The Middle East Paper Co (Mepco), a leading vertically-integrated paper manufacturer in the region, has launched its new investor relations (IR) site to provide its shareholders and stakeholders greater insights into its performance and operations.

The site enables greater transparency and easier accessibility to retrieve information about Mepco such as its previous announcements, share price, and other performance metrics, which are continually updated by Euroland IR, said a statement.

Eng Sami Safran, chief executive officer, Mepco, said: “Euroland IR is known for providing the most technologically advanced and user-friendly solutions in the industry.”

“As we continue to deliver on its commitment to lead with transparency and corporate governance, developing a top-shelf digital IR function is a natural next step,” he said.

“We aim to ensure that our shareholders and stakeholders can easily view and analyse our performance and see the latest shareholder information in line with international best practice,” he added.

The IR section is upgraded and managed by the Swedish firm; the main features of the site include professional share performance and financial analysis tools and easily accessible IR communication solutions that helps stakeholders keep up-to-date and stay informed on financial events and dates, among other important activities by MEPCO.

Lisa Marklund, chief executive officer, Euroland IR Middle East and Asia, said: “Saudi Arabia is making considerable strides to open its economy to the international investment community.”

“We are now witnessing increased commitment among companies to enhance investor relations and corporate governance with improved accessibility to information,” she said.

“Companies are realising the importance of adopting international best practices at every level of their organisation. High-profile companies such as Mepco realise the benefit of best practice investor relations and how to project and communicate in a transparent and consistent way with shareholders, international and local investors and all other stakeholders,” she added.

“The new investor relations section gives Mepco’s audience the tools to monitor and understand the equity story and financials, through dynamic, interactive presentation. Intuitive solutions detailing dividends, as well as company announcements, a factsheet and subscription tools enable stakeholders to stay well informed and alert on development,” she concluded. – TradeArabia News Service