PETALING JAYA (July 1): OSK Property Holdings Berhad (OSK Property) has been listed on Forbes Asia’s Best Under a Billion 2015.

The list is of 200 high-performing Asia-Pacific public companies with an annual revenue of between US$5 million (RM18.8 million) and US$1 billion.

OSK Property is one of two property developers, and among 11 Malaysian companies that made the list.

In a statement, executive director of OSK Property Ong Ju Xing said the listing validates OSK Property’s position “as one of the leading developers in the country’s competitive real estate industry, where we have been inspired by so many of our industry peers...

“We dedicate this accomplishment to our customers and our team that has relentlessly poured in their support and commitment throughout the years.”

The Forbes Asia annual Best Under a Billion lists the most dynamic publicly traded companies with positive net income for at least a year. From 17,000 companies, candidates were screened based on profitability, growth and modest indebtedness.

The selected 200 companies in are those that produced the highest sales and earnings growth in the past 12 months and over three years and for the strongest five-year return on equity.

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