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

New Documentary Under the Hakka Liugdui Sun From Discovery to Debut on August 20 in Southeast Asia

SINGAPORE - Media OutReach Newswire - 18 August 2026 - Under the Hakka Liugdui Sun, a brand-new three-part documentary by Discovery produced in partnership with the Hakka Affairs Council in Taiwa...

Paymentology Powers GoTyme Bank’s Apple Pay Launch in the Philippines

GoTyme Bank becomes the first digital bank in the Philippines to enable Apple Pay, expanding secure and seamless digital payments for 10 million customers MANILA, PHILIPPINES - Media OutReach News...

Tech Data Expands IBM Distribution to Accelerate Partner-Led Growth Across Asia Pacific

Through its parent company, TD SYNNEX, the expansion strengthens scale, consistency, and execution across the regionHONG KONG/HANOI/PHNOM PENH – Media OutReach Newswire – 18 August 2026 – Tech Dat...

JSCCIB Joins Forces with Public Sector and World Bank to Launch "The Bangkok Business Summit 2026: Reinvent Thailand, Resilient ASEAN"

Driving the Thai Economy and Charting New Strategic Pathways for the Future of ASEANBANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – The Joint Standing Committee on Commerce, Industr...

Droneport-1000 to Advance Malaysia’s Low Altitude Economy from Sabak Bernam

SABAK BERNAM, SELANGOR – Media OutReach Newswire – 18 August 2026 – Selangor Aviation Technology and Innovation (SELATI), in collaboration with Universiti Selangor (UNISEL), launched the Droneport...

Jobsdb by SEEK Hosts 3rd "HR Conference 2026" Bringing Together Nearly 500 Industry Professionals to Explore Emerging AI Recruitment Trends

Platform launches new “Personalised Targeting” feature this month, leveraging AI to improve hiring outcomesHONG KONG SAR – Media OutReach Newswire – 18 August 2026 – Jobsdb by SEEK, Hong Kong's l...

Citigold Equips Future Talent Through Greater Bay Area Innovation

Second-year cross-border program connects Citigold Summer Analysts and Citigold Wealth Analysts with fintech leaders, artificial intelligence (AI) applications and emerging trends transforming weal...

"This Sea Embraces All" — The 7th Hainan Sports Games Open in Qionghai

QIONGHAI, CHINA – Media OutReach Newswire – 18 August 2026 – On the evening of August 16, 2026, the 7th Hainan Sports Games opened at the Qionghai Culture and Sports Center...

Set Off on a Solo Journey to Reconnect with Yourself, Recharge, Embrace New Experiences and Rediscover Joy in Your Own Way

BANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – As travel becomes less about simply changing destinations and more about spending meaningful time with oneself, solo travel is gainin...

V3 Group’s Health and Wellness Supplements Brand LAC Acquires MASQUELIER’S® French Pine Bark Extract; Continues Business Expansion Across East Asia, the Middle East and Africa

SINGAPORE – Media OutReach Newswire – 18 August 2026 – V3 Group Limited, the Singapore-based holding company with a diversified portfolio spanning well-being, luxury gourmet, capital markets, real...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...