For the second year running, Focus Malaysia – the nation’s largest circulation business weekly – hosted the Best Under Billion Awards.
The awards were presented at a gala dinner held at the Grand Ballroom of the One World Hotel on Oct 14.
The top performers among the small to mid-capitalised companies listed on Bursa Malaysia were recognised across eight categories.
Each category featured two groups – one for companies with a market capitalisation of between RM150 mil and RM499 mil, and for those which fall between RM500 mil and RM950 mil.
Besides the eight categories, two other awards – for Best CEO (Editors’ Pick) and Best Overall Winner – were also handed out by the guest-of-honour, Bursa Malaysia CEO Datuk Seri Tajuddin Atan.
In his opening remarks, HCK Media Group CEO Hng Hung Yong said the awards were to recognise the performance of outstanding companies listed on Bursa Malaysia, and that Focus Malaysia celebrated the spirit of enterprise and supported responsible entrepreneurship.
Tajuddin in his speech noted that companies with market capitalisation of below RM1 bilmake up a significant 82% of listed companies on the local bourse.
“The success of these companies ensures our marketplace continues to be one of the most exciting and trusted emerging marketplaces in the world,” he said.
He also congratulated Focus Malaysia for conceptualising and hosting the awards. “I personally find these awards one of the most inspiring … The Best Under Billion Awards has an important role to play in shining the spotlight on the many listed companies that make up our diverse marketplace,” he added.
The Overall Winner of the night was Power Root Bhd, while the Best CEO award went to Khaw Khoon Tee, executive chairman and co-founder of SLP Resources Bhd.
The other winners included MRCB-Quill REIT, Kawan Food Bhd, CCM Duopharma Biotech Bhd, Wellcall Holdings Bhd, SCGM Bhd, RGN International Bhd, Huat Lai Resources Bhd and Luxchem Corp Bhd.
The event was supported by Bursa Malaysia, with KPMG and Anderson Market Analytics as partners, Jaguar and Land Rover as supporting sponsors and Braun Buffel as souvenir sponsor.
Power Root, represented here by chairman Datuk Afifuddin Abdul Kadir, was named Overall Winner of the awards. Flanking him are Bursa Malaysia CEO Datuk Seri Tajuddin Atan (left) and Focus Malaysia Editor-in-Chief Chong Cheng Hai.
The BUBA winners with Bursa Malaysia CEO Datuk Seri Tajuddin Atan (front row, third form left) and (on his left) Focus Malaysia Editor-in-Chief Chong Cheng Hai.
Bursa Malaysia CEO Datuk Seri Tajuddin Atan was the guest-of-honour at the event.
From left: HCK Capital Group Bhd group executive director Clifford Hii, HCK Media Group CEO Hng Hung Yong, Bursa Malaysia CEO Datuk Seri Tajuddin Atan, Focus Malaysia group Editor-in-Chief Chong Cheng Hai and deputy editor-in-chief Charles Raj.
Best CEO award winner Khaw Khoon Tee, executive chairman and co-founder of SLP Resources Bhd.
Guests at the BUBA 2016 were treated to a sumptuous Western dinner.
Eye-catching display … a section of the ballroom was set aside to display Jaguar and Range Rover models.