HONG KONG, June 20, 2016 /PRNewswire/ -- Hang Lung Properties Limited is pleased to announce that the Company, for the fifth straight year, has been awarded at the Asian Excellence Recognition Award by Corporate Governance Asia. This year, Hang Lung clinched five honors including "Asia's Best CSR", "Best Environmental Responsibility" and "Best Investor Relations Company (Hong Kong)". Mr. Philip Chen, Managing Director of Hang Lung, was again named "Asia's Best CEO (Investor Relations)", while Mr. CF Kwan, Assistant Director (Corporate Communications), was named the "Best Investor Relations Professional (Hong Kong)".
Inaugurated in 2011 by Corporate Governance Asia, the Asian Excellence Recognition Award is designed to recognize excellence in financial performance, investor relations and communications, business ethics, corporate social responsibility and environmental practices undertaken by the finest executives and corporations in Asia. With a judging process involving investors across the region and readers of the magazine, the five honors received are further testimony to Hang Lung's dedication and its commitment as well as initiatives for strengthening investor relations and upholding a stringent and transparent corporate governance structure.
Hang Lung sees strong governance as the foundation for delivering its corporate objectives of maximizing economic, environmental and social returns to stakeholders over the long term. The Company is dedicated to maintaining a high standard of corporate governance by appointing professionals with diverse academic backgrounds and qualifications into the Board, adopting effective internal controls and risk management systems, and by promoting a culture of integrity through various staff engagement initiatives, which also underline how the Company's business philosophy of We Do It Right is embedded in its daily operations.
About Hang Lung Properties
Hang Lung Properties Limited (HKSE stock code: 00101), a constituent stock of the Hang Seng Index and Hang Seng Corporate Sustainability Indices in Hong Kong, is a leading real estate developer operating in Hong Kong and mainland China. Boasting a diversified portfolio of investment properties in Hong Kong, the Company has progressively branched out into the Mainland since the 1990s, with our distinctive footprint now fully established in Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming and Wuhan, with all the Mainland projects carrying the "66" brand. As Hang Lung's business continues to grow, the Company is set to develop into a highly admired national commercial property developer in China.
