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Investors adjudged International Container Terminal Services, Inc. as one of the Philippines’ best companies
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ICTSI was cited for good governance and financial excellence
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The company took home five awards at the recent 14thInstitutional Poll for Corporates by Alpha Southeast Asia
Investors adjudged International Container Terminal Services, Inc. (ICTSI) as one of the Philippines’ best companies in terms of good governance and financial excellence.
The company took home five awards at the recent 14th Institutional Poll for Corporates by Alpha Southeast Asia magazine.
Among the Philippines’ publicly listed companies, the poll by investors cited ICTSI as having the Most Organized Investor Relations and Most Consistent Dividend Policy. The company also placed fifth in having the Best Senior Management IR Support and Strongest Adherence to Corporate Governance.
ICTSI senior vice president, chief financial officer, and chief risk officer Emilio Manuel V. Pascua was cited as the country’s Best Chief Financial Officer.
The awards were handed out last July 9 in Singapore.
According to its website, ICTSI manages and operates container terminals in 19 countries worldwide, employing over 11,000 people. Their flagship operation is the Manila International Container Terminal (MICT), which serves as the country’s international trading gateway.
READ: ICTSI bags awards from investment institutions
Alpha Southeast Asia’s Corporate Institutional Investor Poll is a Southeast Asian-focused institutional investor poll on well-managed companies in the region naming both, well-perceived and controversially – poorly perceived companies in the region.
Each year approximately 400-500+ respondents take part in the poll.
Other best-managed companies cited in the Philippines are SM Investments Corp, GT Capital, Semirara Mining, Robinson Land, Vista REIT, Monde Nissin Corporation and PLDT.
In all, 38 publicly listed companies from across Southeast Asia were ranked this year and the list represents the crème-de-la crème of best practices whether it be on corporate governance, investor relations, disclosure, transparency, financial management, integrated reporting, CSR and/or dividend policy, according to Alpha Southeast Asia.
READ: DP World, ICTSI post strongest revenue growth among global port operators in 2023
