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EQS-News / 01/12/2017 / 12:49 UTC+8
*Kerry Logistics Garners Two Wins at Directors of the Year Awards 2017 *
Hong Kong, 1 December 2017
Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) is
pleased to announce that the Group has garnered two wins at the Directors of
the Year Awards 2017 (the 'Awards') organised by The Hong Kong Institute of
Directors ('HKIoD'). The Board of Directors and Group Managing Director
William Ma were selected as the winner in the Boards category and the
Executive Directors category of the Listed Companies (SEHK - Hang Seng
Indexes Constituents), respectively. The Awards presentation ceremony was
held on 30 November 2017 at the Hong Kong Convention and Exhibition Centre,
with Chief Executive of HKSAR Mrs Carrie Lam Cheng Yuet-ngor as the guest of
honour.
Organised annually by the HKIoD and co-organised by the Financial Services
and the Treasury Bureau of HKSAR Government, Securities and Futures
Commission, and Hong Kong Exchanges and Clearing Limited, the Awards aim to
recognise outstanding boards and directors, and to promote good corporate
governance and director professionalism. The Awards this year have set as
its theme 'Belt and Road: Corporate Governance in Times of Opportunities',
which highlights the importance of good director practices for companies to
cope with the new opportunities and challenges derived from the Belt and
Road initiative.
The Board Award recognised the collective exemplary performance of the board
of directors. The HKIoD judges commented that the Board of Kerry Logistics
has been guiding the company to operate with integrity, transparency, and
accountability. Its establishment and maintenance of risk management,
internal control, and whistleblowing policies and systems were also
commended.
The Executive Director Award was conferred in appreciation of the
effectiveness, contribution, leadership, and business ethics of the
individual winner. William Ma attached great importance to those by applying
his deep knowledge about the industry to set up strategy and manage risk
from enterprise-wide perspective, the HKIoD judges remarked. His adherence
to transparency when communicating with the Board and management team was
likewise praised.
"We are deeply honoured to receive the two prestigious awards from the
HKIoD," said William Ma. "These awards acknowledge the dedicated efforts of
the Board and staff. The team has toiled over many years in places of
different languages, cultures, religious beliefs, and political systems. Our
journey has challenged us to move out of our comfort zones, and in the
process, strengthened our core belief: quality governance is twined with
operational excellence, ensuring sustainable value to customers and
shareholders."
"We are grateful to the awards committee for this encouragement. We remain
committed in upholding our best practices in corporate governance. This will
continue to drive Kerry Logistics' vision to become Asia's leading logistics
service provider, enabling us to maintain our competitive advantage to
capture opportunities in different markets globally and along the new Silk
Road, as well as to create long-term value to our shareholders and
stakeholders," William Ma added.
-End-
*About Directors of the Year Awards*
Directors of the Year Awards were first launched in 2001 as the first ever
such Awards organised in Asia. The project has now become an annual project
of impact in the community organised by the Institute together with over 80
Project Partners. To date, 157 Awardees have been recognised for their
achievements in demonstrating exemplary high standards in corporate
governance. Nominations of candidates are open to the public and are
processed in a well-defined and stringent set of procedures. Awards are
presented by company categories, viz Listed Companies, Private Companies and
Non-profit-distributing Organisations, and by capacities, viz Executive
Directors, Non-Executive Directors and Boards.
*About Kerry Logistics Network Limited (Stock Code 0636.HK)*
Kerry Logistics is an Asia-based, global 3PL with the strongest network in
Asia. Its core competency is providing highly customised solutions to
multinational corporations and international brands to enhance their supply
chain efficiency, reduce overall costs and improve response time to market.
It currently has more than 1,000 service points in 51 countries and
territories, and is managing 48 million sq ft of land and logistics
facilities worldwide, providing customers with high reliability and
flexibility to support their expansion and long-term growth. Kerry Logistics
Network Limited is listed on the Main Board of The Stock Exchange of Hong
Kong Limited and is a selected Member of the Hang Seng Corporate
Sustainability Index Series 2017-2018.
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Document title: KL Garners Two Wins at Directors of the Year Awards 2017-E
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(END) Dow Jones Newswires
November 30, 2017 23:50 ET (04:50 GMT)
