AWC bags Best Company for Investor Relations Award
SUBANG JAYA: AWC Bhd ( AWC) , a wel l- establ ished engineering services provider won “Best Company for Investor Relations ( Micro Cap Category)” at an awards ceremony held on Thursday.
The highly coveted and prestigious awards were presented to AWC at the 6th Malaysia Investor Relations Awards ceremony hosted by the Malaysian Investor Relations Association ( MIRA) held at the Sime Darby Convention Centre, Kuala Lumpur.
Meanwhile, the group was nominated for “Best CEO for Investor Relations ( Micro Cap Category)”, “Best CFO for Investor Relations ( Micro Cap Category)”, “Best Investor Relations Website ( Micro Cap Category)”, “Best Investor Relations Professional ( Micro Cap Category)” and “Most Improved Service from Investor Relations Team ( Micro Cap Category)”.
The 6th Malaysia Investor Relations Awards is the largest annual event in MIRA’s calendar to honour the individuals and companies that lead the way in the practice of Investor Relations (“IR”). MIRA engaged NASDAQ to conduct the Malaysian IR Survey that collects responses from some 2,200 members of the buy and sell-sides.
The ceremony was graced by Ahmad Fairuz Zainol Abidin, deputy chief executive officer of Securities Commission Malaysia and Datuk Seri Tajuddin Atan, chief executive officer of Bursa Malaysia.
Commenting on this prestigious award, AWC’s managing director and group chief executive officer, Ahmad Kabeer said, “We are delighted that having firm IR plans and strategies for the company has borne fruit.
“We strongly believe that maintaining a clear channel of communication with our shareholders and stakeholders is integral to our success going forward.”
AWC is a well- established engineering services provider specialising in integrated facilities management, plumbing & rainwater harvest ing, mechanical & electrical services and automated pneumatic waste collection systems.
AWC provides total asset management services and is the concessionaire for integrated facilities management for the Southern Zone and Sarawak.
They are also an international leader in the design and supply of automated pneumatic waste collection system with a proven track record in Malaysia, Singapore, Hong Kong and the Middle East.
President and chief executive officer Datuk Dr Aminar Rashid Salleh said Perodua expects to maintain its total sales this year at 216,000 based on demand for the new sedan.
“There is a possibility that our market share may go up further to 37 due to the softness of local TIV which has been revised downwards.
“It’s a soft market. However, we are keeping to our number, that is 216,000. It’s going to be challenging and we are cautiously optimistic,” he told a press conference prior to the launch of ‘Bezza’ here late Thursday night.
The Malaysian Automotive Association has recently revised its 2016 TIV forecast downwards to 580,000 units from 650,000 initially due to lower vehicle sales in the first half of this year.
The “A” segment compact sedan Bezza is the first Perodua vehicle whose upper body was fully designed by Malaysians since 2014 with the support of Daihatsu of Japan. Turn to Page B2, Col 4