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Business

Clarification on Institutional Investor’s list of honored firms

The Philippine Star

MANILA, Philippines — Institutional Investor Research clarified yesterday that six Philippine firms were included in the list of honored companies in Asia in Institutional Investor’s 2022 Asia (ex-Japan) Executive Team Survey.

These are Metro Pacific Investments Corp. International Container Terminal Services Inc. D&L Industries Inc., Century Pacific Foods, PLDT Inc. and Bank of the Philippine Islands. Among the six companies, MPIC earned the “most honored company” title while the five others were named “honored companies.”

Honored Companies are those who achieved at least one published position. To earn the designation of Most Honored Company, a company must achieve a weighted score of 15 or more points across the five categories in the combined, buy-side and sell-side rankings, wherein each first-place position is worth three points; second place, two; and third place, one, Institutional Investor Research said.

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