At the SIAS Investors' Choice Awards 2012, nominees of the Most Transparent Company Awards are first shortlisted by the Sim Kee Boon Institute for Financial Economics at SMU using a weighted index covering five aspects in the OECD principles. Within the "Disclosure and Transparency" aspect, factors such as timeliness, substantiality and clarity of news release, degree of media access, frequency of corporate results, and availability of segmental information and communication channels are considered.

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