DiGi only Malaysian company in Forbes Asia Fab 50 list
By Digital News Asia December 10, 2012
- Companies chosen from pool of 1,295 corporations with at least US$3bil in annual revenue or market capitalization
- List dominated by companies from China (23 entries) and India (11 entries)
DiGi.com Berhad (DiGi) is one of Asia Pacific's 50 best publicly-traded companies according to Forbes Asia's Fabulous 50 list, and was the only Malaysian company to make the list otherwise dominated by China (23 entries) and India (11 entries).
The companies were chosen from a pool of 1,295 corporations with at least US$3 billion in annual revenue or market capitalization, and by evaluating revenue, earnings, return-on-capital, share price movements, and general business outlook, DiGi said in a statement.
Its chief executive officer Henrik Clausen, who was present at the Forbes Asia “Fabulous 50” Award Ceremony and Dinner held in Macau last week said, “We’re proud to be recognized for our ability to maintain solid financial performance, deliver value to our shareholders, and for having and executing a clear business plan that will help us achieve our next phase of growth centered on the Internet.
“Over the years, we have gained a reputation not only for being a leading Malaysian brand but for consistently building a solid track record in driving growth,” said Clausen (pic above, right, seen with Christopher Forbes, vice chairman of Forbes Media).
“… this year’s list … is a roll call of outfits that have managed to thrive amid decelerating growth in Asia and all but nonexistent growth in their US and European markets,” Forbes Asia said, adding that the technology industry once again dominated its list with 11 representatives, up from eight last year.
Read more about the Forbes Asia Fabulous 50 list at http://www.forbes.com/fab50/; the list itself is available here.
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