Twenty-four ASEAN companies were recognized for best-in-class investor engagement at the inaugural 2019 All-Asia Executive Team – ASEAN Most Honored Companies Awards. The honors were presented at the Singapore Stock Exchange (SGX) on 11 October by co-hosts Institutional Investor (II) and Investor Relations Professionals Association Singapore (IRPAS), in a ceremony sponsored by Orient Capital.
Every year, Institutional Investor asks buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions that cover the region to name companies they cover and rate their chief executive officers, chief financial officers, and investor relations. All votes are assigned a rating (five, four, three, two, and one).
Companies’ IR programs are rated on: accessibility of senior executives; whether IR managers are well-informed or empowered to speak; timely and appropriate disclosure; speed and thoroughness of responses; corporate governance; ESG/SRI reporting; corporate documentation (inc. website); execution of strategy. These ratings are aggregated to produce an overall IR Program rank for each company.
The ASEAN results were calibrated from II’s All-Asia Most Honored Companies survey. They follow a robust process and have high data integrity. Companies were grouped by their registration domicile and 257 companies from ASEAN were nominated by 454 buy-side portfolio managers and sell-side analysts from 320 firms casting over 9,000 votes. The title of “Most Honored Company” goes to companies that secure two or more top-three appearances.
2019 ASEAN Most Honored Company awardees:
Indonesia:
– Astra International
– Bank Central Asia
– Bank Mandiri
– United Tractors
Philippines:
– Ayala Land
– D&L Industries
– Globe Telecom
– Metro Pacific Investments
– Universal Robina
Malaysia:
– IHH Healthcare
– Inari Amertron
– Malaysia Airports Holdings
– Serba Dinamik Holdings
– Tenaga Nasional
– ViTrox
– Yinson Holdings
Singapore:
– BOC Aviation
– CapitaLand Commercial Trust
– City Developments
– Mapletree Industrial Trust
Thailand:
– Bangkok Dusit Medical Services
– Central Pattana
– Kasikornbank
– Minor International
Best ASEAN ESG/SRI Reporting awardee is Kasikornbank.
Special Achievement Awards were bestowed upon the top-performing C-Suite executives.
