Tycoon Enrique Razon Jr.’s International Container Terminal Services (ICTSI) topped the list among locally listed companies for governance and financial excellence, securing five awards in the 14th Institutional Investor Poll for Corporates by Alpha Southeast Asia.
ICTSI market gains of over 40 percent this year validate that good governance and market returns go hand in hand.
These accolades include most organized investor relations (IR), most consistent dividend policy, fifth place for best senior management IR Support, and recognition for strongest adherence to corporate governance.
Emilio Manuel V. Pascua, ICTSI’s senior vice president, chief financial officer, and chief risk officer, was also honored as the Philippines’ best chief financial officer.
ICTSI was among 38 other listed companies in Southeast Asia recognized at the Institutional Investor Awards.
These were based on a poll of more than 582 active investors, pension funds, hedge funds, equity and fixed income brokers, and analysts from January to April 2024.
