November 06, 2009

Malaysia 1000 Aims To Rank, Identify Country's Top Corporations

KUALA LUMPUR, Nov 6 (Bernama) --- The main objective of the fourth edition of Malaysia 1000 is to rank and identify the country's top 1,000 corporations, said chairman of BASIS Group of Companies, Tan Sri Abu Hassan Omar.

"The directory contains comprehensive information on the cream of Malaysian companies covering a wide range of corporate and industrial sectors," he said at the launch of the Malaysia 1000 by Minister of International Trade and Industry, Datuk Mustapa Mohamed here Friday.

In his speech, Mustapa said the book was very informative and comprehensive.

He also said the government would not sideline the local investment although it has been promoting foreign investments in the country.

Mustapa urged Malaysian companies in the services sector such as those involved in the consultancy services to export their services overseas.

"There are already a number of successful Malaysian companies venturing overseas," he said.

The directory is a joint project of BASIS Publications House Sdn Bhd, a member of BASIS Group of Companies, BERNAMA, the national news agency of Malaysia and Malaysia External Trade Development Corp.

Among the winners of Malaysia 1000 Awards were:

Top 10 Award -- Petroliam Nasional Bhd, Dell Asia Pacific, Sime Darby Bhd, Tenaga Nasional Bhd, Telekom Malaysia Bhd, Malayan Banking Bhd, Malaysian Airline System Bhd and Sony EMCS (M) Sdn Bhd.

Return on Capital Employed Award -- Amanah Saham Nasional Bhd;

Return on Shareholders' Fund Award -- Bredero Shaw (M) Sdn Bhd;

Percentage increase in profit Award -- Meiban Technologies (M) Sdn Bhd;

Industry Excellence Award -- Lingui Developments Bhd, Sapuracrest Petroleum Bhd, Swan Malaysia Sdn Bhd, UMW Corp Sdn Bhd, Edaran Otomobil Nasional Bhd, Universal Cable (M) Bhd, Plus Expressways Bhd, Celcom (M) Bhd, UEM Builders Bhd, Nam Cheong Dockyard Sdn Bhd, AMMB Holdings Bhd and Alam Flora Sdn Bhd.