(26 October 2012 – Hong Kong) - Sateri Holdings Limited (“Sateri” or the “Group”; stock code: 1768), a leading global specialty cellulose company, announced today that it has been awarded “The Excellence of Listed Enterprise Awards 2012” by Capital Weekly.
“The Excellence of Listed Enterprise Awards” organized by Capital Weekly recognises the achievements and contributions of selected listed companies in Hong Kong with outstanding corporate governance, investor relations, corporate strategy, social responsibility, as well as development prospects. This year, Sateri is chosen among the 14 winning enterprises from over 1,500 Hong Kong listed companies (Main Board and GEM).
Mr. Nick Gollwand, Senior Vice President of Finance at Sateri said, “We are honoured to be awarded by Capital Weekly for the second time, appraising our continued determination to strive for excellence. The award also reinforces the market’s recognition of our high level of corporate governance, commitment to investor communications and determination to grow our business. We have every confidence that our unique and fully integrated business platform is well-positioned to capture good growth potential of our markets and deliver long-term shareholder value.”
Ms. Lisa Cheong, Vice President, Investor Relations received the trophy from Mr. Dennis Kwok, Legislative Council member at the awarding ceremonyMs. Lisa Cheong, Vice President of Investor Relations, delivered a thank-you speech to the audience.
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About Sateri Holdings Limited
Listed on the Hong Kong Stock Exchange, Sateri Holdings Limited (“Sateri”; stock code: 1768) is a leading global specialty cellulose company, producing dissolving wood pulp and viscose staple fiber in its mills in Brazil and China, namely Bahia Specialty Cellulose and Sateri (Jiangxi) Chemical Fiber, respectively. The Company currently has an annual design capacity of 485,000 tons of dissolving wood pulp, and is one of the leading global suppliers of specialty-grade pulp. Sateri attaches high priority to its social and sustainability responsibility. Its products are made from plantation trees, which are natural, renewable resources and the processes throughout the value chain are achieved with the environment in mind. Sateri is a constituent of the Morgan Stanley Capital International (MSCI) Hong Kong Small Cap Index.
Sateri has corporate offices located in Shanghai and Hong Kong. It also owns and operates its own wood plantations in Brazil, ensuring a secure and stable supply of wood, the principal raw material used in production of dissolving wood pulp. The Group distributes its dissolving wood pulp and viscose staple fiber to customers across Asia, Americas and Europe. According to 2011 statistics from China Customs, Sateri was the largest supplier of dissolving wood pulp by import volume in China, the world’s largest dissolving wood pulp market.
Media Enquiries:
Sateri Holdings Limited
Doris Chan
Phone: +852 2864 6640
Email: doris_chan@sateri.com
Brunswick Group
Email: sateri@brunswickgroup.com
Joseph Lo Crystal Chan Siobhan Zheng
Phone: + 852 3512 5033 Phone: + 852 3512 5032 Phone: + 852 3512 5044