The Wall Street Journal, 10 September 2014 - Entrepreneurs honoured

10 September 2014

Entrepreneurs 38 business leaders receive M'sian edition of Asia-Pacific awards By NOEL FOO ^ IN RECOGNITION of the achievements of outstanding entrepreneurs in Malaysia, 38 prominent business leaders took home awards at the Malaysian edition of the Asia Pacific Entrepreneurship Awards (APEA) 2014.

Since 2007, hundreds of entrepreneurs have won this highly sought-after award by Enterprise Asia, a non-governmental organisation that promotes fair and equal opportunities for emerging entrepreneurs. "APEA remains one of the toughest and most competitive awards for entrepreneurs and those who win go home knowing that they are the cream of the crop," said Enterprise Asia chairman Tan Sri Dr Fong Chan Onn in his opening address. A regional award for entrepreneurship held in 12 countries across Asia,

APEA provides a platform for companies to be recognised for entrepreneurial excellence so that they may play a part in building Asian economies. Present to officiate at the awards ceremony was Deputy International Trade and Industry Minister Datuk Lee Chee Leong. Lee congratulated the winners and emphasised on the importance of entrepreneurs in developing the nation.

According to Fong, the winners were selected from hundreds of nominees after being put through a six-month vetting process with the appointed independent audit firm, in which they had to meet stringent criteria and high standards of excellence. This year, Enterprise Asia named Permodalan Nasional Berhad chairman Tun Ahmad Sarji Abdul Hamid the winner of the prestigious Lifetime Achievement Award at the Grand Hyatt Kuala Lumpur recently.

Joining him in the special category was Tropicana Corporation Berhad founder and chairman Tan Sri Danny Tan, who bagged the Entrepreneur of the Year award. Westports Malaysia executive chairman Tan Sri G. Gnanalingam and Elabram Systems group managing director Mikel Yaw won the Special Achievement Award and Young Entrepreneur of the Year awards respectively.

Another 16 entrepreneurs were chosen as winners in the Outstanding category while 18 more were chosen for the Most Promising category, representing every industry from retail to telecommunication. A small charity auction was also held at the gala dinner to raise funds for ChildFund Asia. Other editions of APEA will be held in Hong Kong, the Philippines and Thailand in the coming months to recognise the achievements of entrepreneurs in each respective country.