Eagle Cement Bags First Golden Arrow Award For Corporate Governance

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“The past year has proven how important it is for us to be nimble to adapt and evolve our corporate governance practices in order to better serve our clients and stakeholders,” said Paul Ang, President & CEO of Eagle Cement, in a statement. “This achievement is just a testament on how we strongly value transparency, consistency, compliance, and quality in our line of work despite the changing business landscape.”

Under the ACGS award, Eagle Cement was evaluated in the five areas of the Organization for Economic Cooperation and Development (OECD) principles of corporate governance, which cover rights of shareholders, the equitable treatment of shareholders, the role of stakeholders, disclosure, and transparency, and responsibilities of the board.

“This recognition also signifies new beginnings for the company, as we focus our efforts on recovery and ensuring our employees’ and stakeholders’ safety and welfare during these trying times. We will continue to find ways to upgrade our operations and help our clients navigate amid the new business environment,” Ang added.

Eagle Cement remains bullish on the growth prospects of the industry as the government eased COVID-19 quarantine restrictions and facilitate the rollout of vaccinations, allowing construction and major infrastructure projects to resume.

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