Ascendas India Trust wins Most Transparent Company Award
Ascendas Property Fund Trustee Pte. Ltd., the Trustee-Manager of Ascendas India Trust (“a-iTrust”), is pleased to announce that a-iTrust has won the Most Transparent Company Award (Properties Category) at the Securities Investors Association (Singapore) (“SIAS”) 19th Investors’ Choice Awards.
SIAS Investors’ Choice Awards is a highly prestigious award in Singapore’s corporate scene that recognises excellence in corporate governance and transparency practices.
The Most Transparent Company Award aims to recognise listed companies that have done well on disclosure and transparency, which are vital in helping investors make informed investment decisions.
Mr Sanjeev Dasgupta, Chief Executive Officer of the Trustee-Manager said, “We are honoured by the support and recognition received from the investment community towards our corporate governance and transparency best practices, which are key pillars of our business.”
Ascendas India Trust (“a-iTrust” or the “Trust”) was listed in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India. a-iTrust may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion.