Sun Hung Kai Properties' (SHKP) efforts to maintain high standards of corporate governance and investor relations are widely lauded in the investment community. It was recently placed among the Best for Corporate Governance in Asia by the noted Corporate Governance Asia magazine for the fourth year running. SHKP was also put at the top in the property sector of the Best Shareholder Friendly Companies in Asia by the leading international magazine Institutional Investor for the second year in a row. It was the only Hong Kong developer with this honour, reflecting its leading position.

Best Corporate Governance in Asia for fourth year running

The Corporate Governance Asia poll covered several thousand companies in mainland China, Hong Kong, Singapore, Korea, Indonesia, Malaysia, the Philippines, Taiwan and Thailand. The judges looked at criteria including corporate governance track record, rights of shareholders, disclosure and transparency, investor relations, board and management discipline, corporate social responsibility, audit and remuneration committees and effective monitoring. SHKP's high standards earned it a place as one of the Best for Corporate Governance in Asia for the fourth time, showing wide recognition for its high standards.

Two-time Best Shareholder-Friendly Property Company in Asia

The Institutional Investor poll asked research analysts and portfolio managers at leading international money management firms about Asian companies' investor relations performance and named the top shareholder friendly companies in Asia. The winning companies stand out as the most open, responsive and forthcoming in their relationships with shareholders. SHKP ranked first among the Best Shareholder Friendly Companies in the property sector, as its excellent investor relations win wide acclaim and set the standard in Asia.

SHKP Executive Director Michael Wong was pleased with the two honours, saying: "We have seasoned management, clear and consistent business strategies and good corporate governance practices, which serve the company's long-term interests and those of its shareholders. We also give top priority to investor relations and strive to enhance communication with the market and investors. These latest international honours are notable recognition of SHKP's sustained efforts. We will continue to maintain effective and stringent monitoring mechanisms to ensure a high standard of corporate governance and achieve the best returns for the company and shareholders to stay in the leading position."