16:08 (GMT +7) - Wednesday 21/08/2019

Banking & Finance

Novaland receives 'Best Investor Relations 2019' award

Released at: 11:55, 10/08/2019

Novaland receives 'Best Investor Relations 2019' award

Photo: Novaland

Local real estate developer named among leading listed companies in terms of investor relations.

by Hung Cao

Vietnamese developer the Novaland Group was honored among the top 3 listed companies with the best investor relations, as voted on by reputable financial institutions at the “Best Investor Relations 2019” awards ceremony organized by Vietstock in cooperation with Finance and Life (FiLi.vn).

The 2019 awards were the ninth holding and sought to raise awareness among listed companies and improve transparency in corporate governance, contributing to the development of enterprises in particular and Vietnam’s stock market in general.

Shortlisted in the 259 listed companies that met stringent standards on information disclosure in 2019, Novaland passed all rounds of voting and was named in the top 3 listed companies with the best investor relations activities.

2019 has been a remarkable year, with impressive changes in Novaland’s investor relations department. As one of the largest real estate developers in the country, it is committed to conducting investor relations in a transparent, timely, and efficient manner.

All policies and activities related to its shareholders and investors are not only in compliance with Vietnamese laws but also aim to meet international standards such as the ASEAN regional corporate governance score card.

During the past year, in addition to being proactive and transparent in fulfilling information disclosure, Novaland’s investor relations department has conducted a range of activities to strengthen relations between the company and local and international investors, financial institutions, investment funds, and partners.

With success in organizing quarterly Analyst Meetings and Earnings Calls, meeting with investors and financial partners, participating in investment conferences held by reputable financial institutions, and releasing regular newsletters to update investors and shareholders about the company’s business performance, Novaland has won the long-term trust and support of investors as well as financial institutions.

Founded in 2001, Vietstock’s ambition is to create a foundation for the development of and to provide long-term support to the investor community. The Vietstock.vn portal was launched in 2002 and quickly gained a high reception rate from investors, while the Vietstock Securities Forum has attracted more than 160,000 members.

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