(MANILA, PHILIPPINES) – Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia and a leader in right and principled mining in the country, recently garnered top honors under the ASEAN Corporate Governance Scorecard (ACGS) for 2017, making it one of the top Philippine publicly-listed companies (PLCs) overall. On hand to receive the award in ceremonies held at the Tower Club in Makati was Danny Yu (3rd from right), Philex Senior Vice-President for Finance, Chief Finance Officer, and Chief Corporate Governance Officer, together with Atty. Salvador Paolo Panelo Jr. (leftmost), Philex Assistant Corporate Secretary, and members of the Philex Corporate Finance team. The ACGS is an instrument for the assessment and ranking of PLCs in 6 participating ASEAN countries. In the Philippines the assessment of PLCs under the ACGS is conducted by the Institute of Corporate Directors (ICD) as the domestic ranking body (DRB) duly appointed by the Securities and Exchange Commission (SEC). Philex Mining garnered a score range of 100 and above, the only mining company to have done so. 30

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