SME100 Participants More Than Doubled Revenue in 2022

Malaysian SMEs have experienced a significant rebound following the reopening of the economy post-COVID-19 pandemic. In 2022, the SME sector recorded an 11.6 percent growth in GDP against 8.7 percent for the overall economy.

This is also reflected in the number of participants of the SME100 Awards, with nominations jumping by 36 percent to reach 1,088 nominations, breaching the 1,000 mark for the first time in the 15-year history of the award. Revenue growth among the nominees has more than doubled, averaging 112.9 percent versus a year earlier. 

The SME100 Awards is organised by SME Magazine and the Small and Medium Enterprises Association of Malaysia (SAMENTA), honouring outstanding SMEs for their exceptional achievements in various industries.

Deputy Finance Minister, Datuk Seri Ahmad Maslan presented the awards in the presence of Datuk William Ng, national president of SAMENTA, Zahid Ismail, director general of Malaysia Productivity Corporation, and Tan Sri Soh Thian Lai, president of the National Chamber of Commerce and Industry. 

“The government, under the leadership of Prime Minister Datuk Seri Anwar Ibrahim, is committed to creating an enabling environment for our SMEs to thrive. We recognize the importance of providing support, whether through policy frameworks, financial assistance, and infrastructure development, to empower our SMEs to reach greater heights,” Ahmad said in his speech at the SME100 awards ceremony. 

“Despite being the first affected by economic downturns, SMEs, especially the SME100 awardees, have displayed remarkable resilience, strength, and growth. This shows that given the right policy direction and support, our SMEs can perform strongly,” said Ng.

The SME100 Awards maintained rigorous evaluation criteria, encompassing qualitative and quantitative analysis, and a 100% interview requirement. The focus was on growth metrics such as turnover, profit, market share, and resilience indicators including best practices, sustainability, and vision. CTOS provides data for the ranking, while Baker Tilly served as the official auditor of the award. 

Aside from the SME100, four other awards were presented, including the SME100 CTOS Credit Excellence Awards, BMI Sustainable Brand Awards, SME100 SME Icon Award, and BMI Affingem Women Entrepreneur Awards, with Affin Bank sponsoring the latter two categories.

The SME100 has become a symbol of trust and reliability for business owners, with past recipients often going on to be listed on various stock exchanges, including notable companies like Grab, Mynews Holdings Berhad, and Solarvest Holdings Berhad. Besides Malaysia, the SME100 is also organised in Indonesia, Singapore, and Vietnam 

For more information about the SME100 Awards 2023 Malaysia and a complete list of winners, please visit


