Winners of the 2022 IR Awards as voted by investors in the large capitalisation stock category at a ceremony in HCM City on September 15.(Photo: VNA) The annual awards seek to raise awareness of the role andimportance of investor relation activities, promote informationtransparency in the stock market, improve the quality of information disclosedand investor confidence, said Nguyen Nhu Hung, editor-in-chief of thee-magazine.
Hung said the awards are based on compliance with stockmarket information disclosure requirements by the 736 companies listed on theHo Chi Minh Stock Exchange and Hanoi Stock Exchange, and 385 of themcomplied with all.
Then, based on their liquidity, compliance in terms of treasurystocks, foreign investment, and dividend payments, 45 were nominated for theawards.
In the final round, they were divided into three groups basedon market capitalisation size (large, medium and small and micro-cap) and wentthrough a rigorous assessment by 31 leading financial institutions andvoting by investors based on three criteria: transparent and effectivefinancial communication, reputation in the capital market and having IR activitiesthat help optimise business value.
The top three voted by financial institutions were ACB, FPT, andMBBank (large-cap), Hai Phat Investment JSC, FPT Digital Retail JSC, andDigital World Co Ltd, (mid-cap), and Petrovietnam SecuritiesIncorporated and Tan Cang Logistics & Stevedoring JSC (smalland micro-cap).
The top three voted by investors were Mobile World InvestmentCorporation, FPT Corporation and Masan Group Corporation (large-cap), DigitalWorld Co Ltd, FPT Digital Retail and Gia Lai Electricity JSC (mid-cap),and Petrovietnam Securities Incorporated, Everpia JSC and Tan CangLogistics & Stevedoring JSC (small and micro-cap).
According to the organisers, for a second year thesurvey found more than 50% of listed companies meeting alldisclosure requirements.
The high compliance rate is a good sign and indicates companiesare paying attention to disclosure requirements, the basic requirement fortreating investors fairly, they said./.
VNA
