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.
