EY ‘tech entrepreneur of the year’ is green-tech exec Daud Ahmad
By Karamjit Singh November 29, 2013
- Beat off competition from Cuscapi’s Her and Fusionex’s Teh
- Dialog exec chairman Ngau named overall ‘Entrepreneur of the Year 2013’
GREEN technology was given a boost when Cypark Resources Bhd group chief executive officer Daud Ahmad was named the ‘Technology Entrepreneur of the Year 2013’ for Malaysia in the annual ‘Entrepreneur of the Year’ awards organised by EY, formerly Ernst & Young.
Daud saw off competition from Cuscapi Bhd CEO Her Chor Siong and Fusionex Corp Sdn Bhd managing director Ivan Teh, both of whom have been featured in Digital News Asia (DNA).
Dialog Group Bhd executive chairman Ngau Boon Keat was named the overall ‘Entrepreneur of the Year 2013’ for Malaysia.
Ngau, who also won the ‘Master Entrepreneur Category’ award, will represent Malaysia and join more than 50 country winners to compete for the EY ‘World Entrepreneur of the Year’ award in Monte Carlo next year.
He co-founded Dialog, which has been involved in the petroleum and petrochemical industry, both upstream and downstream, in 1984. Starting with four staff, he grew it into a listed company by 1996.
Today it has grown into a global company with a market capitalisation of RM7.3 billion (US$2.3 billion) and with 2,700 staff.
Ngau and his wife are also founders of the MyKasih Foundation, which provides food aid, training and student bursary programmes to families to help them break the cycle of poverty.
Philip Rao, EY partner and programme director of the Malaysian edition of Entrepreneur of the Year, describes Ngau as “an outstanding example of an entrepreneur as a force for positive economic and social change. He has set new benchmarks, built businesses, created jobs and supported the community.”
The Woman Entrepreneur of the Year was Rosaline Ganendra, director of Minconsult Sdn Bhd; while Emerging Entrepreneur of the Year was Bryan Loo, managing director of Loob Holding Sdn Bhd.
Minister of Youth and Sports, Khairy Jamaluddin, who officiated at the awards ceremony on Nov 28, drew similarities between successful entrepreneurs and sports champions.
“Like sportsmen, entrepreneurs have to jump over tough hurdles and go the distance to reach the finish line. That calls for perseverance, mental toughness and hard work.
You need passion, drive and courage to push over the goal line. These are qualities that will stand the nation’s future in good stead,” he said.
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