(Hong Kong, January 17, 2014) Hang Lung Properties Limited (HKSE stock code: 101) is pleased to announce that it has garnered the Gold Award in The Asset Triple A Corporate Awards 2013, the second year in a row it has won such a prestigious honor.
Organized by The Asset, a financial magazine renowned in Asia, The Asset Triple A Corporate Awards recognize top corporates in the region that demonstrate all-round excellence in financial performance, management acumen, corporate governance, social responsibility, environmental responsibility and investor relations.
As enshrined in Hang Lung Properties’ motto of “We Do It Right”, it is vital that the Company lives up to the finest qualities and high standards to which it holds dear. The coveted honor speaks volumes for Hang Lung’s steadfast commitment to maintaining exacting standards of business management, accountability and transparency throughout its operations, vindicating its drive for sustainability and serving the best interests of its stakeholders over the long term.
Hang Lung Properties was identified for the honor in a rigorous benchmarking process that took the form of both an electronic survey in which companies were asked to evaluate different aspects of their corporate endeavors, as well as a telephone interview during which institutional investors in the region were consulted for their views. Points scored for both quantitative and qualitative factors were combined to determine the winners.