MB continues to be in the Top 3 businesses most loved by investors
Saturday, September 30,2023AsemconnectVietnam - Develop investor relations (IR) activities in a professional and effective manner, based on full compliance with legal regulations as well as promoting the application of good practices on transparent information disclosure. According to the announcement, MB continues to be listed in the Top 3 listed enterprises with large capitalization (Large Cap) most loved by investors.
On the morning of September 28, in Ho Chi Minh City, the Vietnam Association of Financial Administrators, Finance and Life e-Magazine and Vietstock.vn co-organized a ceremony to honor listed enterprises with 2023 Investors Relations Best Practice Awards (IR Awards 2023).
The event aims to recognize the efforts and achievements in standardizing investor relations of businesses, and at the same time, aims to raise awareness about the role of IR and the importance of developing operations. IR professionally, approaching international standards.
Following 2022, this year, MB continues to enroll in the Top 3 businesses most loved by investors. MB is highly appreciated by the IR Awards 2023 Organizing Committee as a listed enterprise that "complies with information disclosure activities, has strategic management, transparent financial communication, and achieves effective communication between businesses and the financial community and other components, thereby optimizing business value."
In 2022 and the first 6 months of 2023, MB has organized events, met, contacted, and exchanged with shareholders, investors, domestic and foreign analysts to update its operations. MB's operations, business results, strategies as well as discussions about the macroeconomic context, financial - banking situation and business environment in Vietnam. Thereby, information about MB's business activities is fully, quickly, promptly and accurately transmitted to investors and the market, contributing to maintaining its position in capitalization value as well as investment efficiency in MB shares. MB's capitalization as of June 30, 2023 reached VND91,586 billion, up 21% compared to the beginning of the year.
MB Bank in general and MB's investor relations activities in particular are always highly appreciated by funds, shown by the fact that MBB's foreign room is always fully purchased.
Sharing about IR activities, MB representative affirmed: "Understanding the importance of compliance, transparency, timeliness and equality in providing information about business operations to investors." Investment and information disclosure activities are always given special attention and focus by MB.”
In 2022, MB's annual report will be integrated with an ESG sustainable development report, ranking in the Top 7 best annual reports of listed businesses voted by investors according to the program of the Securities Commission and Securities and the Ho Chi Minh City Stock Exchange (HSX).
The awards and positive feedback from investors are testament to the dedication and continuous efforts in investor relations over the years, contributing to enhancing the image of MB and its member companies with shareholders, the investor community and domestic and international customers.
According to information from the IR Awards 2023 Organizing Committee, the honored businesses have gone through rounds of surveys, carefully and comprehensively quantifying information disclosure activities among 731 listed businesses within 12 months ( from May 1, 2022 to April 30, 2023); Evaluates IR activities through a scoring system from 33 leading financial institutions, along with votes from the investor community.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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