MRCB Group MD is Fiabci Property CEO of the Year

KUALA LUMPUR: Group managing director of Malaysian Resources Corp Bhd (MRCB), Shahril Ridza Ridzuan was honored as the Property CEO of the Year in the Fiabci Malaysia Property Award 2009 on Nov 16.

“When I was first informed of the award, my initial reaction was that of surprise. Compared with many of the luminaries sitting around this room tonight, my career in property had barely even started,” said Shahril in his acceptance speech.

He noted that a leader could never perform unless everyone else in the organisation is performing with him.

“Any recognition given tonight must really be for everyone at MRCB who has worked together from the difficult years after the Asian Financial Crisis to this year when we launched six million sq feet of new space at KL Sentral, by far the biggest single deployment of private development ever in the city,” he said. 

The Malaysia Property Award has been an annual affair since 1992 for key players of the real estate industry, which is presented by the Malaysian Chapter of the International Real Estate Federation (Fiabci). The ceremony was graced by the Sultan of Selangor, Sultan Sharafuddin Idris Shah Al-Haj.

The Property CEO of the Year is among six other awards presented during the event. The winner for Master Plan category was Puteri Harbour in Nusajaya, Johor by UEM Land Bhd; Residential Development (High Rise category) – Park Seven, Kuala Lumpur by Selangor Dredging Bhd; Residential Development (Low Rise category) – Adiva, Kuala Lumpur by Perdana ParkCity Sdn Bhd.

The Curve in Mutiara Damansara by Boustead Curve Sdn Bhd bagged the Retail Development category award while Menara Hap Seng by Menara Hap Seng Sdn Bhd clinched the Office Development Category award. Sooka Sentral by MRCB took the Purpose-Built Project category award.

The winner of the Malaysia Property Award 2009 will represent Malaysia to compete with projects from 60 countries in the international award event, “Fiabci Prix d’Excellence”, which will be held at the Fiabci 61st World Congress in Bali, Indonesia, next May.