Frost & Sullivan Recognizes Excellence in Malaysian Operations

KUALA LUMPUR, Malaysia, May 12 /PRNewswire/ -- Frost & Sullivan recognized exemplary corporations within the Automotive, Logistics, Industrial Technologies, Energy & Power Systems, Environmental & Building Technologies and Healthcare sectors in Malaysia at the 2010 Malaysia Excellence Awards, this evening.

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Held in conjunction with the 2010 Frost & Sullivan Malaysia Telecoms Awards, the cross-industry banquet was attended by some of the most recognised names in Malaysia including Dato' Haji Syed Zainal Abidin Bin Syed Mohamed Tahir, managing director of Proton, Edda Fischer, Chief Corporate Officer of Prince Court Medical Centre, Aminar Rashid Salleh, managing director of Perodua, Datuk Rameli Musa, Executive Vice Chairman of Ingress Corporation Berhad, Rezza Hassan, CFO of Bumi Armada Berhad and many more.

Addressing the C-level gathering of over 200 C-level guests, partners and media, Asia Pacific managing director and partner for Frost & Sullivan, Manoj Menon, said, "There has been some remarkable performance by Malaysian companies during a time of what was otherwise a tough year for the global economy. For that alone we extend our congratulations to each and every recipient tonight for their exemplary achievements."

Mr. Menon added that, "The objective of recognizing excellence across diverse industry sectors in one forum was to encourage companies to explore cross industry partnerships.  The integration of technologies such as Smart Grids, Electric Vehicles, Cloud Computing, Social Networking and Wireless communication offers companies opportunities to participate in the development of Smart Cities and new lifestyle based services. This will be the key engine of growth for companies in the next decade."  

Jafizwaty Haji Ishahak, associate director for Frost & Sullivan, and the chairwoman for the Malaysia Excellence Awards elaborated on the award selection process, "The market is scanned by our leading analysts, who track the individual business sector closely. Companies that stand out in this research are short-listed and further evaluated against each other by a regional team of Frost & Sullivan experts who eventually identify the deserving recipients."

A total of 11 leading organizations including well-known home-grown players as well as multinational corporations operating in the local space were honored at this high-profile celebration. Leading the healthcare sector with their best practices were StemLife and Prince Court Medical Centre. Recipients from the Industrial Technologies sector included Smart Surface and Novaviro Technology, while Sime Darby Property Berhad and Bumi Armada Berhad were the sole recipients for Environmental & Building Technologies and Energy & Power Systems categories respectively.

Sharing the lime-light along with these leaders was the evening's only dual award recipient, Proton Holdings Berhad. It received the Best Automotive Debut Model of the Year for Proton Exora and Best Passenger Model of the Year for Proton Saga.  

Other recipients for the automotive category were Perodua and Ingress Corporation Berhad. Perodua clinched the Best Passenger Car Value-for-Money Model of the Year for Perodua Viva for the third consecutive year.

Meanwhile, Ingress Corporation Berhad was presented with the Automotive Component Manufacturer of the Year.

The short-listed companies for the 2010 Frost & Sullivan Malaysia Excellence Awards are evaluated on a variety of actual market performance indicators, which include revenue growth; market share and growth in market share; leadership in product innovation; marketing strategy and business development strategy.

Frost & Sullivan congratulates all the outstanding recipients of the 2010 Frost & Sullivan Malaysia Excellence Awards.

For more details on the 2010 Malaysia Excellence Awards log-in to http://www.malaysia-awards.com/

Business Today is the official business magazine, Malaysian Reserve is the official business newspaper, ZDNet Asia is the official online media partner and PR Newswire is the official newswire. Medical News, Medical Supplies Directory, IA News and IA Directory are the media partners, while IA Community, Infinity 21 and the Malaysia Automotive Association are the supporting associations for the awards.  

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com

SOURCE Frost & Sullivan