What role does the ‘Annual Shahfafiyah Investors Forum’ play in KIPCOs stratergy?
The Shahfafiyah (Transparency) Investor’s Forum was launched in July 2005. The event creates a healthy two way dialogue between the company and its shareholders and members of the financial community. By allowing the management teams of each core operating companies to present their reviews and financial forecasts and the answer question about them, the forum is a regular opportunity for KIPCO to engage directly with its shareholders. It was an initiative to communicate extensively with the shareholders, and this forum provided the right platform for development of the management’s thoughts in fostering transparency and corporate governance in the region.