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Manila Bulletin devider Business devider SMIC among best managed PH firms

SMIC among best managed PH firms

Published Nov 9, 2020 05:30 am

SM Investments Corporation (SMIC) was ranked among the best managed companies in the Philippines by Alpha Southeast Asia magazine based on its 10th annual corporate-institutional poll for 2020.

In a statement, SMIC said it topped Best Senior Management Investor Relations Support and has been cited for this award for the sixth consecutive year.

SMIC was ranked first in the Best Strategic Corporate Social Responsibility category, its sixth straight year for this award. 

Other awards included Most Organized Investor Relations for the ninth year in a row; Most Consistent Dividend Policy for the fourth straight year.

SMIC was also the only Philippine company to receive Best Annual Report, its second time to receive the award.

“We thank Alpha Southeast Asia for this recognition and the investor community for its confidence. This gives us much encouragement as we endeavor to uphold good governance and sustainability across our businesses,” SMIC President Frederic C. DyBuncio said. 

Alpha Southeast AsiaPublisherSiddiq Bazarwalasaid that, “As one of Asia’s leading conglomerates, SM Investments Corporation is among a handful of companies that is well positioned given its diversified retail network and company-wide commitment to sustainability, inclusive growth and value creation.”

Alpha Southeast Asia collects votes from investors and analysts across the region as well as the United States and Europe.

It is a monthly 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. The magazine also has a strong following among the region’s largest local corporates.

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