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

BATIC 2026: Global Digital Leaders Unite to Build APAC's Connectivity, Cloud, and AI Future

BATIC 2026 brought together more than 2,700 delegates from over 760 companies across 67 countries, reaffirming that resilient connectivity, cloud, and AI can only be built through solid ecosystem c...

Forest City SFZ Clarifies Incentive Framework for Fintech and AI-Enabled Financial Services Alongside Malaysia Digital Incentives

Forest City SFZ sets out who may qualify for its 5% special corporate tax rate, how the separate Malaysia Digital tax incentive works, and which activities and conditions apply to each scheme...

XcanMow Mix 2000 Robot Mower Makes Its European Debut at IFA Berlin 2026

LiDAR and camera vision in place of the buried wire and the RTK antenna — Booth CCBB-154, 4-8 SeptemberBELIN, GERMANY - Media OutReach Newswire - 29 August 2026 - Xcanbot arrives at IFA Berlin 202...

Driven by Ambition: Indonesian Student Clarrence Mae Charts Her Future at CUHK

HONG KONG SAR - Media OutReach Newswire - 28 August 2026 - For many aspiring business leaders in Southeast Asia, Hong Kong represents more than a study destination; it is a gateway to global marke...

TrendAI™ Ranks First on CyberGym Agentic AI Security Benchmark

The 97% success rate places TrendAI™ ahead of all other entrants on the AI security benchmarkHONG KONG SAR – Media OutReach Newswire – 28 August 2026 – The TrendAI™ agentic exploit-remediation eng...

Apical Strengthens Collaboration to Prevent Stunting Through Nutritious Menu Creation Competition

SINGAPORE – Media OutReach Newswire – 28 August 2026 – Apical, through its operating unit PT Kutai Refinery Nusantara (KRN), recently organised a nutritious menu creation competition for children ...

DTC World Repositions as a Creative Merchandise Company, Putting Campaign Objectives Before Product

Singapore-headquartered company adopts a campaign-led model for consumer brands across Asia-Pacific, designing creative merchandise that consumers choose to keep.SINGAPORE - Media OutReach Newswir...

Astrum Space Inc to Go Public Through Business Combination With Black Spade Acquisition III Co

Astrum Space Inc ("Astrum") is developing a next-generation satellite-to-device ("S2D") broadcast network to serve the Asia-Pacific region. Astrum holds 25 MHz of contiguous L-ban...

"Siam Paragon Bangkok Watch Week 2026" Elevates Bangkok as a Global Watch Destination

Bringing Together More Than 45 Leading Watch Brands to Celebrate Watch Culture Through The Symposium, Featuring Influential Voices from the World of Horology and Discover Exclusive Exhibitions a...

HKPC Launches "AI for All" Inclusive Programme

Empowering SMEs and Working Professionals to Embrace AI and Foster Widespread AI Adoption in Hong KongHONG KONG SAR – Media OutReach Newswire – 28 August 2026 – The Hong Kong Productivity Council ...

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...