  1. 10 Infinity Sdn Bhd
  2. 3 Day’s Furniture Sdn Bhd
  3. Advantage Marine Services (Malaysia) Sdn Bhd
  4. Airei Sdn Bhd
  5. Alltank Solutions Sdn Bhd
  6. Armada Cekap Sdn Bhd
  7. Armada Parts Sdn Bhd
  8. Best Crew Sdn Bhd
  9. Business Boutique Hotel Management Sdn Bhd
  10. Byond Tech Global Berhad 
  11. C.H.S. Steelworks Sdn Bhd
  12. Chef Direct Sdn Bhd
  13. Creative Concept Resources Sdn Bhd 
  14. D Jungle People Sdn Bhd
  15. D&B Energy Sdn Bhd
  16. DOREMi Sound & Light Sdn Bhd
  17. Dutamas Semesta Sdn Bhd
  18. Eastern Suntech Engineering & Construction Sdn Bhd
  19. Eintegrity Solutions Sdn Bhd
  20. Emax Beauté International Sdn Bhd
  21. Energyhub Battery Sdn Bhd
  22. Enrich Package (Malaysia) Sdn Bhd
  23. Envicion Studio Sdn Bhd
  24. Estylo Sdn Bhd
  25. Etronix Sdn Bhd
  26. Eventistry Event Management
  27. Gamer2Gamer Sdn Bhd
  28. Gary Chong Studios 
  29. GCFO Capital Sdn Bhd
  30. Global AI Logistics Sdn Bhd
  31. Global Concord Logistics (M) Sdn Bhd
  32. Goldfinch Jewelry Sdn Bhd
  33. Great Cosmo Industries Sdn Bhd
  34. HBT Food & Beverage Sdn Bhd
  35. Hitec Metal Sdn Bhd
  36. HMN Nadhir Sdn Bhd
  37. IDPM Sdn Bhd
  38. IMPACTO Sdn Bhd
  39. IMT Tech Sdn Bhd
  40. In-Source Options Sdn Bhd
  41. Infinic Plastic Technology Sdn Bhd
  42. IPS Software Sdn Bhd
  43. Joeyees Trading Sdn Bhd
  44. JVG Bina Sdn Bhd
  45. Kedai Pajak Well Chip Sdn Bhd 
  46. KKBS Curtain Sdn Bhd
  47. Lee Ming Press Sdn Bhd
  48. Linear Channel Sdn Bhd
  49. Lipoh Roller Shutters Sdn Bhd
  50. Luna Clinic Sdn Bhd
  51. M&D Precision Sdn Bhd
  52. Maharaja Textiles Sdn Bhd
  53. Malex Paper Products Sdn Bhd
  54. Mamami Shoppe (M) Sdn Bhd
  55. MCE Marketing Sdn Bhd
  56. Mid Ventures Sdn Bhd
  57. MIR Maju Enterprise Sdn Bhd (Quikmaster) 
  58. Mirack Technologies Sdn Bhd
  59. MMA Freight Services Sdn Bhd
  60. Monkeycloud Media Sdn Bhd
  61. Nastah Industries Sdn Bhd
  62. Neuropower (M) Sdn Bhd
  63. Next Energy Sdn Bhd
  64. NexxG Worldwide Sdn Bhd
  65. Nicholas Actuarial Solutions Sdn Bhd
  66. Nine Packaging Sdn Bhd
  67. NS Wealth Solution
  68. Okieee Studio Sdn Bhd
  69. One Maker Group Sdn Bhd
  70. PK Furniture System Sdn Bhd
  71. Platinum Podium Sdn Bhd
  72. Polymeric Technology Sdn Bhd
  73. Public Medicare Group Sdn Bhd
  74. Redefined Mortgage Specialist Sdn Bhd
  75. RM Applications Sdn Bhd
  76. Rocketbots Malaysia Sdn Bhd (
  77. San Engineering And Electrical Support Sdn Bhd        
  78. Servedeck Innovation Sdn Bhd
  79. SF Techlogis Sdn Bhd
  80. Shinsei Malaysia Sdn Bhd
  81. SHT Engineering Sdn Bhd
  82. Siacon Technology Sdn Bhd
  83. Sin Lian Seng & Sons Sdn Bhd 
  84. SM Digital Innovation Sdn Bhd
  85. Sri Ternak Mart (SK) Sdn Bhd
  86. Sumitec Sdn Bhd
  87. Suria Dan Sonne Sdn Bhd
  88. SWM Environment Sdn Bhd
  89. Tea Garden Food Supply Sdn Bhd
  90. Techies App Technologies Sdn Bhd
  91. Teraju Pharma Sdn Bhd
  92. Tohs Daily Food Sdn Bhd (Toh’s Daily)
  93. V Fifth Group Sdn Bhd (VF Properties)
  94. Vista Infinity Development Sdn Bhd
  95. Wagro Trading Sdn Bhd
  96. Woodpeckers Group Sdn Bhd
  97. Work Inspires Resources Sdn Bhd
  98. Yoshitec Precision Engineering (M) Sdn Bhd
  99. Zeo Asia Sdn Bhd
  100. ZW Packaging Sdn Bhd (ZW Group)


  1. Awantec (Awanbiru Technology Berhad)
  2. KKBS Curtain (KKBS Curtain Sdn Bhd)
  3. Quikmaster (MIR Maju Enterprise Sdn Bhd)
  4. Siemens (Siemens Malaysia Sdn Bhd)
  5. Tokio Marine (Tokio Marine Life Insurance Malaysia Berhad)


  1. 10 Infinity Sdn Bhd
  2. Etronix Sdn Bhd
  3. Kedai Pajak Well Chip Sdn Bhd
  4. KKBS Curtain Sdn Bhd
  5. Polymeric Technology Sdn Bhd
  6. SF Techlogis Sdn Bhd
  7. Sin Lian Seng & Sons Sdn Bhd 
  8. Sumitec Sdn Bhd


  1. Dr. Eunice Beh (Luna Clinic Sdn Bhd)
  2. Ms. Lim Shu Yi (Nicholas Actuarial Solutions Sdn Bhd)
  3. Dato’ Ong Bee Bee (ZW Packaging Sdn Bhd)


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