Asiamoney picks Vista Land as ‘Best for Investor Relations’

MANILA, Philippines - Manny Villar-owned Vista Land and Lifescapes, the country’s leading homebuilder, is the best company in the country for investor relations, according to the results of Asiamoney magazine’s 8th annual corporate governance poll.

The Hong Kong-based publication tallied votes from 137 CEOs, CIOs, senior executives from fund management and hedge fund companies in the Asia-Pacific region, as well as heads of research and senior analysts in brokerages across the region.

The results were revealed in the January 2013 issue of Asiamoney magazine. Only one company in the Philippines is cited as the “Best in Investor Relations” in Asiamoney’s annual poll.

Vista Land, which was listed on the Philippine Stock Exchange in 2007, prevented Ayala Corp. from making a clean sweep of all categories in the poll, which included best for corporate governance, disclosure and transparency, responsibilities of management and the board of directors, and for shareholder’s rights and equitable treatment.

“We are pleased to see our efforts in building strong relationships and improving communication with the financial community being recognized,” said Ricardo B. Tan  Jr., Vista Land chief financial officer.

“Our team will continue to work harder to further improve transparency and encourage feedback from investors, analysts, and other stakeholders,” he added.  

The recent Asiamoney magazine poll further reinforces the results of a similar international poll conducted by rival publication FinanceAsia Magazine last year, which placed Vista Land among the top five in the “Best mid-cap” category, and among the top 10 “Best Investor Relations.”

Manuel Paolo Villar, president and CEO of Vista Land, stated: “I am extremely honored to see that Vista Land has been voted by key executives in the Asian region as the “Best in Investor Relations in the Philippines” in the recent poll conducted by Asiamoney magazine. 

He added: “As I have said before, we will continue to strive to improve our standing both at home and in the international financial community, and hopefully we will continue to reap the rewards of our hard work in the future.”