MRCB MD is Property CEO of the Year
Posted on | November 17, 2009
By THE STAR
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) group managing director Shahril Ridza Ridzuan was named the “Property CEO of the Year” at the International Real Estate Federation (FIABCI) Malaysia Property Award 2009 yesterday.
Shahril Ridza received the prestigious award from the Sultan of Selangor, Sultan Sharafuddin Idris Shah. MRCB’s projects include Kuala Lumpur Sentral, Stesen Sentral and Sooka Sentral.
In his speech after receiving the award, Shahril said that when he was first informed of the award, he was surprised but added that team work was key. “A leader can never perform unless everyone else is performing with him. Any recognition given tonight must really be give for everyone at MRCB who has worked together from the difficult years after the Asian Financial Crisis to this year, when we launched RM6mil sq ft of new space at KL Sentral, which is by far the biggest single deployment of private development ever in Kuala Lumpur.”
Shahril added that over the last 5 years, MRCB had successfully built from scratch a business in environmental rehabilitation. “We are now the market leader in river and coastal work and that is partly due to our investments in the right technology.”
The award, dubbed the “property Oscars” by industry players, also acknowledged six property projects.
Sultan Sharafuddin Idris Shah presenting the award to Shahril Ridza Ridzuan (right)
The winners for the Malaysia Property Award 2009 were UEM Land Bhd’s Puteri Harbour in Nusajaya, Johor (Master Plan Category); SDB Properties Sdn Bhd’s Park Seven in Kuala Lumpur (Residential Development – high rise); Perdana ParkCity Sdn Bhd’s Adiva in Kuala Lumpur (Residential Development – low rise); Boustead Curve Sdn Bhd’s The Curve, Mutiara Damansara in Petaling Jaya (Retail Development); Menara Hap Seng Sdn Bhd’s Menara Hap Seng in Kuala Lumpur (Office Development Category) and MRCB’s Sooka Sentral in Kuala Lumpur (Purpose-Built Project). FIABCI organising chairman Yeow Thit Sang said, “This is the 17th year we are hosting the Malaysia Property Award. There were over 50 entries and all of them were of the highest quality. Many of this year’s winners won by a narrow margin and evaluating and judging this year’s entries was intense.”
Winners of the Malaysia Property Award in their relevant categories will go on to represent Malaysia next year at the International Prix d’Excellence.
The International Prix d’Excellence is an annual competition which honours the world’s best property projects. The 2009 Malaysia Property Award was organised by FIABCI Malaysia, with Malayan Banking Bhd as the official sponsor.
The emphasis for this year’s award was “Intrinsic Value in Holistic Living”.
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