Jollibee Group Wins Multiple Citations at the 13th Institutional Investor Corporate Awards
MANILA, Philippines.– The Jollibee Group won multiple citations, including the Most Improved Investor Relations (IR) among Philippine companies, at the Alpha Southeast Asia’s 13th Institutional Investor Corporate Awards 2023.
Effective Investor Relations. The Jollibee Group was recognized with multiple citations for its investor relations work at the 13th Institutional Investor Corporate Awards. In photo are Cossette B. Palomar, AVP and Head of Investor Relations (right) and Rechelle M. Quinio, Investor Relations Officer (left). Also part of the team is Monavie Ariem-Naguit, Senior Manager for Corporate Planning and Investor Relations (not in photo).
The Jollibee Group was among the eight (8) best-managed companies in the Philippines. It was also cited in three of the five main categories, including ‘Most Organized Investor Relations,’ ‘Best Senior Management IR Support,’ and ‘Most Consistent Dividend Policy.’
Investor choices for the categories mentioned were narrowed down to the top five. The Jollibee Group ranked fourth in the ‘Most Organized Investor Relations,’ second in the ‘Best Senior Management IR Support,’ and fourth in the ‘Most Consistent Dividend Policy.’
“We are honored to have been given these recognitions, which validate our collective efforts in the company to drive excellence, consistency, and innovation in what we do,” said Richard Shin, Jollibee Group Chief Financial Officer. “This award comes at an opportune time as we are celebrating our 45 years in business, and so we share this recognition with our investors, whose trust and confidence in the Jollibee Group inspire us to continue delivering value and our mission of serving great-tasting food, bringing the joy of eating to everyone.”
Thirty-eight (38) publicly listed companies from Southeast Asia were ranked in this year’s poll. The winners were determined by the Corporate Institutional Investor Poll, which is the first and only Southeast Asian focused poll and the leading perceptions-based poll that gauges performance in financial management, adherence to corporate governance, integrated reporting, corporate social responsibility, and investor relations.
The Alpha Southeast Asia team successfully collected votes from more than 586 participants across the region, as well as the US and Europe. The participants included fund managers with investment interests in Southeast Asia, large institutional investors, insurance companies, pension funds, funds of hedge funds, private banks, equity and fixed income brokers, and buy and sell-side analysts.
Established in 2007, Alpha Southeast Asia is the first and only institutional investment magazine focused on Southeast Asia (Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam).
About Jollibee Group
Jollibee Foods Corporation (JFC, also known as Jollibee Group) is one of the fastest-growing restaurant companies in the world. Its mission is to serve great-tasting food and bring the joy of eating to everyone through its 18 brands with over 6,600 stores across 34 countries including the Philippines, United States, Canada, the People’s Republic of China, United Kingdom, Vietnam, United Arab Emirates, and Australia.
The Jollibee Group has eight wholly owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger); four franchised brands (Burger King, Panda Express, and Yoshinoya in the Philippines, and Tim Ho Wan in certain territories in China); 80% ownership of The Coffee Bean and Tea Leaf; 60% ownership in the SuperFoods Group that owns Highlands Coffee; and 51% ownership of Milksha, a popular Taiwanese bubble tea brand. JFC also has a business venture with award-winning Chef Rick Bayless for Tortazo, a Mexican fast-casual restaurant business in the United States.
The Jollibee Group, through its subsidiary Jollibee Worldwide Pte. Ltd. (JWPL) owns 90% participating interest in Titan Dining LP, a private equity fund that owns the Tim Ho Wan brand. The Jollibee Group has a joint venture with the THW Group to open and operate THW restaurants in Mainland China. Recently, the Jollibee Group has signed an agreement to establish a joint venture company that will own and operate Tiong Bahru Bakery and Common Man Coffee Roasters in the Philippines.
The Jollibee Group has launched its global sustainability agenda dubbed Joy for Tomorrow, which aims to strengthen the company’s commitment to sustainable business practices. The agenda centers on the key pillars of Food, People, and Planet, and consists of 10 focus areas namely: food safety, food quality, nutrition & transparency, employee welfare, farmers livelihood, community support, good governance, packaging & recycling, waste reduction, and energy & water efficiency. Each focus area sets goals and initiatives that contribute and align with the United Nations Sustainable Development Goals (UN SDGs).
The Jollibee Group was named the Philippines’ most admired company by the Asian Wall Street Journal for ten years. It was also honored as one of Asia’s Fab 50 Companies and among the World’s Best Employers and World’s Top Female-Friendly Companies by Forbes. The company is also a two-time recipient of Gallup’s Exceptional Workplace Award, making it the only Philippine-based company to receive the distinction.
To learn more about Jollibee Group, visit www.jollibeegroup.com
