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.â€
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.