ASX believes that its relationship with Orient Capital will assist it in providing additional value-added services to its listed company customers.
"Orient Capital has an impressive reputation and an exceptional client list. The company has long led the development of the investor relations industry in Australia, and is a recognised innovator with a proven track-record in providing quality services to corporate clients", said John McMurtrie, ASX's Executive General Manager, Companies and Investors.
"This move is part of our strategy to enhance the services we provide to our listed company customers and we will be combining our skills and intellectual capital to develop a range of new-generation products and services to satisfy their needs."
David Geddes, Executive Director of Orient Capital, commented: "The communications environment between Australian corporations and the investment community is becoming ever more sophisticated and competitive. The logic behind our alliance with ASX is compelling: when it comes to bridging the gap between listed companies and the investment community, no other company has more visibility or credibility. We are excited about being able to offer companies in the Asia/Pacific region a full range of value-added technology-based information and consulting services to help them improve, monitor and manage relations with their investors."
The founding principals of Orient Capital, Fay Walker and David Geddes, will continue with the company, under an agreement established between the parties.
