NEW YORK, March 25 /Xinhua-PRNewswire/ -- MZ Consult NY LLC
( http://www.mz-ir.com ), a leading investor relations and financial communications firm, jointly with IR Global Rankings’ supporting entities (KPMG, NYSE Euronext, Arnold & Porter, Bank of New York Mellon, Demarest & Almeida, PR Newswire and Bloomberg), announced today the winners for the 2008 Investor Relations Global Rankings ( http://www.irglobalrankings.com ) in Asia, Pacific & Africa. The 10th annual IR Global Rankings ceremony was held at The Intercontinental the Grand New Delhi, in India, after a comprehensive technical review of 160 registrants from 32 countries.
The best IR websites by technical criteria in the region were: Infosys Technologies (Nasdaq: INFY); also best in global industry; Nedbank Group (XETRA: NCO.DE); Telkom (NYSE: TKG); Sappi (NYSE: SPP); and Satyam (NYSE: SAY). The best IR website in China was China Telecom (NYSE: CHA); and in India Infosys Technologies Ltd (Nasdaq: INFY). Global Sources (Nasdaq: GSOL); was awarded the best in the small/mid cap category, and the best annual report was that of Telkom (NYSE: TKG); also best in global industry. The winner by direct vote (investors and analysts) was Kotak Mahindra Bank (BSE: 600247.BO), for all categories.
Companies with the best corporate governance practices by technical criteria were: Infosys Technologies (Nasdaq: INFY), also best in global industry; Satyam (NYSE: SAY); ICICI Bank, also best in global industry (NYSE: IBN); Bursa Malaysia Berhad (OTC: BSAMF.PK); and Kotak Mahindra Bank (BSE: 600247.BO). Global Sources (Nasdaq: GSOL) was awarded the best in the small/mid cap category.
Finally, the best financial disclosure procedures by technical criteria were: Sappi (NYSE: SPP); Telkom SA Limited, also best in global industry (NYSE: TKG); Satyam (NYSE: SAY), also best in global industry; Partner Communications Company (Nasdaq: PTNR); and MTR Corporation (Hong Kong: 0066.HK). Global Sources (Nasdaq: GSOL) was awarded the best in the small/mid cap category. The best financial disclosure procedure was MTR Corporation (Hong Kong: 0066.HK) in China, and Satyam (NYSE: SAY) in India.
The IR Workshop (best practices and trends for IR websites, corporate governance and financial disclosure procedures) and the Award Ceremony for Latin America will be held on March 31 at 9 am, at Plaza Centenario, Av. Nacoes Unidas, 12.995, Brooklin, Sao Paulo, SP, 04578-911 Brazil
IR professionals can confirm their attendance by sending an e-mail to irgr@mz-ir.com. The events are free of charge, but confirmation of reservation is contingent on seat availability.
For further information, please contact Amanda Munhoz at irgr@mz-ir.com or by phone at +1-212-813-2975.
About IR Global Rankings: Solid communication with the investment community has become a key priority for investor relations and corporate governance professionals in recent years, driven by the strong belief that stock prices and risk perception can be managed, the implementation of Fair Disclosure and other new regulations, and the growing importance of transparency for earning and maintaining investor confidence. The IR Global Rankings and Awards annual survey - supported by KPMG, NYSE Euronext, Arnold & Porter, Demarest & Almeida, The Bank of New York Mellon, Bloomberg and PR Newswire - is the most comprehensive auditing and ranking system for IR websites, corporate governance practices and financial disclosure procedures. Based on extensive proprietary research of publicly held companies and investors, and supported by input from independent auditors, corporate governance and legal experts, MZ’s methodology is highly detailed, transparent and fully accessible to all participants. The annual IR Global Rankings and Awards Survey has grown each year since its inception in 1999 ( http://www.irglobalrankings.com ).
