Business

Sunshine Holdings wins silver at CFA Capital Market Awards

Diversified conglomerate Sunshine Holdings (CSE: SUN) was conferred with the silver award for Best Investor Relations at the recently concluded CFA Sri Lanka Capital Market Awards 2019, the annual flagship event of the CFA Society Sri Lanka.

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 achievement, Sunshine Holdings Group Managing Director Vish Govindasamy 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.”

Sunshine keeps their stakeholders abreast of the group’s latest developments through a wide range of channels, including meetings with investors, fund managers, and analysts; investor conferences; and results presentations. Innovation has played a crucial role in strengthening Sunshine’s investor relations further as the company has successfully conducted several quarterly investor meetings through its webinar system during the last financial year. Furthermore, Sunshine’s corporate website has a separate section on investor relations where it provides access to interim quarterly reports and past online investor forums.

“Looking ahead, in a professional and socially responsible manner, Sunshine Holdings will continue to adhere to its proven practices, strive to maintain good investor relations, and achieve outstanding corporate governance to create sustainable values for shareholders,” Govindasamy further commented.

The company has taken a proactive approach in holding self-arranged meetings to reach out to shareholders and potential investors. From 2013, Sunshine has been a consistent participant of the “Invest Sri Lanka” roadshow organised by Colombo Stock Exchange, which was held in the UK, the US, and Singapore. Sunshine Holdings is also committed to responsible reporting as the company adheres to international reporting standards in presenting its integrated annual reports. Their annual reports, which won several prestigious accolades, continue to focus on the company’s strategy, operational and financial performance, and plans across their diversified operations.