ACS Receives Forbes Asia’s Best Under a Billion Award in BangkokDecember 15, 2014
HONG KONG, 15 Dec, 2014 - Advanced Card Systems Ltd. (ACS, a wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers (Source: Frost & Sullivan), attended the Forbes Asia “Best Under a Billion” Forum and Awards Dinner. The event was held on 9 December 2014 in Plaza Athénée, Bangkok, Thailand. Ms. Elsie Lai, Executive Vice President for Product Marketing, represented ACS.
The invitation-only event featured a panel session entitled, “Blueprint for Success.” The panel session was included to give awardees insights on how they can grow to being among the top performers in a larger global pool.
“We came here not only because we want to celebrate ACS’s second time to be declared as one of Forbes Asia’s Best Under a Billion” says Elsie. “ACS maximizes every learning opportunity. The panel session has been fruitful, and we are excited to look at how we can use the insights we got here, as another step toward this goal.”
ACS was included in Forbes Asia’s Best Under a Billion in 2010 and 2014 because of its freedom from negative issues regarding management and financial practices; its modest indebtedness; and its positive sales growth, earnings growth, and return on equity. ACS emerged as one of the top 200 companies from a pool of 17,000 candidates across multiple industries.
Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers. ACS is the winner of the Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. In 2010 and 2014, ACS was listed in Forbes Asia's “Best Under a Billion" list, an inter-industry list comprised of 200 top-performing publicly listed companies in the Asia-Pacific, with sales between US$5 million and US$1 billion. ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk/