SCCyberworld

Friday, September 23, 2011

MAXIS TAKES THE VOTE, AT THE FINANCE ASIA BEST MANAGED COMPANIES AWARDS 2011

Regional financial community recognises Maxis’ continuing strong performance built on solid fundamentals and best practices

Kuala Lumpur, 23 September 2011
Maxis Berhad (Maxis), Malaysia’s leading integrated communications service provider, received honours in seven categories at the Finance Asia Best Managed Companies Awards 2011 on 22 September, attended by Malaysia and Asia’s corporate icons.

Maxis’ Chief Executive Officer Sandip Das and Maxis’ Chief Financial Officer Nasution Mohamed, each ranked amongst the top three in the Best CEO and Best CFO categories, counting votes cast by over 300 investors and analysts across Asia. Both were present at the awards dinner at the Mandarin Oriental Hotel Kuala Lumpur, to receive their honours. Sandip Das also received on behalf of Maxis, honours for the company’s being voted into the top ranks of Malaysia’s Best Managed Companies; for being Most Committed to Dividend Policy; and for Best Corporate Governance, Best Investor Relations and Best Corporate Social Responsibility.
(L-R) Maxis’ Chief Executive Officer Sandip Das; receives from Didi Yahya, Managing Director, Head of Investment Banking – Malaysia, JP Morgan, the award given to Maxis as one of the region’s Best Managed Companies for 2011.

Sandip Das said, “This recognition is very satisfying and humbling. We know how hard the Maxis team works internally towards its commitment of being a financially disciplined and well-grounded company. It’s a DNA that has been embedded early in its life by its shareholders, who have demanded nothing short of excellence in this area. We are grateful to the investors, financial analysts, fund managers and readers of Finance Asia as a whole who voted for us. We are pleased to have achieved all that we had hoped to at the time of returning to the stock market. Our continued endeavour to focus on the enrichment of our customers’ experience underlines our commanding market leadership. We hope to continue to deliver industry-leading EBITDA margins, to strengthen business fundamentals, to raise service standards, and to pursue a progressive dividend policy.”(L-R) Maxis’ Chief Financial Officer Nasution Mohamed; receives from Didi Yahya, Managing Director, Head of Investment Banking – Malaysia, JP Morgan, an award for being one of the region’s best Chief Financial Officers for 2011.

Maxis’ commitment to outstanding corporate governance, revolves around its Board’s focus on the tenets of transparency, accountability, integrity, and corporate performance as the prerequisites of a responsible corporate citizen. In line with this, the Company has an active Investor Relations programme, and is committed to maintaining effective communications with its investors and the investment community. Maxis is also steadfast in nurturing Malaysian talent, through the Maxis Scholarship for Excellence (MSEA) awards, which since 2005 has invested close to RM32million into local and overseas scholarships for undergraduate and postgraduate students. Its flagship Maxis Cyberkids Camp project has equipped approximately 8,500 students and teachers from about 1,500 schools to date, with technological skills for a rapidly evolving world.

Finance Asia is based in Hong Kong, and is a leading provider of financial news and analysis to Asia’s corporate and investor community. This year marks its 11th annual Best Managed Companies poll of Asian countries’ leaders of industry, to single out those which are under exemplary stewardship, in nine categories of performance.

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