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Malaysian SMEs Shine at the SME100 Awards 2024, Reflecting Growth and Resilience
Published:  Dec 17, 2024 4:45 PM
Updated: Dec 19, 2024 9:30 AM

Malaysian small and medium enterprises (SMEs) continue to demonstrate remarkable growth and resilience. For the 2024 SME100 Awards, the majority of winners hailed from the services sector, including retail and wholesale, professional and business services, IT, and education.

The manufacturing sector came in second, followed by construction and agriculture. This aligns with the findings of the 2023 MSME Performance Report by the Department of Statistics Malaysia, which highlighted a 6.5% increase in sectoral GDP for the services sector, compared to 5.0% growth across all SMEs.

The SME100 Awards is organized by SME Magazine and the Small and Medium Enterprises Association of Malaysia (SAMENTA), honouring outstanding SMEs for their exceptional achievements in various industries since 2009.

The awards ceremony was officiated by the Minister of Entrepreneur Development and Cooperatives, YB Ewon Benedick, who presented awards to the winners, in his keynote address, highlighted the MADANI government's commitment to fostering a supportive ecosystem for SMEs under the leadership of Prime Minister Datuk Seri Anwar Ibrahim, emphasizing initiatives such as policy frameworks, financial assistance, market access, and capability building to drive SME growth and success.

This year’s program saw another record-breaking 1,279 nominations, a 17% increase from 2023. This surge underscores the growing acknowledgment of SMEs’ vital contribution, which accounted for 39.1% of Malaysia’s GDP last year.

“The SME100 Awards continue to underscore the entrepreneurial excellence of our SMEs, highlighting their contributions as key drivers of economic growth. With strong support from the government and a commitment to innovation, our SMEs are well-positioned to take on global challenges and opportunities," said Datuk William Ng, Organizing Chairman and National President of SAMENTA.

Ng added, “These businesses exemplify resilience and ingenuity, paving the way for a more dynamic and competitive economy. As we celebrate their achievements, we remain committed to empowering SMEs to scale new heights and shape a brighter future for Malaysia.”

The SME100 Awards maintained its stringent evaluation process, combining qualitative and quantitative assessments, and a 100% interview requirement. Key metrics included turnover, profit, market share, sustainability, and best practices. Data for the rankings was provided by CTOS, with Baker Tilly as the official auditor, ensuring transparency and credibility.

Additional from the SME100 Awards, three other awards were presented, including the SME100 CTOS Credit Excellence Awards, BMI Sustainable Brand Awards, and BMI Women Entrepreneur Awards, with Affin Bank sponsoring the latter two categories.

The SME100 Awards have become a hallmark of trust and reliability, with past winners such as Grab, Mynews Holdings Berhad, and Solarvest Holdings Berhad going on to achieve public listing. Beyond Malaysia, the SME100 Awards are also celebrated in Indonesia, Singapore, and Vietnam, solidifying its regional impact.

For more information about the SME100 Awards 2024 Malaysia and a complete list of winners, please visit https://sme100.asia.

