The Lang International Corporate Titans Award (LICTA), one of the most prestigious awards in the Malaysian business community, has recently been announced. Malaysia Co-operative Societies Commission of Malaysia (SKM) has won “The Best Agency in Socio-Economic Development” award, which is considered a top Malaysian business award, for its outstanding performance in the cooperative industry. As a Malaysian government agency, SKM has been committed to promoting stable development among cooperatives and playing an essential role in achieving the country’s social and economic development goals. This award not only recognizes SKM’s efforts but also supports and encourages the cooperative industry in Malaysia.

LICTA is an internationally recognized business award supported by the Malaysian government, aimed at honoring institutions or outstanding talents who have made excellent contributions to social and economic development. In addition, LICTA is not only a corporate certification unit but also an excellent business platform. Companies that have won LICTA awards are more likely to gain the trust of the government, customers, and bankers. SKM won this top Malaysian business accolade for its outstanding performance in maintaining the financial health, progress, and sustainable development of the cooperative industry, as well as overseeing and managing the cooperative sector. This award not only acknowledges SKM’s excellent performance in the cooperative industry but also proves its indispensable role in the country’s social and economic development.

As an important institution in the cooperative industry, SKM has been committed to creating a favorable development environment for cooperatives and encouraging healthy development by providing services such as consultation, training, and technical support. This award not only recognizes SKM’s efforts but also proves its critical role in the cooperative industry and its positive impact on its growth and development.

Furthermore, as a recipient of LICTA, a top Malaysian business accolade and an internationally recognized award in the Malaysian business community, SKM will further strengthen its position and influence in the cooperative industry and provide broader development opportunities for its future. We believe that under the leadership of SKM, the cooperative industry in Malaysia will achieve more stable and sustainable development in the future, making greater contributions to the country’s social and economic development.

Second from the left: Dato’ Lee Chee Weng, Selection Chairman of LICTA; YB Dato Sri Alexander Nanta Linggi, Minister of KPDNHEP; YBrs. Tuan Haji Zazali Haron, Deputy Executive Chairman of SKM.

YBrs. Tuan Haji Zazali Haron, the Deputy Executive Chairman of SKM, expresses gratitude for being awarded the LICTA award and considers it a great honor for SKM.

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