(February 17, 2005 - Hong Kong) - Ngai Lik Industrial Holdings Limited ("Ngai Lik" or "the Group"; stock code: 332), a leading player in the electronics manufacturing services industry, was recently voted "The Best Managed Company (Small Cap ) in Hong Kong" in Asiamoney's Annual Best Managed Companies & Corporate Governance Poll.
The Overall Region Best Managed Companies Award provides distinction to listed companies that take their corporate governance to a higher level. The distinguished award program based on polls received by 192 analysts and fund managers from various mega fund management firms, insurance companies and brokerage houses in the Asia Pacific region, Europe and the USA.
The distinguished award program has been running successfully since 1991 and Mr. Lam Man Chan, Chairman of Ngai Lik says, "We are very delighted that analysts and fund managers from different regions voted in the Asiamoney poll for their confidence in Ngai Lik. We are most honored that our efforts in business development and corporate management have been recognized by the finance professionals. We will continue to strive for excellence to improve the corporate governance, investor relations and overall management of our company, ensuring that we will provide the best returns to our shareholders"
Company's Background
Ngai Lik is principally engaged in the manufacture and sales of a wide variety of home audio, digital and multimedia products mainly sold to the US and Europe. With 70 production lines in its first production plant located in Dongguan, 20 production lines at the Group's second production plant in Qingyuan has commenced partial operation. The Group has been listed on the Stock Exchange of Hong Kong Limited since 1992.
For further information, please contact:
iPR Asia Limited
Kylie Yeung/ Antonia Au/ Callis Lau
Tel : 3170 6751/ 2136 6176/ 2136 6952
Fax : 2136 6068
E-mail : kylieyeung@iprasia.com.hk/ antoniaau@iprasia.com.hk
Website : www.iprasia.com
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