Media Prima wins a clutch of Asiamoney awards
KUALA LUMPUR – Media Prima Bhd (MPB) has emerged as the Malaysian company with the best overall corporate governance as well as other categories.
In the latest Asiamoney’s Corporate Governance Poll 2011, MPB has also been awarded with joint best company for disclosure and transparency, best company for responsibilities of
management and the board of directors, best company for shareholders’ rights and equitable treatment, and best company for investor relations, including the joint best investor
MPB chairman Datuk Johan Jaaffar said: “MPB is very proud to add these Asiamoney awards to our list of other awards, which once again reflects the recognition given by the investment community”.
The achievement validated the unwavering efforts of the employees, management and directors, he added. “We will continue to excel in the areas of governance and transparency, and to adopt best practices with the ultimate objective of enhancing the shareholders’ value,”
MPB group managing director Datuk Amrin Awaluddin said: “MPB has been awarded as the best Malaysian company in terms of overall corporate governance and other categories”.
“We are indeed very proud and honoured that our continuing and concerted efforts to maintain high level standards of corporate governance and investor relations have been duly recognised by investment community.”
MPB has received several regional recognitions as Malaysia’s best mid-capitalised company from Finance Asia, one of Asia’s leading financial publishing companies.
Recently, the Minority Shareholder Watchdog Group (MSWG) awarded MPB a distinction award based on the Malaysian Corporate Governance Index 2011.
The Asiamoney poll invited chief executives officers, chief investment officers and senior executives from fund management and hedge fund companies in the Asia-Pacific region as well as heads of research and senior analysts in securities firms across the region to participate in the poll. The poll required the participants to make their decisions based on areas such as disclosure and transparency, most timely and accurate disclosure on all material matters regarding the corporation, information given in financial reports, and disclosure of corporate governance information.
The survey also evaluated companies across the region with the improved levels of transparency, shareholders’ rights and improved investor relations over the last 12 months.