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)
The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini.
Interested in having your press releases, exclusive interviews, or branded content articles on Malaysiakini? For more information, contact [email protected] or [email protected]