HomeGood BusinessSM bags multiple awards from Hong Kong’s Alpha Southeast Asia magazine

SM bags multiple awards from Hong Kong’s Alpha Southeast Asia magazine

SM Southeast Asia magazine
SM Prime targets to increase the share of renewable energy in its electricity consumption by more than 50% across all of its business segments by end of 2022.

SM Investments Corporation (SM) has brought home three awards given by the Hong Kong-based Alpha Southeast Asia magazine during the recent 11th Institutional Investor Corporate Awards.

The Filipino conglomerate received nods from some of the 502 individual investors and analysts who voted to clinch the following recognitions:

  • Most Organized Investor Relations
  • Best Senior Management Investor Relations (IR) Support
  • Strongest Adherence to Corporate Governance

The company topped two out of the three categories by garnering the highest number of votes for the Best Senior Management IR Support, the 7th consecutive year for SM, and Strongest Adherence to Corporate Governance, its 8th year. For the Most Organized Investor Relations, this is the 10th year SM received this award.

SM Investments Consultant for Investor Relations and Sustainability Timothy Daniels said the awards are especially meaningful this time around, considering the challenges every industry has faced with the impact of the COVID-19 pandemic.

“We thank Alpha Southeast Asia for their continued recognition of the company’s dedication in fostering confidence with our stakeholders. This extends our resolve to better serve the public,” said Daniels.

“During the pandemic, we had to innovate on how we engaged with the investment community and general public through online forums, enhanced disclosures, and via our cutting-edge, user-friendly website. We are pleased to see that not only has our overall engagement increased but that our stakeholders recognize and appreciate our efforts,” Daniels added.

Alpha Southeast Asia shared that it was able to collect votes from over 500 investors across Southeast Asia, as well as in the United States and Europe. Participants included institutional investors, insurance companies, private banks, fund managers, equity and fixed income bankers, as well as buy and sell-side analysts, among others.

Alpha Southeast Asia is an institutional investment magazine founded in 2007. Its main focus is to cover Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam for CFOs internationally to understand the region better. Its readership is primarily institutional investors and companies in Hong Kong, the US, Europe, and other countries in Asia.

Earlier this year, SM also received The Asset Hong Kong highest honors for sustainability.

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The Good News Pilipinas Team is a group of Filipino journalists who advocate putting more good news stories about the Philippines and Filipinos on the media.

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