LIST OF WINNERS OF THE SME100 AWARDS 2024 IN ALPHABETICAL ORDER

SME100 Awards Fast Moving Companies  

1. ABERS Resources Sdn Bhd  

2. Addy Design Consultant Sdn Bhd 

3. Aden One (M) Sdn Bhd 

4. AEO Freight Sdn Bhd 

5. AFG Logistics Sdn Bhd 

6. Akitree Design Sdn Bhd 

7. Alienworld Technology Berhad  

8. Allied Forklift (M) Sdn Bhd  

9. Alpha Group Realty Sdn Bhd  

10. Alpha Solar Sdn Bhd  

11. Aries Engineering Consultants Sdn Bhd 

12. Ascons Real Estate Sdn Bhd 

13. ASIC Offshore & Marine Sdn Bhd  

14. B United Printers Sdn Bhd 

15. B-Crobes Laboratory Sdn Bhd 

16. Barisan Samudera Sdn Bhd 

17. Beast Kingdom (Malaysia) Sdn Bhd 

18. Binatex Sdn Bhd 

19. Brentt Gard Sdn Bhd 

20. Bumi Optimus (M) Sdn Bhd 

21. Cezars Kitchen Sdn Bhd  

22. Cleanroom Industries Sdn Bhd 

23. CLL Systems Sdn Bhd 

24. Cloud Mile Sdn Bhd 

25. Coffeebot Holdings Sdn Bhd 

26. Connexus Realty Sdn Bhd 

27. Corvus Techub Sdn Bhd 

28. CS E&I Engineering Sdn Bhd  

29. Cuberlab Sdn Bhd 

30. Cxicon Sdn Bhd 

31. D Houz Sdn Bhd 

32. Fronix Sdn Bhd 

33. Global Setia Trading Sdn Bhd 

34. GME Greentech Sdn Bhd 

35. GoCloud Global Sdn Bhd  

36. Gold Key FnB Sdn Bhd 

37. Goodwinds Project Solutions Sdn Bhd 

38. Greenlane Freight Sdn Bhd 

39. Happy Plantations (Kota Marudu) Sdn Bhd 

40. HD Solar New Energy Sdn Bhd 

41. Healthcare Planet Sdn Bhd 

42. Home Dfine Sdn Bhd  

43. iDynamics Software Sdn Bhd 

44. Impian Home Design Sdn Bhd 

45. Inniva Design (M) Sdn Bhd  

46. JDA Immersive Media Sdn Bhd 

47. Ji Long Hardware Trading 

48. Joy Paradise Holidays Sdn Bhd

49. JV-Binasistem Sdn Bhd 

50. Kapten Batik (M) Sdn Bhd 

51. Karuna (Sarawak) Enterprise Sdn Bhd 

52. KISL Technology Centre Sdn Bhd 

53. KK Precasts Sdn Bhd 

54. Koperasi Kakitangan PETRONAS Berhad (KOPETRO) 55. Lakoo Advertising & Consultant Sdn Bhd 56. Lass Holdings Sdn Bhd 

57. Ledgen Malaysia Sdn Bhd 

58. Lee Sportswear International Sdn Bhd 

59. Life Care Systems (M) Sdn Bhd 

60. LifeWave (M) Sdn Bhd  

61. M&T Group Plus Plt 

62. Mana Mana Suites Sdn Bhd 

63. Maslow Trainers & Consultants Sdn Bhd 64. Maxenta Cosmeceuticals Sdn Bhd 

65. Medishield First Aid Supplies Sdn Bhd 

66. Meraque Services Sdn Bhd  

67. Milieu Solar Sdn Bhd  

68. Miniso Winky (M) Sdn Bhd  

69. Mirai Industrial Automation (M) Sdn Bhd 

70. MJ Excell Catering Sdn Bhd 

71. MMX Solutions Sdn Bhd 

72. Most Capital Group Sdn Bhd 

73. Nationwide Logistics Sdn Bhd 

74. Nexus Smart Consortium Group Sdn Bhd 75. Nibou Industries (M) Sdn Bhd 

76. NS Tawakal Sdn Bhd (Klinik HealthQuarters) 77. Octopus Marketing Sdn Bhd 

78. Orisys E&C M Sdn Bhd  

79. Paramount Asphalt Sdn Bhd 

80. Populus Project Sdn Bhd 

81. Produk Makanan Enak Gembira Sdn Bhd 82. Prolific Cargo Services (PG) Sdn Bhd 

83. Quantum Universal Builders Sdn Bhd  

84. RC Renovation Contractor 

85. Refined Design Enterprise 

86. Right Power Technology Sdn Bhd 

87. RK Space Creation Sdn Bhd  

88. Rogue Asia Sdn Bhd  

89. San Engineering and Electrical Support Sdn Bhd  90. Sasaki Industrial Sdn Bhd 

91. SC Tactical Bridge Sdn Bhd  

92. Schmetterling Rental Sdn Bhd 

93. SEO Services Sdn Bhd 

94. Shun Ta Logistic (M) Sdn Bhd 

95. Silara Akses Sdn Bhd 

96. Simplekeyz Property Management Sdn Bhd 97. Sin Soon Fa Fruits Sdn Bhd 

98. Sinsheng Tat Trading Sdn Bhd 

99. Skin Renew International (M) Sdn Bhd  

100.Soritsu Technology Malaysia Sdn Bhd 

101.Soybean Factory Production Sdn Bhd 

102.Stoked Associates Sdn Bhd  

103.Suifour Furniture Sdn Bhd 

104.Techsaltants Sdn Bhd  

105.TenQ Group Sdn Bhd 

106.The Solar House Sdn Bhd 

107.Tiger Motors Sdn Bhd 

108.Timuran Kembangan Sdn Bhd 

109.TKC Fruits & Vegetables Sdn Bhd

110.TLH Solution (M) Sdn Bhd 

111.Trend Global International Sdn Bhd 

112.TTL Sales & Rental Sdn Bhd 

113.U Plus Realty Sdn Bhd 

114.UbinGO Vacations Sdn Bhd 

115.Unique Travel & Convention Sdn Bhd 

116.VBH Group Sdn Bhd 

117.Vega Project Sdn Bhd 

118.VSD Automation Sdn Bhd  

119.W One Tech Energy Sdn Bhd 

120.Webgeaz Sdn Bhd  

121.Webmores Digital Marketing Sdn Bhd 

122.WITO Technology Sdn Bhd 

123.YEA Business Sdn Bhd  

124.Yes Bizs Sdn Bhd 

125.YLSE Technologies (M) Sdn Bhd  

126.Zen Design Studio (M) Sdn Bhd 

SME100 CTOS Credit Excellence Awards 

1. AEO Freight Sdn Bhd 

2. B United Printers Sdn Bhd 

3. CS E&I Engineering Sdn Bhd  

4. iDynamics Software Sdn Bhd 

5. KK Precasts Sdn Bhd 

6. Medishield First Aid Supplies Sdn Bhd 

7. Techsaltants Sdn Bhd 

8. The Solar House Sdn Bhd 

9. Tiger Motors Sdn Bhd 

10. Vega Project Sdn Bhd

BMI Sustainable Brand Awards 

1. Allied Forklift (M) Sdn Bhd 

2. Alpha Solar Sdn Bhd 

3. B-Crobes Laboratory Sdn Bhd 

4. Coffeebot Holdings Sdn Bhd 

5. Generali Insurance Malaysia Berhad  

6. GME Greentech Sdn Bhd  

7. Gold Key FnB Sdn Bhd 

8. Greenlane Freight Sdn Bhd 

9. Kapten Batik (M) Sdn Bhd 

10. Lee Sportswear International Sdn Bhd 

11. Milieu Solar Sdn Bhd 

12. San Engineering and Electrical Support Sdn Bhd 13. Yes Bizs Sdn Bhd 

BMI Women Entrepreneur Awards 

1. Ascons Real Estate Sdn Bhd  

2. Bumi Optimus (M) Sdn Bhd 

3. Cleanroom Industries Sdn Bhd 

4. Mana Mana Suites Sdn Bhd 

5. Most Capital Group Sdn Bhd 

6. Nexus Smart Consortium Group Sdn Bhd 7. NS Tawakal Sdn Bhd (Klinik HealthQuarters) 8. Soritsu Technology Malaysia Sdn Bhd 

9. Trend Global International Sdn Bhd 

10. VBH Group Sdn Bhd 


This content is provided by Business Media International (BMI)

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