Adaro, Astra International & Bank Mandiri Score Highly with Investors

2014-06-16 10:00 1567

Mansury Voted Best CFO

JAKARTA, Indonesia, June 16, 2014 /PRNewswire/ -- Today, Alpha Southeast Asia revealed the results of their fourth annual poll to find Southeast Asia's top companies.  The awards are based on tallied votes among 477 investors, pension funds, hedge funds, equity and fixed income brokers and analysts with investment interests in the Southeast Asia region. Listed-companies in Thailand, Singapore, Malaysia, Indonesia and the Philippines were ranked according to institutional investors' perceptions of their performance in financial management, adherence to corporate governance, integrated reporting/ corporate social responsibility and investor relations.

In Indonesia, five leading companies with the best perception among investors include automobile and agribusiness conglomerate Astra International, miners Adaro Energy and Antam, leading bank Bank Mandiri as well FMCG behemoth Matahari Putra Prima.

Across the region, the award for the Strongest Commitment to Sustainable Energy in Southeast Asia went to Thailand's leading integrated energy company Thai Oil for the third consecutive year. Best CFO in Southeast Asia went to Bank Mandiri's Group CFO Pahala Mansury, responsible for managing the financial resources of its growing domestic and regional footprint.

In contrast, Bumi Resources, Harum Energy and Tambang Bukit Asam did not score well with investors due to "perceived" poor management access and unpredictable investor relations' strategy.

Results for Indonesia are as follows (ranked according to most # of votes):

  • Most organized investor relations (IR): Astra International (#1), Bank Mandiri (#2), Adaro Energy (#3)
  • Best Senior Management IR Support: Astra International (#1), Bank Mandiri (#2), Matahari Putra Prima (#3)
  • Strongest Adherence to Corporate Governance: Bank Mandiri (#1), Adaro Energy (#2), Antam (#3)
  • Best Strategic CSR: Adaro Energy (#1), Astra International (#2), Bank Mandiri (#3)
  • Most Improved Investor Relations: Matahari Putra Prima
  • Best CFO in Indonesia and Southeast Asia: Pahala Mansury, Bank Mandiri
  • Best Annual Report in Indonesia: Adaro Energy
Source: Alpha Southeast Asia