Friday, December 2, 2011

Bursa Malaysia wins 4 awards in IR Global Rankings

KUALA LUMPUR (Dec 2): BURSA MALAYSIA BHD []'s exemplary best practice for corporate governance and online annual report structure saw it clinching four international awards in the 13th annual edition of the IR Global Rankings (IRGR).

It said on Friday the awards were 'Outstanding Corporate Governance in Asia Pacific', 'Best Ranked Corporate Governance by Industry (Financials)' and 'Best Online Annual Report in Asia Pacific' for 2011. Bursa Malaysia also won the bronze award for investor relations website in Asia Pacific.

Bursa Malaysia chief executive officer Datuk Tajuddin Atan described the international recognitions as an honour as the stock exchange operator was a proponent of sound corporate governance and investor relations practices.

'They are a testament of our steadfast commitment to embody the values of accountability, integrity, transparency and governance in our business operations.

'As we aspire further towards building an exchange of quality, these awards are a reminder of our contribution to the development of good corporate governance and investor relations practices in the country,' Tajuddin said.

To recap, the IRGR is the most comprehensive ranking system for investor relations website, online annual report, corporate governance practices and financial disclosure procedures.

The ranking is based on extensive technical proprietary research of publicly traded companies through a clear and transparent methodology. The ranking is supported by key global institutions such as Arnold & Porter; KPMG; MZ and Sodali.

More than 600 companies from over 30 countries participated in the 2011 edition of the IRGR.

Bursa Malaysia said participants were benchmarked against companies in the global and Asia Pacific region in four main categories comprising 'Best Ranked IR Website', 'Best Ranked Online Annual Report', 'Best Ranked Financial Disclosures Procedures' and 'Best Ranked Corporate Governance Practices'.

Last year, Bursa Malaysia won awards for 'Outstanding Corporate Governance in Asia Pacific' and 'Best Online Annual Report in Asia Pacific'.


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