Snippets
Bridging investments through investor relations
 11 Oct 2017 20:00
Ahmad Fairuz delivering his keynote address at the MIRA Investor Relations Awards 2017

Listed companies must communicate effectively on sustainability issues material to the organisation, says Securities Commission deputy CEO Datuk Ahmad Fairuz Zainol Abidin.

 

Speaking at the Malaysia Investor Relations Association (MIRA) Investor Relations Awards 2017, he says there is a growing recognition that sustainability can have a significant effect on company performance and its ability to provide long-term value to its stakeholders.

 

“Sustainability, long considered ‘good to have’, is scaling the agenda in boardrooms. Boards are increasingly expected to consider sustainability issues as part of their strategy and have a good understanding of the company’s sustainability practices.

 

“Investors are increasingly integrating consideration of these sustainability issues and metrics into their decision-making,” he adds.

 

The annual awards, which is in its seventh year, is held in conjunction with MIRA’s 10th anniversary as a non-profit organisation for investor relations under Bursa Malaysia.

 

A total of 25 awards in 10 categories polled according to market capitalisation were presented. HSS Engineers Bhd emerged as the top winner, bagging four wins: Best company for investor relations (micro cap), best CEO for investor relations (micro cap), best investor relations professional (micro cap) and best quality of one-on-one meetings.