Kalbe, Top Performing Listed Company 2014

Author: SuperUser Account | Posted: 2/9/2016 | Views: 2021

PT Kalbe Farma Tbk. (Kalbe) once again records the achievement of receiving the Investor Awards 2014 for the category of "Top Performing Listed Companies 2014." This award is only given to 5 companies, including Kalbe, which lead the category over the other 493 companies that are listed at Indonesia Stock Exchange. 

The factors that allowed Kalbe to achieve the award are the fundamentally solid performance and the market appreciation for Kalbe. It is reflected on the liquidity of the trades and increase of stock price for the period of April 2013 – March 2014. The categorization of issuer or listed companies this year took the theme of "Surfing the Waves of Election Year and Global Volatility", to explore the understanding and strategies of an issuer’s management to face the challenges or business opportunities during the election year or global uncertainty. In a challenging period, an issuer's management is also required to consistently apply the good corporate governance (GCG) and risk management. 

The Board of Judges for the categorization which is held by Majalah Investor also measures the company's management in formulating their companies' Corporate Social Responsibility (CSR). In the eyes of the Judges, an ideal CSR ought to be able to support the company's sustainability, as well as being a part of the company's investment to support the company's business. Therefore, a CSR did not solely end up as a charity or social activity. 

To determine the Best Issuer of 2014, the Board of Judges also create a grouping based on market capitalization, that is issuers with market capitalization of over IDR 10 trillion and under IDR 10 trillion. The Chairman of the Board of Judges, Roy Sembel, said that the groupings are based on the consideration that the characteristic of a relatively large company is significantly different than the medium- or small-sized ones. 

Through this process, the judges also determined the eight nominees of Best Emitent of 2014, they are: PT Bank Rakyat Indonesia (Persero) Tbk, PT Ciputra Development Tbk, PT Kalbe Farma Tbk, PT Tower Bersama Infrastructure Tbk, PT Wijaya Karya (Persero) Tbk, PT Lippo Cikarang Tbk, PT PP (Persero) Tbk and PT Wintermar Offshore Marine Tbk. Aside of the appraisal from the fundamental and technical segment of the company's performance, the determination of the Best Issuer also used respondent-based appraisal that were obtained through surveys and the Board of Judges' interviews with the candidates' management. Congratulations to all of Kalbe's stakeholders. Let us sustain and increase the achievement in the future.


❮❮ Return to previous page