June 23, 2021: Diversified Sri Lankan conglomerate Sunshine Holdings (CSE: SUN) emerged as the Gold awardee for Best Investor Relations at the eighth annual CFA Sri Lanka Capital Market Awards 2021, the annual flagship event of the CFA Society Sri Lanka. This is the third time that Sunshine Holdings’ investor relations practices were honoured at this esteemed awards ceremony.
For the ‘Best Investor Relations’ award, several companies were shortlisted based on the strength of their investor relation practices. Accessibility of management, quality, transparency and fairness in their disclosures and the company’s reaction to reports that are not necessarily favourable were some of the attributes evaluated by an expert panel of judges. Sunshine Holdings’ efforts towards maintaining effective and transparent two-way communications with the investment community through different communication channels were honoured at the awards ceremony.
Commenting on this exceptional achievement, Vish Govindasamy, Group Managing Director of Sunshine Holdings said, “At Sunshine, we fully recognise our responsibility towards our investors, both local and foreign as well as institutional and retail. The award is a clear testament to the considerable efforts which our management and Investor Relations team made to fulfil our commitment to transparent and timely communication with the investment community as well as to best corporate governance practices.”
Oragnised under the theme ‘Investing with Purpose’, this year’s awards ceremony was held virtually on 22nd June, with a panel discussion featuring prominent industry leaders. This year’s event highlighted the emergence of environmental, social and governance (ESG) factors as a crucial component of the investment process with investors increasingly incorporating ESG data to garner a more complete understanding of the entities they invest in.