MINT RECEIVED BEST SET SUSTAINABILITY AWARDS 2019 AND OUTSTANDING DEAL OF THE YEAR AWARDS 2019

Event Calendar Press Releases Thursday November 28, 2019 10:38
Bangkok--28 Nov--Minor International PCL

Minor International Public Company Limited ("MINT") is pleased to announce that the company received Best SET Sustainability Awards 2019 for the second consecutive year and was again included in the list of Thailand Sustainability Investment 2019 by Stock Exchange of Thailand (SET) for the fifth consecutive year. Additionally, MINT received Outstanding Deal of the Year Awards 2019 from SET for its acquisition of NH Hotel Group.

MINT was the award winner of Best SET Sustainability Awards 2019 among SET-listed companies with market capitalization of over Baht 100,000 million. The award manifests MINT's commitment and excellence in corporate governance and sustainable development. Meanwhile, MINT maintains its status in the SET's selected list of Thailand Sustainability Investment 2019, which comprises of listed stocks with outstanding performance on environmental, social and governance (ESG). These sustainability awards reiterate community's recognition on MINT's prominent standard of ESG practices.

As one of the two finalists, MINT received Outstanding Deal of the Year Awards 2019 from SET for its acquisition of NH Hotel Group. The Outstanding Deal of the Year Awards was presented to the company who involves in the deal transaction, which has a positive impact to the stock market in terms of financial innovation, approach of fund raising and mergers and acquisitions during the past year. The award was assessed by equity analysts, institutional investors, professionals committee from SET and independent investment experts. The criteria for the award achievement include 1) Creativity: a deal that uses innovative financial instruments which sets a prototype to the stock market, 2) Strategic movement: a deal that is value accretive to the company and enhances the firm's competitiveness, 3) Positive impact: a deal that supports the development of the capital market and country's economy and 4) Governance: a deal with transparency in information disclosure to stakeholders.

Mr. William E. Heinecke, MINT's Founder and Chairman commented, "We are very honored to be recognized once again by the Stock Exchange of Thailand for our efforts to conduct business with sustainable practices and high standards. MINT remains unwaveringly committed to our sustainability vision as our pinnacle of success and we will continue to direct the company's business with good leadership, best in class operations, as well as exceptional social and environmental responsibility."

"We are delighted to receive another award for the NH Hotel Group transaction. We are proud to take part in uplifting Thailand's capital market and in supporting Thailand's economy, particularly in the tourism industry which is one of the biggest contributors of Thailand's GDP. The award has reaffirmed our efforts put towards this strategic transaction which ultimately created positive impact for our stakeholders." said Mr. Dillip Rajakarier, COO of MINT and CEO of Minor Hotels.

About Minor International: Minor International (MINT) is a global company focused on three core businesses: hospitality, restaurants and lifestyle brands distribution. MINT is a hotel owner, operator and investor with a portfolio of 529 hotels under the Anantara, AVANI, Oaks, Tivoli, NH Collection, NH Hotels, nhow, Elewana, Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International brands in 55 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South and North America. MINT is also one of Asia's largest restaurant companies with over 2,200 outlets system-wide in 26 countries under The Pizza Company, The Coffee Club, Riverside, Benihana, Thai Express, Bonchon, Swensen's, Sizzler, Dairy Queen and Burger King brands. MINT is one of Thailand's largest distributors of lifestyle brands and contract manufacturers. Its brands include Anello, Bodum, Bossini, Brooks Brothers, Charles & Keith, Esprit, Etam, Joseph Joseph, OVS, Radley, Scomadi, Zwilling J.A. Henckels and Minor Smart Kids. For more information, please visit www.minor.com.


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