2018 Pwint Thit Sa
The 2018 Report assesses information disclosure on the corporate websites of 182 large Myanmar companies, including listed, and public ones. Almost twice as many companies were assessed as in the last Pwint Thit Sa report, published in 2016, using twice as many dimensions and criteria. This makes Pwint Thit Sa 2018 the most ambitious public report ever published about the state of corporate governance in Myanmar.
The 2018 report, although based on the same principle of rating online information disclosure by companies, adopts a different scorecard from the previous three reports. The scoring is now based on the ASEAN Corporate Governance Scorecard which is being used in Malaysia, Thailand, Philippines, Indonesia and Singapore.
The top three companies in 2018 scoring highest for disclosure are First Myanmar Investment (FMI) Group, City Mart Holdings (CMHL), and Serge Pun & Associates (SPA). While these companies have consistently featured in the Top 10 of previous Pwint Thit Sa reports, all of them have made added efforts in Pwint Thit Sa 2018 to enhance disclosure, and CMHL has risen from 8th in 2016 to 2nd in 2018.