Pn Anida Ishak, General Manager, Investor Relations & Management Reporting  receiving the Excellence Award
for Tenaga Nasional Berhad from the Guest of Honour, Y Bhg  Datuk Wan Selamah binti Wan Sulaiman,
Accountant General of Malaysia

Tenaga Nasional Berhad emerged as the Excellence Award winner of the National Award for Management Accounting (NAfMA) 2011, beating six other companies. Accountant General Datuk Wan Selamah Wan Sulaiman presented the awards at a grand dinner ceremony at One World Hotel, Petaling Jaya on 6 December 2011.

Plus Expressways Berhad won the Best Practice Award in the public listed category while Shamawar Elekrika Sdn Bhd won in the SME category. The Practice Solution Award was won by Malaysia Airports Holdings Berhad in the public listed category, Hicom-Yamaha Manufacturing Malaysia Sdn Bhd in the.non-listed category. In the SME category, the Practice Solution Award was won by KEU Transweld Sdn Bhd and Shamawar Sdn Bhd.

The NAfMA awards recognise best practices in management accounting by companies in Malaysia that lead to value creation and excellent business performance. The NAfMA awards also aim to promote the application of management accounting techniques and systems within organisations in Malaysia.

Yeo Tek Ling, Chairman of the NAfMA Organising Committee said during his welcome speech: ‘We are proud that NAfMA’s unique assessment framework offers participating companies a chance to review their operations and see the value of management accounting tools and techniques.’

The NAfMA winners were assessed on eight criteria – leadership, management accounting information, resource management, customer / market focus, partnership management, value creation, business results and corporate social responsibility. These eight criteria are based on the management accounting concepts of the International Federation of Accountants (IFAC).

The awarding bodies for NAfMA are CIMA (Chartered Institute of Management Accountants) Malaysia Division and the Malaysian Institute of Accountants (MIA). The working partners are CIMA-UiTM Asian Management Accounting Research Centre (AMARC) and National Productivity Corporation (NPC).

NAfMA 2011 is supported by the Accountant General's Department of Malaysia, Federation of Malaysian Manufacturers, British Malaysian Chamber of Commerce, the Malaysian International Chamber of Commerce and Industry and SMI Association of Malaysia. Public Bank Berhad is the main sponsor for NAfMA while Bernama TV is the Official Media Partner. Malaysian Business is the Official Business Magazine and SME Malaysia is the Official SME publication. The Platinum sponsor is Bank Kerjasama Rakyat Malaysia Berhad and the Gold sponsors are Permodalan Nasional Berhad and Bank Muamalat. The Silver sponsors are Century Software Holdings Berhad and Maxis Berhad.

The 2011 NAfMA winners posing with the Guest of Honour and NAfMA organisers - from left to right - YBhg. Dato' Noorizah Hj Abd Hamid (Managing Director, Plus Expressways Berhad), En Faizal Mansor (Chief Financial Officer, Malaysia Airports Holdings Berhad), Y Bhg Professor Datin Dr. Suzana Sulaiman (Chairperson, NAfMA 2011 Assessment Committee), Mr Yeo Tek Ling (Chairman, NAfMA 2011 Organising Committee), Y Bhg Datuk Mohd Nasir Ahmad (President, Malaysian Institute of Accountants), Pn Anida Ishak (General Manager, Investor Relations & Management Reporting, Tenaga Nasional Berhad), Guest of Honour, Y Bhg Datuk Wan Selamah binti Wan Sulaiman (Accountant General of Malaysia), Mr Francis Chan (Divisional President, CIMA Malaysia), Y Bhg Datin Ani Mawar Abdullah (Chief Executive Officer, Shamawar Sdn Bhd & Shamawar Elektrika Sdn Bhd), Miss Melinda Khoo Kwee Bee (Chief Financial Officer, Hicom-Yamaha Manufacturing Malaysia Sdn Bhd), Mr Ang Kok Hua (Managing Director, KEU Transweld Sdn Bhd).

FULL LIST OF WINNERS

Excellence Award
TENAGA NASIONAL BERHAD

Best Practice Award
Public Listed Company
PLUS EXPRESSWAYS BERHAD

SME
SHAMAWAR ELEKTRIKA SDN. BHD.

Practice Solution Award
Public Listed Company
MALAYSIA AIRPORTS HOLDINGS BERHAD

Non-Listed Company
HICOM-YAMAHA MANUFACTURING MALAYSIA SDN BHD

SME
KEU TRANSWELD SDN. BHD.
SHAMAWAR SDN. BHD.