Labuan: Flexi Flex Hydraulics Sdn Bhd has made history as the first company from Labuan to win the prestigious 'SME100 Malaysia - Fastest Growing Companies Award', underscoring its leadership and growing contribution to the region's industrial development.
According to BERNAMA News Agency, the company announced that the award was presented on December 10 at a ceremony held in Kuala Lumpur, marking Flexi Flex's debut recognition among Malaysia's top 100 fastest-growing companies.
Flexi Flex's chief executive officer and managing director, Vijay Sharma, emphasized that the recognition was a testament to the collective effort, dedication, and teamwork of the company's workforce, as well as the trust placed in the company by its clients and partners. He stated that the award reflects the hard work, resilience, and commitment of the entire team, who have consistently delivered quality services while upholding strong governance and compliance standards. The company remains focused on sustainable growth and long-term value creation.
Operating in the industrial services and engineering solutions sector, Flexi Flex specializes in hydraulic services, oil and gas support services, and industrial maintenance solutions. The company provides services nationwide, with a strong operational presence in Sabah, Sarawak, and Labuan.
Established since 2014, Flexi Flex has recorded steady growth in revenue, capabilities, and market presence, supported by the expansion of its service offerings and operational footprint across the country. The company currently employs more than 200 personnel, including direct and indirect staff, contributing to employment opportunities and skills development, particularly in East Malaysia and Labuan.
The statement highlighted that recipients of the award were selected through a stringent evaluation process, including an independent assessment and audit conducted by CTOS. Flexi Flex was recognized for sustained business growth, robust financial performance, scalability, expanded operations, and high standards of corporate governance and compliance.