(20 April 2015. Pasay City, Philippines) Philippine conglomerate SM Investments Corporation (SM) and its subsidiaries recently received awards from Hong Kong-based publication Corporate Governance Asia’s 5th Asian Excellence Recognition Awards 2015.
Under the CG Asian Excellence Awards, SM and its subsidiaries, SM Prime Holdings, Inc. (SM Prime), BDO Unibank, Inc. (BDO) and China Banking Corporation (Chinabank) were chosen as awardees from the Philippines. The awards recognize excellence in financial performance, investor relations and communications, business ethics, corporate social responsibility (CSR) and environmental practices.
The awards highlighted the outstanding achievements of Chief Executive Officers or CEOs and Chief Finance Officers or CFOs in investor relations in both publicly-listed companies and in privately-owned entities, including state-owned and government-controlled enterprises in Asia.
“On behalf of SM Investments, we would like to thank Corporate Governance Asia for these citations. It’s cause for us to strive harder to ensure we further meet the needs of our retail and institutional investors aligned with global corporate governance standards,” SM Senior Vice President for Investor Relations Corazon P. Guidote said.
Awarded Best Investor Relations Companies are SM, BDO, SM Prime, and Chinabank. The awardees for Best CEO for Investor Relations are BDO Chairperson Teresita T. Sy-Coson and SM Prime President and CEO Hans T. Sy. Awards for Best CFO for Investor Relations were given to Jose T. Sio of SM, Jeffrey C. Lim of SM Prime, and Pedro M. Florescio III of BDO. Cited as Best IR Professionals are Corazon P. Guidote of SM, Luis S. Reyes, Jr. of BDO and Alexander Escucha of Chinabank.
Investor relations play crucial in today’s business environment. Practitioners are instrumental in providing timely updates of the latest information and business development to keep the shareholders and other stakeholders fully informed. They also represent minority investors to the company’s boards and senior management, becoming the minority’s voice.
SM and its subsidiaries have nurtured investor relations throughout the years by assembling a senior team of professionals with more mature and comprehensive perspectives that have the support of the principals and management. The awards gathered for these departments over the years are a testament to excellence in service, a proactive relationship and a strategic and integrated approach to corporate governance through investor relations.
The multiple awards given were the following:
SM Investments Corporation
Best CSR
Best CFO (Investor Relations)-Jose T. Sio
Best IR Company (Philippines)
Best IR Professional (Philippines)-Corazon P. Guidote
Best Environmental Responsibility
Best Corporate Communications Team
BDO Unibank Inc
Best CEO (Investor Relations)-Teresita T. Sy-Coson
Best CSR
Best CFO (Investor Relations)-Pedro M. Florescio III
Best IR Company (Philippines)
Best IR Company Professional (Philippines)- Luis S. Reyes Jr
Best Environmental Responsibility
Best Corporate Communications Team
SM Prime Holdings
Best CEO (Investor Relations)-Hans T. Sy
Best CSR
Best CFO (Investor Relations)-Jeffrey C. Lim
Best IR Company (Philippines)
Best Environmental Responsibility
Chinabank
Best IR Company (Philippines)
Best IR Professional (Philippines)-Alexander Escucha
The accolades are based both on the scores from the data that was submitted by CG Asia’s readers and investors.
Corporate Governance Asia is now read by 14,000 of the most important companies in Asia and provides incisive editorial content with extensive coverage on the latest and current developments, legislation, case studies, and various analyses relating to corporate governance practices in Asia.
For further information, please contact:
Ms. Corazon P. Guidote
Senior Vice President for Investor Relations
SM Investments Corporation
E-mail: cora.guidote@sminvestments.com
Tel. No. (632) 857-0117
smicweb.smicit.com