Ms Cecilia Tan, CEO of SAMPL, said, "We are extremely delighted and gratified to receive this highly esteemed Singapore Corporate Awards. This year's award is a special edition where it specifically recognises winning companies' efforts in upholding best practices in corporate governance and demonstrating leadership, innovation and resilience during the COVID-19 pandemic. For Sasseur REIT, this award carries great significance. Faced with unprecedented challenges in the business environment brought about by the pandemic since early 2020, we remained steadfast in the midst of high levels of uncertainty and disruption, and kept our focus on prioritising the health and safety of employees, customers and tenants while continuing to optimise the REIT's operating and financial performance. Under the dynamic and courageous leadership of our Board Chairman Mr Vito Xu and the commitment of our Board of Directors, Sasseur REIT will emerge stronger and more resilient from the pandemic. This award is also a testament to the excellent teamwork by both the REIT manager team in Singapore and the Sponsor team in China in rising above the challenges."

This has been a bumper year for Sasseur REIT where to-date the REIT has received four awards in recognition of its excellence in corporate governance and investor relations efforts, and witnessed marked improvement in its rankings in two well-known corporate governance indices. Our focus on strong corporate governance, transparency and proactive investor relations has raised Sasseur REIT's profile, visibility and credibility in the marketplace." she said.

Singapore Corporate Awards 2020/2021 (Special Edition)

In its debut participation in the SCA, Sasseur REIT emerged victorious among a strong lineup of SGX-listed companies shortlisted for the Corporate Excellence and Resilience Award in the mid-cap category (market capitalisation of S$300 million to less than S$1 billion as at 31 December 2020).

The winner was selected via a rigorous three-stage process, including screening of public information, benchmarking of corporate governance indices and analysis of financial performance. The shortlist is then refined through research and inquiries before a final interview with the senior management and selected board of directors by a panel of judges. Companies are screened based on several metrics, including Corporate Governance, Financial Resilience, Strategic and Operational Excellence and People Management.

Launched in 2005, the Singapore Corporate Awards seeks to recognise and reinforce the notion that strong performance is underpinned by high standards of corporate governance. Excellence in corporate leadership and good dynamics between board and management helps build resilience to the challenging environment, and serve as a role model for other companies to emulate.

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