11 Feb 2022
Corporate Governance Asia magazine presented the 11th Asian Excellence Awards and Shui On Land received top honors in three critical categories last year:
The Asian Excellence Awards recognize corporate leaders and entrepreneurs who have demonstrated strong social responsibility and are leading companies that are fully supporting sustainable development practices.
Mr. Vincent Lo, Chairman of Shui On Land, was awarded Asia's Best CEO in recognition of his contributions to sustainable development. This is an important cornerstone of Shui On Land’s business and it is reflected clearly in the Group’s commitment to integrating sustainability principles into all aspects of its operations.
In addition, Mr. Douglas Sung, Managing Director and CFO, was awarded Asia’s Best CFO in recognition of his strong leadership of Shui On Land as a public entity which has navigated carefully through difficult macro-economic conditions and achieved visible recovery in 2021.
These awards recognize the important work we are doing to build Shui On Land responsibly, support sustainable development for our Company and communities. Since the inception of our Company, sustainable development has been an integral part of our business, reflected in the commitment to preserving architectural and cultural heritage and building vibrant communities to support healthy living.
Mr. Sung said, “Our management team has always been committed to perpetuating a culture of integrity while maintaining high governance standards as we work to build the business effectively and ethically. Further, with the remarkable dedication and commitment from our full senior management team and all of our colleagues, Shui On Land has delivered strong performance amid a challenging macro environment. We see great potential ahead of us and I am confident we are well positioned to attain sustainable development in 2022 and beyond.”
The Asian Excellence Awards also honor companies that are focused on communicating well and openly with shareholders and Shui On Land has been recognized for its continued efforts in building a successful investor relations program.
Shui On Land believes that effective communication with shareholders is a crucial ingredient for enhancing the investment community’s understanding of its business and strategies. The Group also recognises the importance of transparency and timely disclosure of corporate information which enables shareholders and investors to make the most informed investment decisions. The Company is committed to continuing to maintain a regular and productive dialog with analysts and investors and enhance its communications efforts in this area going forward.
About "Asian Excellence Award"
The "Asian Excellence Award" is organized by one of the most authoritative corporate governance journals in Asia, Corporate Governance Asia. It is designed to recognize companies in the Asia Pacific region that have excelled in corporate governance and corporate leaders who have made outstanding achievements in the field of corporate governance. The organizer inspected thousands of companies in the Asia Pacific region through quantitative evaluation and interviews with investors to comprehensively measure the companies' strengths. The awards recognize companies with comprehensive outstanding performance in financial performance, corporate governance, corporate social responsibility, environmental protection, corporate communication, and investor relations in the past year. The award-winning companies of this year's 11th Asian Excellence Award also include China Mobile, China Telecom, China Unicom, China Overseas Land & Investment, CNOOC, PetroChina, Shui On Land, Sino Land, Sun Hung Kai Properties, and other well-known companies in the Asia Pacific region.