Business Daily Media

The Times

.

Francis Lau of LCY Development Honoured as Asia’s "Outstanding Leader" at ACES Awards 2024

BANGKOK, THAILAND - Media OutReach Newswire - 2 December 2024 - Francis Lau Choo Yew, Managing Director and Founder of LCY Development Sdn Bhd, has been recognised as one of Asia's "Outstanding Leaders" at the ACES Awards 2024.

The award celebrates Lau's exceptional contributions to the construction and engineering sectors in Brunei and his leadership in fostering sustainable practices within the industry.

Celebrating Excellence: Francis Choo Yew Lau, Managing Director of LCY Development Sdn Bhd (center), honoured with the prestigious ACES Awards 2024 for Outstanding Leaders in Asia, presented by Dr Shanggari Balakrishnan, President of ACES Awards (left), and Hemant Batra, Honorary Chairman, ACES Council (right). A true testament to visionary leadership and impact.
Celebrating Excellence: Francis Choo Yew Lau, Managing Director of LCY Development Sdn Bhd (center), honoured with the prestigious ACES Awards 2024 for Outstanding Leaders in Asia, presented by Dr Shanggari Balakrishnan, President of ACES Awards (left), and Hemant Batra, Honorary Chairman, ACES Council (right). A true testament to visionary leadership and impact.

Under Lau's guidance, LCY Development has completed over 130 projects in Brunei, spanning government and private sector clients, with a total project value exceeding B$400 million over the past decade. Since its founding in 1997, LCY Development has distinguished itself in Brunei's competitive market by delivering quality craftsmanship combined with innovative technology and sustainable practices. Lau explains, "We ensure unmatched craftsmanship in every project, integrating cutting-edge solutions to meet modern demands." This focus on quality and innovation has cemented LCY's reputation as a trusted provider in Brunei.

The company's success is further supported by its robust project management approach, ensuring projects are completed on time and within budget. Lau emphasises the importance of managing every stage of a project thoroughly: "This holistic approach, from initial planning to final execution, ensures we not only meet but exceed client expectations, making us a preferred choice in the industry." Lau earned an Honours degree in Building from the University of New South Wales and began his career as a Quantity Surveyor with Brunei's Public Works Department. He subsequently founded LCY Development and has since expanded his professional portfolio across Malaysia, Australia, and Singapore. His career achievements have garnered multiple accolades, including awards for Best Leadership and Outstanding Entrepreneur.

Lau acknowledges that sustaining business continuity and upholding quality and efficiency have been among his biggest challenges. He underscores the need for resilience, stating, "It's essential to stay competitive while seeking opportunities in both the public and private sectors." With a workforce of over 300, LCY Development emphasises employee growth through comprehensive training programmes in advanced construction techniques, sustainable practices, and safety standards. "While I stay engaged in major HR decisions to ensure alignment with our values, I delegate day-to-day tasks to a competent HR team," Lau explains, highlighting the company's balanced approach to human resource management.

LCY Development is committed to sustainable building and community engagement. The company incorporates eco-friendly materials and energy-efficient designs in its projects and actively supports local employment, engages with charitable initiatives, and participates in environmental programmes such as tree-planting campaigns. These efforts reflect LCY's commitment to environmental conservation and societal well-being.

Through these initiatives, Francis Lau and LCY Development continue to make a significant impact in Brunei, embodying leadership that contributes meaningfully to the industry and the community.
Hashtag: #LCYDevelopmentBrunei #ACESAwards2024 #OutstandingLeadership

The issuer is solely responsible for the content of this announcement.

About LCY

LCY Development Sdn Bhd, founded by Francis Lau, is a Brunei-based construction company specialising in building and civil engineering projects. Known for its commitment to quality and innovation, the company has completed over 130 projects for both government and private sector clients, valued at more than B$400 million over the past decade.

News from Asia

Galaxy Macau and UFC Co-present an Action-packed Series of Interactive Events Throughout Fight Week for UFC FIGHT NIGHT Macau

UFC Fighter meet-and-greets, autograph sessions, official merchandise sales and Galaxy Macau rewards take the fan thrills beyond the Octagon MACAU SAR - Media OutReach Newswire - 20 May 2026 - In ...

Green SM Partners With Korlantas Polri To Advance Driver Safety Standards In Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 20 May 2026 - Green SM, Indonesia's first all-electric ride-hailing service, has partnered with the Traffic Corps of the Indonesian National Police (...

State Street Expands Global Operating Model with New Manila Office

MANILA, PHILLIPINES - Media OutReach Newswire - 21 May 2026 - State Street Corporation (NYSE: STT), one of the world's leading providers of financial services to institutional investors, today ann...

TP deepens AI data services capabilities across APAC markets - showcased live at Asia Tech x Singapore 2026

SINGAPORE - Media OutReach Newswire - 21 May 2026 - As part of its Future Forward strategy, global digital business services leader TP (ex-Teleperformance) is deepening its award-winning TP.ai ...

Expereo Achieves EcoVadis Silver Rating for Sustainable Supply Chain Performance

SINGAPORE - Media OutReach Newswire - 21 May 2026 - Expereo, the world-leading Managed Network-as-a-Service (NaaS) provider, announced it has been awarded an EcoVadis Silver Rating ranking...

Domino's Malaysia Unveils the Truth Behind Viral Radio Moment

What seemed like an accidental glitch turns out to be a clever stunt celebrating Domino’s new brand idea, “Unbox Your Cravings.” KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 21 May 2026 - Wh...

VinFast Officially Rolls Out VF MPV 7 At Subang Plant, Accelerating Localization Strategy In Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 21 May 2026 - As part of the VF MPV 7 experiential event in Indonesia, VinFast officially announced the rollout of the VF MPV 7 electric vehicle from...

Eden at Botanica CT: At the forefront of Malaysia’s Shift to Independent and Active Senior Living

Opening in 2027, the integrated development in Penang redefines retirement with a connected and community-driven environment PENANG, MALAYSIA - Media OutReach Newswire - 21 May 2026 - Eden at Bot...

Synology Launches PAS7700 Optimized Storage System for High-Intensity Data Operation Environments

SINGAPORE - Media OutReach Newswire - 21 May 2026 – Synology today announced the general availability of PAS7700, the company's first active-active, all flash NVMe storage system. Built for missio...

From Africa to Asia: InvestHK wraps up strategic visit to South Africa and Rwanda riding on Global South momentum (with photos)

HONG KONG SAR - Media OutReach Newswire – 21 May 2026 - Associate Director-General of Investment Promotion of Invest Hong Kong (InvestHK) Ms Loretta Lee concluded a successful mission to South Afr...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...

Sectorial ATO Tax Debt Disclosures Rise, Overall Business Credit Demand Flattens and High-Risk SME 'Credit Shopping' hits 8-month peak

Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity ...

SME support in Federal Budget falls short of easing business pressures

“The Federal Budget delivered several measures aimed at supporting small businesses, including making the instant asset write-off permanent, exten...

Bunji dog treats to hit Ritchies shelves

Cooee Native Superfoods’ Bunji range of dog kibble and treats is rolling out across Ritchies Supermarkets now, with stock already on shelves in se...

Pre-Budget Expectations

“Australian corporates and SMBs are under pressure. Competition from global players is intensifying, margins are under strain, and technology adop...