NAIM WINS CIDB MCIEA 2007 CONTRACTOR GRADE G7 AWARD

Top contractor and property developer from Sarawak Naim Cendera Holdings Berhad (Naim) gets another fine feather on the cap. A panel of judges who were nominated by the various government departments, professional associations and the private sectors representing the Malaysian construction industry, have adjudged Naim Cendera Sdn Bhd (a wholly owned subsidiary of Naim) as the recipient of the prestigious Malaysian Construction Industry Excellence Award 2007 (MCIEA 2007) under the Contractor Award: Grade G7.

Group Chairman Datuk Abdul Hamed Sepawi and Group Chief Executive Officer and Managing Director Datuk Hasmi Hasnan received the award from the Honorable Minister of Works, Dato’ Seri S. Samy Vellu at the glittering MCIEA 2007 Award Nite at the Kuala Lumpur Convention Centre, Kuala Lumpur held last night.

Naim won the award for successfully completing the Bridge Over Batang Balingian And Its Approaches in the Mukah Division, Sarawak. Built at a cost of RM22.60 million for the Sarawak Government under the supervision of Jabatan Kerja Raya (JKR) Sarawak, the bridge is the only link between Balingian and Kuala Balingian. It was handed over to the JKR on the 25 May 2007, 13 months ahead of schedule with cost savings, zero defects and numerous innovative design features.

Among others, it is the first in South East Asia to implement environmentally friendly Scrap Tire Wall for construction of the bridge approaches. It is also the first to use in-situ stitching of the suspended t-beams to allow wider navigation passage for barges and the first combination usage of launching truss and rail track with lifting arm for precision positioning of the suspended t-beams to avoid double handling and multiple adjustments.
Naim attributes the success of the project to their effective project management, good teamwork, dedication and commitment of all parties, including the good working relationship with local government authorities, the Balingian Council, SESCo, Sarawak Rivers Board, the Department of Safety and Health, the Lands & Surveys Department and the Natural Resource & Environment Board, working under tight site constraints and unusual high water level most of the time.

Naim Cendera Holdings Berhad was recently ranked 12th overall in Malaysia for compliance with local and international corporate governance principles and best practices in the 2007 Corporate Governance Survey Report, a joint study by the Minority Shareholder Watchdog Group and the University of Nottingham Business School, a leap of eight places from its remarkable debut last year in 20th position. The group was the clear leader in the property sector, was one of only 10.29% of companies providing detailed disclosure of Directors’ remuneration, and was once more the highest-ranked listed company from Sarawak by a substantial margin.

Reflecting its vision to be the leading home builder and contractor of quality, reliability and value for money, Naim has won a host of local, national and international awards, including CIDB’s Institutional Building Project Builders Award in 2002, Sarawak Chamber of Commerce & Industry (SCCI) Best Annual Report Award and MCIEA Medium Scale Building Project Award in 2003. In 2004, they won 3 awards, the MCIEA Medium Scale Engineering Project Award, the Malaysia Canada Business Excellence Award in Industry Excellence for Construction and the very prestigious CIDB Builder Of The Year 2004.

Their accolades continued in 2005 where they were awarded the Spain 17th International Construction Award – New Millennium Award, the Malaysian Corporae Social Enviornment Responsibility Award and the KPMG Shareholders Value Award.

Chairman Datuk Abdul Hamed Sepawi was named Sarawak State Entrepreneur Of The Year 2004 by the SCCI while Chief Executive Officer and Managing Director Datuk Hasmi Hasnan was bestowed the same award in 2006, confirming their standing as leading entrepreneurs from Sarawak.

Related Info: http://www.naimcendera.com/constructionengineeringdetails.asp?id=16