Thursday, October 24, 2019 8:22:16 AM - Markets open
VN-INDEX 987.79 0.00/0.00%
HNX-INDEX 104.14 0.00/0.00%
UPCOM-INDEX 56.60 0.00/0.00%
Listed companies honoured for best investor relations
https://vietnamnews.vn/ - 8/11/2019 6:59:04 AM
 (0 ratings. You must sign in to rate.)
Vietstock and Finance and Life online newspaper FiLi.vn of the Việt Nam Association of Financial Executives gave away this year’s IR Awards to 18 listed companies for having the best investor relations at a ceremony in HCM City on Friday.
 
The awards were decided by votes from investors and financial institutions, and were divided into three groups based on market capitalisation: large, medium and small and micro.
 
The investors’ votes for the top three went to Masan Group Corporation, Saigon Thương Tín Commercial Joint Stock Bank and Tiên Phong Commercial Joint Stock Bank in the first group; PetroVietnam Fertilizer and Chemicals Corporation, FLC Group and PetroVietnam Power Nhơn Trạch 2 JSC in the second; and Construction Investment Corporation 3-2, CNG Việt Nam JSC and Netland Real Estate JSC in the third.
 
The financial institutions’ votes went to Mobile World Investment Corporation, VINGROUP and Novaland Group Corporation; An Phát Bioplastics JSC, Đất Xanh Group and Phát Đạt Real Estate Development JSC; and Digiworld Corporation, Đúc Thành Wood Processing JSC and Bà Rịa-Vũng Tàu House Development JSC.
 
Speaking at the awards ceremony, Nguyễn Như Hùng, editor-in-chief of Fili.vn, said: “The IR Awards is an annual activity aimed at raising awareness among the financial community in general and enterprises in particular about IR activities and honouring companies with excellent IR activities in order to have an open, transparent and efficient stock market.”
 
The award is based on a survey of compliance with stock market information disclosure obligations by the 713 listed companies, 27 companies more than last year. Of them, 259 met all the requirements, he said.
 
After a check of considering their liquidity conditions, compliance in terms of treasury stock, foreign investment and dividend payment policies, 45 out of them were nominated for the awards, he added.
 
To win an award, a company must fully comply with regulations on information disclosure, pass a rigorous evaluation round of investor relations by financial institutions, and receive high votes from investors.
 
The number of fully compliant listed companies increased from just 3.34 per cent in 2012 to 36.33 per cent this year.
 
“This is a good signal and proves business executives are paying more attention to information disclosure requirements,” Hùng said.
 
However, the ratio reduced slightly this year from last year because disclosure obligations became more stringent, and this would help further improve the investor relations of listed firms, he added. — VNS
 
Read original article here
Newer News
23/10 Shares slide on selling pressure
22/10 VN stocks slip on disappointing earnings, global news
20/10 Banks report higher profit
18/10 VN-index ends up lower as correcting pressure rises
17/10 Large-caps correct, halting VN-Index gains
16/10 Shares subdued as market shakes
14/10 Trade war worries lifted, but market growth flat: analysts
12/10 Shares edge up but foreign traders prolong net selling
11/10 Stocks reverse in the afternoon on trade talk worries
10/10 VN stocks up but caution remains ahead trade talks
Older News
09/08 VN-Index makes progress on purchase power
08/08 VN shares move up but liquidity modest
07/08 Shares slide, money flows into industrial sector
06/08 Shares tumble on massive selling
02/08 VN stocks fall on US-China trade news
01/08 Shares recover on strong first-half earnings
31/07 VN stocks decline amid investors' caution
29/07 Local stocks to slow on mixed corporate earnings as investors wait for int'l events
26/07 75,000 derivatives trading accounts opened in first six months
25/07 Shares slow down as banks lose steam
 
Newsletter Signup
Top Stories
Reference exchange rate reverses downward trend on October 23
Prices of Grade A office space rise due to low supply
VN stocks to beat 1,000 points in Q4
Consumer price index to be controlled at low level of 3.3-3.5% in 2019
Crude import tax zeroed in November
Market Update
Last updated at 8:45:00 AM
VN-INDEX 987.79 0.00/0.00%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.