RLC wins back-to-back best managed firm awards

MANILA, Philippines - Robinsons Land Corp. (RLC) was honored with the prestigious Overall Best Managed Company in the Philippines award by Euromoney, a leading international financial magazine, for two years in a row,

In the 15th Best Managed and Governed Companies Asia Poll 2014, regarded as the benchmark awards for the best country leaders, RLC emerged as the top Philippine choice. A field of 214 major companies in the Asia Pacific region nominated by the largest investment banks and research houses worldwide were included in the selection process.

The nomination process shortlists the top three listed companies that outperformed across a number of categories such as business strategy, corporate governance, management accessibility, accounting transparency, and increasing shareholder value, among others.

According to Euromoney, RLC was praised for its leading role in promoting transparent communication to investors, citing that “the company has a clear strategy and good visibility”. It was also noted that “Robinsons Land senior management continues to demonstrate prudent gearing, transparency, good governance and clear articulation of strategy.”    

RLC president Frederick Go noted that the company prides itself for managing resources well and its team of energetic and dynamic people who love what they do. With this latest citation, the real estate property arm of JG Summit Holdings Inc. has cemented anew its foothold as a leading player in property development with 35 malls, eight office buildings, 10 hotels, 61 residential condominiums and 32 gated subdivisions throughout the country.

Clive Horwood, editor of Euromoney Magazine, said: “The continuing prominence of Asia in global markets has created new growth opportunities for Asian companies. Through our annual survey, leading analysts covering Asia across all sectors have rewarded well governed institutions for sound financials and transparent relations with an increasingly wider investor pool.”

Euromoney Magazine is the flagship title of London based financial communications company Euromoney Institutional Investor PLC.  Founded in 1969 by Sir Patrick Sergeant, Euromoney Magazine is the voice of the international capital markets and for 44 years has offered unparalleled coverage of the global bond, equity and foreign exchange markets.