Five Malaysian companies on Forbes 'Best under a billion' list


My EG Services is among the five Malaysian companies on Forbes

KUALA LUMPUR: Five Malaysian companies are among the top 200 publicly-traded companies in the Asia-Pacific region which are on Forbes 2017 “Best under a billion” list.

The five are Elsoft Research Bhd, Kerjaya Prospek Group Bhd, My E.G. Services Bhd, Pentamaster Bhd and Vitrox Corporation Bhd.

According to Forbes on Thursday, the list honors the leading stock-traded companies in the Asia Pacific region with annual revenue between US$5mil and US$1bil.

“From a universe of 18,000 candidates, roughly 875 passed our criteria for profitability, growth and modest indebtedness,” it said.

The resulting 200 produced the highest sales and earnings per share growth for both the most recent fiscal one and three-year periods, and the strongest five-year average return on equity. 

As for the Malaysian companies, four of the five companies are in the technology and techology related industries while Kerjaya Prospek is in the construction sector.

Elsoft is involved in research, designing, and development of test and burn-in systems and application specific embedded system. 

My E.G. is involved in the provision of electronic government services and related services. 

Pentamaster provides manufacturing automation solutions and services and focuses on automated equipment; automated manufacturing solution; and smart control solution system. 

As for Vitrox, it manufactures and development of three-dimensional and line scan vision inspection system. Its products includes machine vision system, automated board inspection, and electronics communication system.

Kerjaya Prospek focuses on construction related services and also manufacturing and properties.

Forbes said Japan nearly tripled its presence on the 2017 Forbes Asia’s “Best Under A Billion” list with 38 out of top 200 publicly-traded companies in the Asia-Pacific region, up from 13 last year. 119 companies are new on this year’s list.

Japanese companies involved in the business services and supplies sector feature strongly on this year’s list with 14 entries, up from two previously 

South Korea has 20 companies as compared to 16 from last year’s list. 

Companies from the Greater China region total 100, down from a record high of 130 last year. 

Elsewhere in the region, Vietnam has nine companies on this year’s list, Malaysia and Pakistan have five companies each on the list.

Thailand has four companies while New Zealand and India have three each.

The sole listee from Sri Lanka is tile grout and mortar manufacturer Swisstek (Ceylon). The Philippines and Indonesia have no representation on the list this year. 

For more click on: https://www.forbes.com/sites/christinasettimi/2017/07/26/asia-200-best-under-a-billion-2017/#13142cdc54cd

 

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Local market treads water
Heralding the Golden Age of Crypto
Governance challenges continue at TMC Life after CEO’s removal
Macquarie bidding for Axiata’s EDOTCO
SAILH set to propel logistics sector
TNB commences RE supply to Singapore
Dassault Aviation flying high in Malaysia
Yinson confident of strong FY25 performance
Buckle up for a bumpy 2025
Latest chart-topper at auctions

Others Also Read