(The
Philippine Star) | Updated May 29, 2013 - 12:00am
MANILA, Philippines - Vista Land and
Lifescapes Inc., the Philippine Stock Exchange-listed flagship company of Sen.
Manny Villar, has garnered several awards from the prestigious Hong Kong-based
FinanceAsia magazine.
Based on the final tally of votes
for FinanceAsia’s 13th annual poll of Asia’s top companies, Vista Land ranked
number one in two key categories: “Best Mid Cap” company and “Best CFO.”
The company also made it to the top
10 in five other categories: Best Managed Company – 8th; Best Corporate
Governance – 5th; Best Investor Relations – 3rd; Best Corporate Social
Responsibility – 10th; Most Committed to a strong dividend policy – 6th.
Vista Land improved its ranking from 7th in “Best Investor Relations” and 4th
in “Best Mid Cap” in 2012.
For the second year in a row, Vista
Land’s Chief Financial Officer, Ricardo Tan, Jr., was voted number one by
investors and analysts across the region in the “Best CFO” category. Metro
Pacific Investments CFO David Nicol came in second, while Emmanuel Singson of
First Gen, Iker Aboitiz of Aboitiz Power, and Ismael Basa of Joillibee all came
in third equal.
Last year, Vista Land was the sole
winner of the “Best Investor
Relations award” from rival
publication Asiamoney, and also received a Best Investor Relations award from
CorporateGovernanceAsia.
CorporateGovernancAsia also cited
Vista Land as one of Asia’s Most Promising Companies in Corporate Governance in
2013.
Vista Land, the largest homebuilder
in the Philippines, posted a net income of P1.34 billion in the first quarter
of 2013, up 29 percent from P1.036 billion. The company is recognized for its
well-known housing brands: Camella, Brittany, and Crown Asia, and for its
themed and master-planned communities that offer quality housing across all
market segments countrywide.
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