Global Investment Holdings’ corporate governance rating has been affirmed as 9.06 by Kobirate
22 November 2019
In the scope of Capital Markets Board’s (“CMB”) Communiqué on “Rating Activities and Rating Agencies in Capital Markets”, Global Investment Holdings’ Corporate Governance Rating has been reviewed by Kobirate Uluslararası Kredi Derecelendirme ve Kurumsal Yönetim Hizmetleri A.S.(Kobirate International Credit and Corporate Governance Rating: “Kobirate”). Accordingly, Global Investment Holdings Corporate Governance Rating has been affirmed as 9.06 (out of 10.00), indicating that the Company achieved a substantial compliance with CMB’s Corporate Governance Principles.
Kobirate has reviewed Corporate Governance Practices of Global Investment Holdings under four main categories. Maintenance of fair and balanced approach to shareholders’ rights, implementation of the Quality Policy, as well as enhanced scope and content of the annual report contributed to the overall rating.
Mehmet Kutman, Chairman of Global Investment Holdings stated that: “We are proud to be amongst best performers in corporate governance practice in Turkey. We have taken corporate governance as an integral part of our corporate culture, and we progress with “responsible investment” mentality. Such approach affects the decision-making mechanism of Boards of Directors that shape the future of the company.
