There was nothing but great news for Thai Union Frozen Food Products on this year's first day when it was awarded a carrot for its good practices for the whole of last year.
Thai Union Frozen Products was named the winner of Asia Money's "Best Treatment of Minority Shareholders".
The judgment was based on responses from institutional investors worldwide in a survey conducted last quarter.
Thai Union Frozen Food Products is the country's largest processor and exporter of canned and frozen seafood.
Even though the firm's shares closed yesterday at Bt16.30 - a slight drop of Bt0.70 from last week - its trading volume sharply increased by 85 per cent to 1.76 million shares.
"The award demonstrates our equitable treatment of all shareholders," president Thirapong Chansiri said.
The firm was recognized for preserving the best interests of shareholders.
Thai Union Frozen Food Products promotes good governance, provides shareholders information on the latest developments and builds trust and confidence in the firm's operation, he said.