COSCO : Awarded the “Best Investor Relations Company” for the Fourth Time
April 24, 2015 at 05:53 pm EDT
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10 Apr 2015
COSCO International Awarded the "Best Investor Relations Company" for the Fourth Time
On 10th April 2015, Corporate Governance Asia Magazine held the gala dinner for the 5th Asian Excellence Awards in Hong Kong. With consistent endeavor in investor relations management and information disclosure, COSCO International was awarded the "Best Investor Relations Company" for the fourth time. Meanwhile, Ms. Yang Ling, the former head of investor relations department of the COSCO International, was honored as the "Best Investor Relations Professional". This reflects that the Company's commitment to high quality investor relations management practice has been well recognised and acknowledged by capital markets.
The judges' comments reveal that COSCO International attaches great importance with the effect of investor relations on enhancing shareholder's value. In particular, the Company excels at the establishment of investor relations management policies, the fairness and openness of information disclosure, and the insistence on good two-way communication with the investment community. As a result, COSCO International outstood among over a thousand companies in Asia, and became one of the 22 honored companies in China.
Corporate Governance Asia is the only authoritative and professional journal on enhancing corporate governance in Asia-Pacific. Its annual "Asian Excellence Awards" aims to recognise the companies with excellent performance in investor relations, business ethics, corporate social responsibility, environmental practices and financial performance.
Cosco Shipping International (Hongkong) Co Ltd is an investment holding company principally engaged in ship-related businesses. The Company operates its business through five segments. Coatings segment is engaged in the production and sales of coatings. Marine Equipment and Spare Parts segment is engaged in the trading of marine equipment and spare parts. Ship Trading Agency segment is engaged in the provision of agency services related to shipbuilding, ship trading and bareboat charter businesses. Insurance Brokerage segment is engaged in the provision of insurance brokerage services. General Trading segment is engaged in the trading of asphalt and other products.