Business

Capital Market Development Authority (CMDA) Endorses Corporate Maldives GOLD 100 Gala

Capital Market Development Authority (CMDA) has endorsed Corporate Maldives Gold 100 Gala 2017 which is due to be held at Bandos Island Resort and Spa in February 2018. Corporate Maldives has been actively recruiting nominations for GOLD 100 which will be a list of leading 100 companies of the Maldives in 2017. The deadline for submission of forms is 31st December 2017. The companies will be announced at the GOLD 100 GALA which will be held in February 2018. CTL Strategies will be the advisory partner for GOLD 100.

The Gold 100 is a list of top 100 business entities in the Maldives, published by Corporate Maldives – a premium business and hospitality magazine. This selection criterion ensures that the selection process is transparent and unbiased so as to reflect that the entities on the list are indeed the Maldives’ “Gold 100”.

“We at CMDA, are extremely interested in the efforts by Corporate Maldives in order to promote and foster Maldivian businesses by hosting such events. We are delighted to be an endorsing partner of the 2nd GOLD 100 Gala event and look forward to working with the team at Maldives Getaways in order to make this event a success.” Nadia Hassan, Chief Executive Officer, noted in the letter sent to Corporate Maldives.

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The Capital Market Development Authority (CMDA) is an independent institution established under the Maldives Securities Act (2/2006) responsible for developing and regulating the Maldives Capital Market. CMDA also has the regulatory mandate of supervising the functions of the Maldives Retirement Pension Scheme (MRPS) under the Maldives Pension Act (8/2009). Key objectives of CMDA are to develop a market in which securities can be issued and traded in a fair and orderly manner, to protect and promote the interest of investors and potential investors in securities, to regulate and supervise the securities market and to take measures to prevent inappropriate conduct in relation to dealings in securities and to prevent conduct of activities affecting market confidence.

The Gold 100 is not intended to rank business entities but is devised to be a selection of the top business entities. As such, the list would be published in alphabetical order.

Full details are available from the link below:

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