Everpia wins two prestigious awards for listed companies
On November 16, 2024, during the "Vietnam Listed Company Awards 2024" (VLCA 2024) to honor the best listed companies, Everpia Joint Stock Company (HOSE: EVE) was proudly ranked in the Top 5 Best Corporate Governance (Smallcap category). In addition, EVE was also recognized in the Top 20 Annual Reports in the Non-Financial Sector.
Everpia is one of the few listed companies to maintain its position in the Top 5 for Corporate Governance (Smallcap) over three consecutive voting periods (since 2022), while also being named in the list of companies with the Best Annual Reports in the non-financial sector for three years. These two categories are among the most important awards in the Vietnam Listed Company Awards.
This year, the event attracted over 500 participating companies from both stock exchanges. Companies had to pass through two strict selection rounds, with a final review panel consisting of top managers and experts in securities, auditing, and corporate governance. After six months of evaluation and voting, only 44 companies were honored in three categories, including EVE.
According to the organizers, the evaluation of the best corporate governance among listed companies is based on information publicly disclosed by the company through its website, the State Securities Commission, and the Stock Exchange. Additionally, companies must comply with the regulations set forth in the Law on Enterprises, the Law on Securities, and corporate governance principles according to best practices.
Similarly, to select the best annual reports, the evaluation panel considers a range of criteria such as the company’s summary information, development strategy, operational performance, and the assessment of the Board of Directors and Management on the company’s activities, as well as the clarity and comprehensiveness of the information on corporate governance. The use of graphs and charts to effectively convey financial data and the creativity of the report are also key considerations.
Everpia’s consistent performance in meeting the stringent criteria over multiple years is a testament to its ongoing efforts to enhance professionalism and effectiveness in corporate governance. The company not only ensures transparency and efficiency in its operations but also has a robust management strategy that meets high standards of ethics and responsibility toward shareholders, customers, and the community. Notably, 2024 marks a significant change in the evaluation process for corporate governance, with adjustments to the scoring structure - the weight of governance criteria was increased to 40% (up from 30% in previous years), while the compliance score was reduced from 70% to 60%. This adjustment further highlights Everpia’s governance efforts, demonstrating that it has exceeded mere compliance.
Moreover, the company also focuses on producing clear and comprehensive reports that help investors and stakeholders quickly understand the company’s operations and future prospects. These reports demonstrate transparency in disclosing financial information, development strategies, and risks, thereby fostering strong trust from shareholders and partners.
The Vietnam Listed Company Awards is organized by the Ho Chi Minh Stock Exchange (HOSE), Hanoi Stock Exchange (HNX), and the Vietnam Investment Review, with exclusive annual sponsorship by Dragon Capital Fund Management Company, along with technical support from professional partners such as the Association of Chartered Certified Accountants (ACCA), the Vietnam Institute of Directors (VIOD), the International Finance Corporation (IFC), and leading audit firms like PwC, Deloitte, KPMG, EY, as well as information support from the State Securities Commission and the two Stock Exchanges.