MANILA, Oct. 11 (PNA) — The Philippine Stock Exchange, Inc. (PSE) is set to give recognition to listed companies and trading participants that serve as benchmarks for good corporate governance through the 4th PSE Bell Awards.
The awarding ceremony will be held on Nov. 25 at the Makati Shangri-La Hotel.
“The PSE recognizes the crucial role good governance plays in ensuring sound corporate practices and safeguarding investor confidence. We hope that through the Bell Awards, we continue to encourage all our listed companies and trading participants to excel in corporate governance,” PSE President and Chief Executive Officer Hans B. Sicat said.
Since 2012, the PSE has been evaluating listed companies based on their compliance with the Exchange’s corporate governance guidelines and compliance with relevant rules and regulations.
The PSE has also been assessing trading participants based on their performance in regulatory audits and compliance with market regulations and trading rules.
In 2014, the listed companies that received the Bell Awards were Aboitiz Power Corp., Ayala Land Inc., Cebu Holdings Inc., China Banking Corp., and Manila Water Company Inc.
The awardees in the large trading participants category were Deutsche Regis Partners Inc., First Metro Securities Brokerage Corp., and Maybank ATR Kim Eng Securities Inc., while the recipients of the Bell Awards in the small trading participants division were I. B. Gimenez Securities Inc., JSG Securities Inc., and R. S. Lim & Company Inc. (PNA)