Seven Malaysian firms make 2022 Forbes Asia's Best Under A Billion list, three in Penang

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KUALA LUMPUR, Aug 10 — Seven Malaysian-based companies made this year's Forbes Asian Best Under A Billion list, which tracks top performing enterprises with annual sales...

, which tracks top performing enterprises with annual sales between US$10 million and US$1 billion .

UG Healthcare, which makes disposable natural latex and nitrile examination gloves, came in second with total sales of US$251 million in 2021. Its net income was US$88 million. The company was founded in 1989 and is headquartered in Seremban, Negri Sembilan, with a valuation of RM454 million. ViTrox, a company founded in 2000 that develops and produces three-dimensional and line-scan vision systems for semiconductor integrated circuit inspection, was fourth with annual sales of US$164 million and a net income of US$41 million .

Bayan Lepas-based Greatech which makes automation equipment for industries ranging from automotive to medical, and Prai-based Tashin which makes steel products, are both located in Penang.

 

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BN will say that if BN already govern Penang .. all 7 will come from Penang ..

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