\n Suncity Achieved All-Star Status, Also Named as the \u201cMost Honored Company\u201d <\/p>\n
HONG
Photo Caption: Suncity being named as the “Most Honored Company” in the All-Asia Executive Team Poll 2021, published by Institutional Investor<\/i>\u00a0\u00a0<\/p>\n
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This is an unprecedented
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Unlike other awards, the II Research ranking is entirely based on
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The
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For over 50
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Mr. Alvin
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Mr. Andrew Lo, <\/b>Executive
In the Gaming &
Summit Ascent has also been recognised in the Gaming & Lodging
These prestigious
\nKONG SAR –\u00a0Media
\nOutReach<\/a>\u00a0–\u00a030 June 2021 –\u00a0Suncity Group Holdings Limited<\/a> (“Suncity<\/b>“, Hong Kong
\nStock Exchange code: 1383, or the “Group<\/b>“) together with its subsidiary,
\nSummit Ascent Holdings Limited<\/a> (“Summit
\nAscent<\/b>“, Hong Kong Stock Exchange code: 102), are pleased to announce the
\nexciting news that Suncity and Summit Ascent are named in the “2021 All-Asia
\nExecutive Team<\/i> Rankings<\/i>” published by the world-renowned financial
\npublication Institutional Investor<\/i>. Suncity has been ranked as the overall
\nNumber 1 in the Gaming and Lodging sector, even with COVID-19 as the backdrop.
\nSuncity attained All-Star status achieving a first-place clean sweep in the
\ncombined rankings across all five categories in Best CEO, Best CFO, Best
\nInvestor Relations Professional, Best IR Program and Best ESG; and is clearly
\nthe most-decorated winner amongst gaming companies in Asia. This is a phenomenal
\nrecognition by the investment community on the Group’s perseverance albeit challenging
\nbusiness conditions.<\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/159937\/sun-image.png#image-159937\")
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\nrecognition that Suncity has been ranked in the overall first place<\/b> in
\nthe Gaming & Lodging listing in Asia, surpassing many well-established mega,
\nlarge and mid-cap Gaming & Lodging peer companies. Being honoured on the
\ntop spot by a prominent financial publication based on verified votes is the
\nhighest form of respect the investment community paid towards the Group. In
\naddition, Summit Ascent is also named in the top three in multiple categories, indicating
\nthat the acquisition by Suncity brings a fresh perspective in new leadership,
\noperational culture and operational excellence, which are also well-recognised.
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\nvotes from recognised financial professionals. It is highly authoritative and
\nthus is a trusted ranking for international capital markets. A total of
\n4,084 investors and portfolio managers and analysts from 1,285 voter firms
\nparticipated in this survey, nominating a total of 1,438 companies and 2,690
\nindividuals across 18 sectors. This included 3,503 buy-side professionals from
\n1,178 buy-side companies with an estimated $1,863 billion in Asia (ex-Japan)
\nequities and 581 sell-side analysts from 107 companies.<\/p>\n
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\ncompanies were rated on several core areas, including (1) Financial Disclosure,
\n(2) Services & Communication, (3) COVID-19 responses and (4) ESG.<\/p>\n
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\nyears Institutional Investor<\/i> has consistently distinguished itself among
\nthe world’s foremost media companies with ground-breaking journalism and
\nincisive writing that provides essential intelligence for a global audience. In
\naddition, since 1972, Institutional Investor<\/i> Research (II Research) has
\noffered highly-respected proprietary benchmark research and rankings, providing
\nindependent feedback on the sell-side and corporate performance; II Research
\naims to be the first-choice as well as independent validation source of
\nqualitative market intelligence for all three sides of the investment community
\nand has a global presence spanning Europe, Asia Pacific, the US and Latin
\nAmerica.<\/p>\n
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\nChau, Chairman of Suncity and Chairman of Summit Ascent<\/b>, said, “I
\nam overwhelmed by the fact that Suncity has been voted as the Number 1 in the
\nGaming & Lodging sector, out of all 1,438 nominated companies in Asia. The
\nfact that Suncity is such a young company yet it has outperformed other
\nestablished peers to take the top spot in the Gaming & Lodging list is
\nincredible. Altogether Suncity and Summit Ascent have swept a phenomenal 14 accolades
\nin total, a never-seen-before recognition by the investment community. I wish
\nto express heartfelt gratitude to the investment community for their benevolent
\nsupport.”<\/p>\n
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\nDirector<\/b> of Suncity
\nand Deputy Chairman of Summit Ascent<\/b>, expressed his delight, “There is no greater way of being recognised
\nwith votes of confidence from the investment community in the Group’s executive
\nleadership, corporate governance, ESG, investor relations, communication and
\ntransparency efforts. The results this year has never been more encouraging to
\nus. Though we may be a young company, we are flexible and determined to be
\nAsia’s best up-and-coming integrated resort operator when borders reopen.”<\/p>\n
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\nLodging sector, Suncity has been voted as overall first place<\/b> amongst
\nlisted companies in Asia. The subcategories are ranked as below:<\/p>\n\n
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\nsector in the below categories:<\/p>\n\n
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\nawards demonstrated the recognition of Suncity and Summit Ascent’s
\nhigh-performing leadership team, investor relations management, and dedication
\nto environmental, social and governance (ESG) practices among the world’s
\ncapital markets. The recognition by the investment community will continue to motivate
\nthe Group to committing and upholding to the highest standards in investor
\ncommunications, corporate governance and ultimately create returns to
\nshareholders.
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