HONG KONG, Dec. 10, 2015 /PRNewswire/ -- Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 636.HK), a leading logistics service provider in Asia, has been honoured with the Hong Kong Corporate Governance Excellence Awards 2015, jointly presented by The Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy, Hong Kong Baptist University.
The Hong Kong Corporate Governance Excellence Awards (the "Awards"), inaugurated in 2007, are designed to promote and highlight excellence in corporate governance practices of Hong Kong listed companies. Winners went through rigorous selection to demonstrate their outstanding commitments to nine key aspects, namely shareholder rights, compliance, integrity, fairness, responsibility, accountability, transparency, board independence & leadership, and corporate social responsibility. Special attention was given to companies that showcased innovation and significant improvements in corporate governance and/or sustainability made over the last three years.
This year's judging panel of leading experts from the fields of regulation, financial, investment, accounting, legal and academic praised Kerry Logistics for its "world-class aspiration of achieving good corporate governance". They also highlighted how Kerry Logistics' diligent and disciplined board "reflected the company's determination to have top calibre people with the right professional background leading its business".
William Ma, Group Managing Director of Kerry Logistics, said, "This is the first corporate governance related award Kerry Logistics has received since our listing on the HKEx two years ago, and we are honoured to be amongst such a high pedigree of peer participants. We would like to thank the esteemed panel of distinguished judges for bestowing us this recognition. We share this accomplishment with everyone at Kerry Logistics who has contributed to upholding the highest standards of corporate governance."
As the Hong Kong market embarks on increased connectivity, investors look to solid corporate governance as an indication of quality and investment worthiness. The Awards aim to instil investor confidence as they seek for higher assurances.
About The Hong Kong Corporate Governance Excellence Awards
The Hong Kong Corporate Governance Excellence Awards are conferred annually since 2007 by The Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy, Hong Kong Baptist University and are designed to promote and award excellence in corporate governance of listed companies in Hong Kong. There are 3 award categories, namely the Hang Seng Index Constituent Companies; Hang Seng Composite Index Constituent Companies and other Main Board & GEM Board Companies. Special prizes/honorable mentions may also be awarded.
About Kerry Logistics Network Limited (Stock Code 636.HK)
Kerry Logistics is Asia's leading logistics service provider with extensive operations across Greater China and the ASEAN region. Its core competence is providing highly customised solutions to multinational corporations and international brands to enhance their supply chain efficiency, reduce overall costs and improve response time to market. It currently has more than 550 office locations in 40 countries and territories, and is managing 43 million sq ft of logistics facilities worldwide, providing customers with high reliability and flexibility to support their expansion and long-term growth. Kerry Logistics Network Limited is listed on the Hong Kong Stock Exchange and is a selected Member of the Hang Seng Corporate Sustainability Index Series 2015-2016.