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29 OCTOBER 26

TBN CGR 5-Star Rating: Excellent Corporate Governance for the Third Year

TBN has received a 5-star “Excellent” rating in the 2026 Corporate Governance Report (CGR) from IOD for the third consecutive year. It also ranks in the Top Quartile, one of 105 companies out of 412, among listed companies with an average market cap of no more than 1,500 million baht.

TBN's CGR 5-star rating is the "Excellent" score awarded to TBN Corporation Public Company Limited (TBN) in the 2026 Corporate Governance Report of Thai Listed Companies (CGR), now for the third consecutive year. The assessment is run by the Thai Institute of Directors Association (IOD). TBN also ranks in the Top Quartile of listed companies with an average market capitalisation of no more than 1,500 million baht.

What CGR rating did TBN receive in 2026?

TBN received the 5-star "Excellent" level (Excellent CG Scoring) from IOD for the third year running. The company says the result reflects its commitment to keeping a high standard of corporate governance, and to treating the rights and equal treatment of shareholders and all stakeholders transparently and fairly. It sees this as the foundation for stability and long-term confidence in the Thai capital market.

What does TBN's Top Quartile ranking mean?

TBN is one of 105 companies, out of 412, placed in the Top Quartile among listed companies with an average market capitalisation of no more than 1,500 million baht. In plain terms, TBN sits in the top quarter of companies of a similar market size.

How did TBN perform in the previous year's CGR?

In the 2025 assessment, TBN received the 5-star "Excellent" level for the second consecutive year. That year, 844 listed companies took part and 373 reached the "Excellent" level. TBN was one of 85 companies, out of 333, in the Top Quartile for the group with market capitalisation of no more than 1,500 million baht. The assessment was conducted by IOD with support from the Stock Exchange of Thailand (SET).

How does TBN approach corporate governance?

TBN describes itself as an Intelligent Digital Solutions Provider. It says it continues to run the organisation under good corporate governance and sustainable development, while strengthening its business capabilities and creating growth opportunities in the technology industry. The company says it is committed to ethical business conduct and to management that is transparent and accountable, in order to deliver lasting value to all stakeholders.

How does governance fit with TBN's business direction?

On the business side, TBN is moving from building custom systems to providing solutions that generate recurring income, as outlined in its JUMP+ strategy for 2026-2028. It has also partnered with Juristech to enter the Non-Bank lending market, as covered in TBN Juristech Partnership Brings End-to-End Lending to Thailand's Non-Bank Market. A consistently high CGR result supports the company's credibility with shareholders, customers and partners.

Frequently Asked Questions

Q: What CGR rating did TBN receive in 2026?

A: TBN received the 5-star "Excellent" rating (Excellent CG Scoring) from IOD for the third consecutive year.

Q: What is the CGR?

A: The Corporate Governance Report of Thai Listed Companies (CGR) is an assessment of corporate governance among Thai listed companies, conducted by the Thai Institute of Directors Association (IOD).

Q: What does TBN's Top Quartile ranking mean?

A: TBN is one of 105 companies, out of 412, in the Top Quartile among listed companies with an average market capitalisation of no more than 1,500 million baht.

Q: What does TBN do?

A: TBN describes itself as a Digital Solutions Partner and Intelligent Digital Solutions Provider in the technology industry.

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