MAP Wins 3 Prestigious ASIA MONEY’s Best Corporate Governance Awards
Jakarta, 31st January 2013 – Indonesia’s leading retailer, PT Mitra Adiperkasa Tbk (MAP) was honored with 3 distinguished awards in AsiaMoney’s 2012 Corporate Governance Poll:
(1) Best for Investor Relations (2nd Position)
(2) Best for Corporate Governance (3rd Position)
(3) Best for Shareholders’ Right and Equitable Treatment (3rd Position)
Commenting on the awards, Fetty Kwartati, Corporate Secretary of MAP said: “MAP is indeed very honored to be given these awards. They are a testament to MAP’s relentless efforts to uphold the highest standards of corporate governance and transparency.”
Conducted annually by AsiaMoney to pick companies with the best corporate governance practices, winners were selected via a poll among CEOs, CIOs and senior executives from fund management and hedge fund companies in the Asia-Pacific region, as well as Heads of Research and senior analysts in brokerages across the region.
Criteria used to select winners include disclosure and transparency, efforts to promote and protect shareholders’ rights, fair treatment of shareholders as well as initiatives to improve investor relations.
Throughout 2012, MAP held regular meetings and conference calls with analysts and investors and participated actively in conferences and NDRs (non-deal shows) organized by local, regional and global securities houses in Indonesia and overseas. In total, MAP received widespread coverage from more than 15 securities houses with regular update throughout the year. For its strong financial conditions, prospect of growth and high transaction value and frequency, MAP was chosen as one of the constituent stocks of the Indonesia Stock Exchange ‘s LQ 45 Index for the period February to July 2013.
A multi-award company, MAP was listed in Fortune Magazine’s “Most Admired Companies” in 2012 and Forbes Magazine’s “Top 40 Companies” in 2011. Currently, the Company has a total of 1,383 outlets in 48 cities – including brand icons like SOGO, Starbucks, Zara, Marks & Spencer, Reebok, among many others.
About PT Mitra Adiperkasa Tbk
As per December 2012, MAP operates 1,383 retail outlets in 48 cities of Indonesia. Major retail concepts under the group include:
- Sogo, Debenhams, and Seibu.
- Zara, Marks & Spencer, Topman, Topshop, Next, Kipling, Lacoste, Nautica, Massimo Dutti, Pull&Bear, Dorothy Perkins, Miss Selfridge, Nine West, Stradivarius, Bershka, Samsonite, Linea, Steve Madden, Swatch, Loewe, BCBGMaxazria, MaxMara, Max&Co, Travelogue, Tumi, Sole Effect, Warehouse, H.E. by Mango, New Look, Staccato, Diva, DKNY, Crabtree & Evelyn, Desigual and Brook Brothers.
- Converse, Golf House, Payless ShoeSource, Planet Sports, Reebok, Rockport, Skechers, Sports Station, The Athlete’s Foot and The Sports Warehouse.
- Starbucks, Burger King, Domino’s Pizza, Pizza Marzano, Krispy Kreme, Cold Stone Creamery Ice Cream, and Chatterbox.
- Kidz Station, Oshkosh B’Gosh and Barbie Boutique.
- Kinokuniya and Alun Alun.
Apart from retailing, the group is also the leading distributor of over 90 international brands including Airwalk, Batman, Converse, Diadora, Lotto, Reebok, Speedo, Superman, Thomas & Friends, and many more. For more information about MAP please visit www.map-indonesia.com
For more information, please contact:
Fetty Kwartati
Corporate Secretary
PT Mitra Adiperkasa Tbk
Wisma 46, 8th fl. – Kota BNI
Jl. Jend. Sudirman Kav. 1
Jakarta 10220
Phone : 021 575 0755 (direct)
Fax : 021 574 0150
Email : fetty.kwartati@map.co.id