Sunway Excels at Nacra 2015

Clement Chen, Assistant General Manager, Sunway Group Corporate Finance receiving the Industry Excellence Award for Properties and Hotel category from Deputy Minister of Finance, YB Datuk Chua Tee Yong

Ninth consecutive win for Properties and Hotels category

Fourth consecutive win for REITS and Investment Funds Category
Sunway Group has, once again, clinched two Industry Excellence Awards at the National Annual Corporate Report Awards (NACRA) 2015 for two categories – the Properties and Hotel category as well as the Real Estate Investment Trusts (REITs) & Investment Funds category. This is Sunway Berhad’s ninth consecutive win, and Sunway REIT’s fourth consecutive win in the respective categories.

NACRA is a collaborative effort of Bursa Malaysia Berhad, Malaysian Institute of Accountants (MIA) and The Malaysian Institute of Certified Public Accountants (MICPA). NACRA has been the epitome of corporate reporting excellence and accountability. The objectives of NACRA are to promote greater and more effective communication by organisations through the publication of timely, informative, factual, reader-friendly annual reports and promote higher standards of corporate governance. The Industry Excellence awards are presented to companies listed on the Main Market and the ACE Market, which have achieved excellence in annual reporting.

“As a Group, Sunway believes in strong corporate governance by ensuring transparent and fair corporate reporting. We are honoured that our efforts in this regard continue to be recognised and our win at NACRA is testament of the Group’s unwavering focus on these qualities,” said Chong Chang Choong, Chief Financial Officer of Sunway Berhad.

“We are truly humbled to be receiving this award for four consecutive years. This award serves as a testimony for our continuous endeavor in adopting the highest standard of disclosure, transparency, corporate governance and corporate reporting excellence. We strive to continuously introduce new initiatives in these areas to achieve the highest quality and integrity of the Manager. In FY2014, Sunway REIT has adopted poll voting at its first Annual General Meeting and adoption of a statement on diversity and inclusion policy. This is followed by launch of digital board papers for Board meetings and formalization of sustainability framework in FY2015,” said Dato’ Jeffrey Ng, CEO of Sunway REIT Management Sdn. Bhd.

Since the listing of Sunway REIT in 2010, Sunway REIT is a multiple awards winner in corporate reporting excellence and corporate governance. In 2011, Sunway REIT was bestowed the APREA’s Merit Award for Emerging Markets – Market Disclosures. In 2012, Sunway REIT emerged as the overall winner for APREA Awards 2012 for Emerging Markets alongside with six Merits Awards for Emerging Markets Accounting and Financial Reporting, Corporate Governance, Portfolio Management, Market Disclosure, Most Improved in Adoption of Best Practices and Best Country Submission – Malaysia. In 2013, Sunway REIT clinched Global Excellence Awards – Corporate Governance (Private Sector) by Management Institute of Malaysia.

For more information on Sunway Berhad, please visit www.sunway.com.my and for more information on Sunway REIT, please visit www.sunwayreit.com.

Wai Sow Fun, Chief Financial Officer, Sunway REIT Management Sdn. Bhd receiving the Industry Excellence Award for the Real Estate Investment Trusts (REITs) & Investment Funds from Deputy Minister of Finance, YB Datuk Chua Tee Yong