AirAsia Wins -Best IR Website (Mid Cap)- award while AirAsia X presented with Best IR for an IPO in 2013 award

Excellence continues with AirAsia’s win of Asiamoney’s ‘Best Managed Company for Malaysia (mid-cap category) Award’

KUCHING, 18 June 2014

AirAsia is on a winning streak this week as the airline won two prestigious awards, justifying its position as the most significant aviation company in Malaysia.

AirAsia won ‘Best Investor Relations Website (Mid Cap)’ award for 2014, making it the airline’s second consecutive accolade presented by the Malaysian Investor Relations Association (MIRA) at the 4th Malaysia Investor Relations Awards Ceremony held at the Sime Darby Convention Centre, Kuala Lumpur.

The award was presented to AirAsia by the Chairman of MIRA, Mr. Steven Tan Chek Chye. On hand to receive the award was AirAsia Berhad Corporate Finance Manager, Elina Effendi.

AirAsia Berhad’s CEO Aireen Omar said, “We would like to thank MIRA for the honour and proud to be the winner of this respected accolade for two years in a row. It is imperative for us to maintain utmost transparency, good corporate governance and of course, consistent and effective communication platform to be effectively in touch with our stakeholders globally.”     

AirAsia X was also presented with the ‘Best IR for an IPO in 2013’ award at the same occasion. AirAsia X Berhad’s CEO Azran Osman-Rani said, “Wow! We didn’t expect this recognition, but we thank MIRA for it. We were relieved to have completed the IPO amidst a challenging equity market period and raised the funds that we needed to fuel our expansion plans. We will work harder realise the value potential for AirAsia X as we build ourselves to be the world’s number one long-haul LCC.”

Established in June 2007 by Bursa Malaysia and funded by the Capital Market Development Fund, MIRA is the first and only professional association committed to promote good practice of IR by public listed companies. MIRA also plays an important role in developing and advancing the professional development of IR practitioners in Malaysia.

AirAsia continues its gallant performance by winning the ‘Best Managed Company for Malaysia (mid-cap category) Award’ recently, in the Best of the Best Managed Company Award, organized by Asiamoney in conjunction with its 25th year in publication.

This year’s Best of the Best Managed Company Award was based on data collected since the accolade was introduced, and a particular company’s past year performance was evaluated by top executives from fund management and research houses.   

This is AirAsia’s third top award from Asiamoney, where the airline’s win was measured against a list of criteria which includes profitability, market leadership and innovation.

Aireen commented, “We are proud to be recognized as the Best Managed Company for Malaysia in the mid-cap category once again. This is a great win for us and will further boost our efforts for 2014. In just 12 years, we successfully positioned ourselves as a leading low cost airline in the region, with successful airline affiliates in Malaysia, Indonesia, Thailand, the Philippines and India recently under the AirAsia Group.

“We will continue with our quest to provide the best services and not forgetting, placing even greater emphasis on cost management, quality and innovation in order to maintain our leadership in the market and remain as the lowest cost airline. Given the competitive nature of the industry, we can’t afford to be complacent with our achievements, but instead continue to work hard to achieve greater heights.”

At present, AirAsia Berhad has a market capitalization of RM6.8 billion, with Group pro forma revenue of RM8.65 billion for the full year of 2013. 

Every year, Asiamoney awards companies and executives from each major economy in the Asia-Pacific region for exceptional management resulting in strong financial performance and revenue growth.

The panel of judges for the annual awards comprises renowned global professional investors, financial analysts, brokers and well-established members of the regional investment community. Asiamoney Awards is an initiative by the influential Asiamoney financial magazine.

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