chunghwa Telecom Telecoms
3= Cathay Financial Banking & finance
3= TSMC Technology
5 Chinatrust Commercial Bank Banking & finance
Thailand
Number of nominations: 36
2007 Company Sector
1 PTT Oil & gas
2= Banpu Utilities
2= Siam Cement Cement
4 Kasikorn Bank Banking & finance