Muscat: Al Anwar Holdings won the “Quality of Disclosure” award instituted by the Muscat Securities Market (MSM). The award ceremony, held at MSM trading hall on Monday, felicitated the best five listed companies in disclosure.
The ceremony was held under the auspices of Abdul Salam bin Mohammed Al Murshidi, CEO of the State General Reserve Fund (SGRF), in the presence of a number of Capital Market Authority (CMA) officials and executives of listed companies. Sanjay Kumar Tiwari, acting CEO and Mubarak Al Gazali, Manager admin and compliance of Al Anwar Holdings, received the award on behalf of the company.
The ceremony is part of the efforts made by CMA to promote disclosure and raise awareness about the importance of disclosing interim and material information.
“We are very happy to receive this award in recognition of our commitment to apply the best disclosure and Corporate Governance practices,” said (Rtd.) Brig. Masoud Humaid Malik Al Harthy, Chairman of Al Anwar Holdings.
“I would like to thank CMA and MSM for the efforts made to enhance awareness of the importance of disclosure. I am sure that this award will enhance competition among companies and will urge them to apply the best practices in the field. The award will also play a role in promoting awareness of the value of disclosure and its importance in ensuring fair play and equal rights for everyone,” he added.