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Globe Telecom cited among Southeast Asia’s top companies for 2nd straight year

10:07 PM

Vernon Joseph Go

Leading telecommunications company Globe Telecom was again recognized by institutional investment publication Alpha Southeast Asia as one of the region’s top companies due to its strong Investor Relations Support and Dividend Policy.

Globe is one of the three top choices for the following categories: (1) Best in Senior Management IR Support; and (2) Most Consistent Dividend Policy. The second Institutional Investor Corporate awarding ceremonies organized by Alpha Southeast Asia will take place next month.

“Globe Telecom remains one of the most attentive companies on the radar of most buy-side investors and analysts today and therefore, we too are pleased to see the company rated well among investors in our unique investor poll for the second year running,” said Siddiq Bazarwala, publisher of Alpha Southeast Asia.

Ernest L. Cu, Globe President and CEO was pleased with the recognition accorded to it by Alpha Southeast Asia. “We at Globe are committed to high standards of disclosure, transparency, and accountability. We take pride in the company’s consistent performance over the years and increasing shareholder value,” he said.

For the annual poll, votes were collected from more than 460 investors and analysts across the region, a slight increase from last year’s figure of 450. The participants included fund managers with investment interests in Southeast Asia, large institutional investors, insurance companies, pension funds, funds of hedge funds, private banks, equity and fixed income brokers as well as buy-and-sell analysts.

Other categories include Most Organized Investor Relations, Strongest Adherence to Corporate Governance, Best Strategic CSR, Most Improved Investor Relations, Best CFO in Southeast Asia, and Best Annual Report in Southeast Asia. In all, 47 Southeast Asian publicly-listed companies were ranked, representing the crème de la crème of best practices.

A key distinguishing feature of the investor poll is that it also adventurously publishes names of companies that are not so well ranked by asking the same group of investors about companies perceived to have Poor Management Access & IR as well as Unpredictable IR Strategy.

Headquartered in Hong Kong, Alpha Southeast Asia has bureaus and correspondents in Jakarta, Kuala Lumpur, Manila, Singapore and Bangkok. The monthly magazine is the first and only institutional investment magazine primarily written for institutional investors, asset and fund management companies in Hong Kong, Singapore, other parts of Asia, US, Europe and the Middle East, who are usually not as exposed to the region as much as they are to North Asian economies. The magazine also has a strong following among the region’s largest local corporations concerned about liquidity management, cash flow maximization and financial supply chain optimization.