AmFIRST REIT Wins Best in Transparency Award
From Left: Mr Toh Lye Huat, Editor-in-Chief, Focus Malaysia, Mr Soo Kim Wai, Chairman, Am ARA REIT Managers Sdn Bhd and Datuk Seri Tajuddin Atan, Chief Executive Officer, Bursa Malaysia Bhd at the Focus Malaysia Best Under Billion Awards 2017.
AmFIRST Real Estate Investment Trust (AmFIRST REIT) recently won the “Best in Transparency” (Group B – Market capitalisation RM500 million – RM950 million) at the Best Under Billion Awards 2017. The awards is a signature event of Focus Malaysia, a business and investment weekly for corporate leaders, investors and local business community and is a member of the prestigious HCK Media Group.
Focus Malaysia worked in partnership with KPMG and Anderson Market Analytics to filter the winners from 759 listed companies that fall under the RM1.0 billion market capitalisation to select the winners using specific methodologies and criteria for the respective categories.
AmFIRST REIT was selected the winner based on its score in the following six factors used to determine how transparent a company is in its disclosure to the shareholders:
I. Transparency pledge:
II. Time taken to file annual financial results;
III. Precise remuneration of directors;
IV. AGM minute, video recording or podcast;
V. Dividend policy statement; and
VI. Whistle-blower policy
Congratulations to AmFIRST REIT!