British American Tobacco (Malaysia) Berhad was awarded the ‘Highest Return on Equity Over Three Years in the Consumer Products and Services Sector’ at The Edge Billion Ringgit Club 2018.
The Edge Billion Ringgit Club is where the Edge Media Group and partners celebrate Corporate Malaysia’s best-performing companies and top responsible organisations, and this year is the ninth year of the celebration.
BAT Malaysia Finance director, Ricardo Guardo accepted the award from The Edge Group chief executive officer and publisher, Ho Kay Tat and OCBC Bank (Malaysia) Bhd chief executive officer, Datuk Ong Eng Bin at the gala dinner held in Kuala Lumpur.
BAT Malaysia upheld its reputation as a leader in the category, having won the same award for eight years now.
OCBC Bank (M) Bhd returned as the main sponsor while Swiss luxury watchmaker Jaeger-LeCoultre was a supporting sponsor and Mercedes-Benz Malaysia was the official car.
The Edge Billion Ringgit Club was first held in 2010 as a way to recognise Malaysia’s top performing listed companies with a market capitalisation of above RM1 billion, this year there are over 170 The Edge BRC members.