5 Malaysian firms make it to Forbes Asia’s ‘Best Under A Billion’

company-malaysiaKUALA LUMPUR: Five Malaysian companies have again made it into Forbes Asia’s annual Best Under A Billion list.

They are Elsoft Research, Kerjaya Prospek Group, MyEG Services, Pentamaster Corp and ViTrox Corp.

Last year, too, five companies made it into the list – Karex Bhd, Inari Amerton Bhd, Mitrajaya Holdings Bhd, MyEG Services and Signature International Bhd.

Elsoft is involved in research, design and development of test and burn-in systems and application specific embedded systems for the semiconductor, optoelectronic and automation industries.

Kerjaya Prospek Group Berhad, an investment holding company, provides building construction, interior fit-out, and miscellaneous construction related services.

MYEG builds, operates and owns the electronic channel to deliver services from various government agencies to citizens and businesses.

Pentamaster Corporation Berhad is a leader in providing advance, world-class manufacturing automation solutions and services, while ViTrox Corporation Berhad specialises in designing and developing automated vision inspection systems and equipment testers for the semiconductor and electronic packaging industries.

The “Best Under A Billion” list highlights 200 leading stock-traded companies in the Asia Pacific region, with annual revenue between US$5 million and US$1 billion, Forbes Asia explained.

“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,” Forbes Asia said in a statement.

It said 875 of 18,000 candidates passed its criteria for profitability, growth and modest indebtedness.

China had the highest number – 70 companies – this year, followed by Japan, Taiwan and South Korea.

Overall, consumer products and services companies have been on the rise on the list, reflecting a shift towards a consumer economy, according to Forbes Asia.