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AirAsia bolsters position as Malaysia’s best in Investor Relations

April 9, 2014 Corporate No Comments Email Email

AirAsia defended its position as Malaysia’s best in corporate governance by being the recipient of three coveted excellence awards in Investor Relations (IR) by Corporate Governance Asia for four consecutive years.  

The airline was presented with the awards of ‘Best Investor Relations Company for Malaysia’‘Best CEO (Investor Relations) for Malaysia’ and ‘Best Investor Relations Officer for Malaysia’, at the 4th Asian Excellence Recognition Awards 2014 ceremony held in Hong Kong.

AirAsia Group CEO Tan Sri Tony Fernandesfour-time ‘Best CEO (Investor Relations) for Malaysia’ award recipient–said, “Winning the Best CEO award four times in a row is amazing, but this is not a personal achievement but instead a reflection of great teamwork that we have in AirAsia.”

“We always implement transparent communication with our investors pertaining to our forward plans and also the difficulties that we faced in achieving our goals. This is important to reinforce the trust of all our investors, for us to move strongly forward and accomplish all our objectives for this year. We expect 2014 to be a strong year for us and we have set targets to ensure the company remains lean and profitable through various cost initiatives, such as focus on automation at the current LCCT and klia2 when it is completed.”

For AirAsia, it is the airline’s fourth ‘Best Investor Relations Company for Malaysia’ award r since the honour was introduced in 2011, a testament of its commitment in constantly ensuring greater transparency and improved engagement with the investment community.

Benyamin Ismail, AirAsia Berhad’s Head of Investor Relations who was awarded Corporate Governance Asia’s ‘Best Investor Relations Officer for Malaysia’ title for the fourth consecutive year said, “This is an unexpected win for me and I would like thank Corporate Governance Asia for the honour. This is further motivation to continue with our quest to provide transparent communication and the best engagement with our investors. This truly marks the IR team’s success in driving our initiatives among our investor community all over the region”.

The Asian Excellence Awards are designed to recognize the achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations.

These awards are also in the tradition of the high standards set and uphold by Corporate Governance Asia, the authoritative voice in corporate governance practices in the region. These honours are designed to inspire excellence among the different layers in corporate hierarchy, especially now that Asia continued to gain further recognition in the global arena as a favoured investment destination in view of its robust economic growth.

The ‘Best Investor Relations Company for Malaysia’ award from Corporate Governance Asia is AirAsia Group’s third accolade so far for 2014. In January, the airline received regional recognition at the 27th ASEANTA Awards for Excellence 2013 for ‘Best Asean Marketing & Promotional Campaign’ by the airline’s marketing team.

In the same month, AirAsia was also named by Euromoney as the winner of the ‘Best Managed Company in Asia for the Airlines & Aviation sector’, for the Euromoney Best Managed and Governed Companies – Asia Poll 2014.

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