business

Media Prima, MRCB bag prestigious Australian awards

KUALA LUMPUR: Media Prima Bhd and Malaysian Resources Corp Bhd have won the prestigious Gold Award at the 2018 Australasian Reporting Awards in Sydney, Australia on June 20.

Media Prima’s 2016 Annual Report, themed “Our Stories”, was recognised for “Distinguished Achievement in Reporting” at the annual award event organised by the Australasian Reporting Awards Ltd, an independent not-for-profit organisation run by volunteer professionals.

The award was accepted by group corporate communications general manager Azlan Abdul Aziz.

It also represents the group’s second ARA recognition after receiving a Bronze Award for its 2015 Annual Report themed “Everyone Counts.

“Media Prima is very honoured to receive this recognition as we continue benchmarking our annual report against the best regional and global practices. This is the second year that we have submitted our annual report to be reviewed by ARA’s panel of judges and we are proud to have made further improvements to our reporting,” Azlan said in a statement.

The recognition was a testament of the group’s commitment to remain transparent, accurate and accountable in promoting higher standards of reporting, he added.

“Credit to everyone who made this award possible,” said Azlan.

Meanwhile, MRCB was also one of four finalists for Best First Time Entry, besides winning the Gold Award.

“The Gold Award represents the highest standard of reporting, based on world best practices and international benchmarks that focus on transparency and accountability. MRCB’s win for its 2016 Annual Report reaffirms its stance of upholding the highest standards of financial reporting and stakeholder communication,” said MRCB chief corporate officer Amarjit Chhina in its statement.

“It is also a recognition of the team effort that goes into creating an annual report that places emphasis on communicating honestly and transparently to all stakeholders,” Amarjit added.

MRCB stood alongside other heavyweights in clinching the prestigious Gold Award. They included the Audit Office of New South Wales, Inland Revenue Department of New Zealand, Judicial Commission of New South Wales, Australian Criminal Intelligence Commission, Woodside Petroleum Ltd and CLP Holdings Ltd.

The Australian Broadcasting Corp, which was also presented with a Gold Award, won the coveted 2018 ARA Report of the Year.

The annual ARA is known for the high standard of its adjudication process, with awards submissions coming from Australia, New Zealand, Hong Kong, India, Indonesia, Malaysia, the Philippines, Qatar, Sri Lanka and Russia.

Established in 1950, the annual ARA is administered by Australasian Reporting Awards Ltd with the support of professional bodies concerned on the quality of financial and business reporting.


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