Food Empire achieves record win at the International Annual Report Competition (ARC) Awards with triple Golds

News/Events on 19 Aug , 2020

Food Empire is pleased to announce that its 2019 Annual Report, themed “Beyond”, won 3 Gold awards for the first time under the “Food & Consumer Packaged Goods” classification at the International ARC Awards.

Specifically, the Group clinched the Gold awards for Interior Design, Photography and Printing & Production. The Group is currently a contender for the Grand Award in these 3 respective categories. It was also a remarkable win for Food Empire in the Photography category as the entries for this category was three times more than the previous year and Food Empire emerged as top 8% to clinch the coveted Gold award. These awards serve as a recognition of Food Empire’s relentless efforts towards excellence in annual reporting, which is an important tool in investor communication, as well as the Group’s commitment towards creativity.

The Food Empire 2019 Annual Report themed “Beyond” was built upon the concept of the Group’s unceasing efforts to seek opportunities to expand and diversify, looking far and beyond to extend its global footprint, even as the world is changing and evolving.

The annual International ARC Awards is the world’s largest competition honouring excellence in annual reports and is often regarded as the Oscars of Annual Reports. The Awards received over 1,690 entries from 28 countries this year. All entries are judged on the basis of several elements, including presentation of corporate information, expression of financial data, how well the spirit of the organisation is communicated, clarity of written text and effectiveness of design.

Commenting on the win, Mr. Tan Wang Cheow, Executive Chairman of Food Empire said, “Winning 3 Gold awards at the prestigious ARC Awards represents a significant milestone for the Group. This demonstrates the Group’s continual determination in maintaining high level of transparency, accountability, integrity, and disclosure. Moving forward, we will keep on striving to achieve excellence in our annual reports by upholding transparent and effective communications with investors and stakeholders.”

To view Food Empire’s latest annual report, visit https://foodempire.listedcompany.com/ar.html.