SM Investments Corp. (SMIC), the investment holding company of the Sy family, bagged the prestigious 5 Golden Arrow Award, the highest recognition given by the ICD during the ASEAN Corporate Governance Scorecard (ACGS) 2024 Golden Arrow Awards. Of the five companies that received the 5 Golden Arrow Award, four were SM companies, namely SMIC, BDO Unibank Inc., China Banking Corp. and SM Prime Holdings Inc. “This recognition reflects the commitment and hard our unwavering commitment to good corporate governance. We remain dedicated to upholding transparency, accountability and ethical business practices to protect stakeholder value and support sustainable progress,” DMCI and SMPC chairman Isidro Consunji said.The Gotianun family's listed property developer Filinvest Land Inc.(FLI), meanwhile, was also honored with a 2 Golden Arrow Award.FLI said the recognition marks the third consecutive year that company has been recognized for its exemplary corporate governance practices.As one of the Philippines' leadtransparency and accountability through timely disclosure of material information, as well as the board's effectiveness in providing strategic direction, overseeing management, and maintaining accountability to both the company and its shareholders.

SM, DMCI, FLI cited for exemplary corporate governance practices

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.