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HONG KONG, Sept 12, 2011 - (ACN Newswire) - APAC Resources Limited ("APAC"), a natural resources investment and commodity business company listed on the Hong Kong Stock Exchange (HKEx: 1104) headquartered in Hong Kong with office in Shanghai, announced today, its recognition as one of Forbes Asia's 200 'Best Under A Billion' dollar companies.
Mr. Andrew Ferguson, Chief Executive Officer and Executive Director of APAC, commented "It is truly rewarding to be one of the 65 companies in Hong Kong and China to receive this award. We are honoured to be recognised by Forbes Asia as one of over 15,000 companies in Asia Pacific with outstanding performance consistently. It is also a privilege to be a joint winner with Mount Gibson, one of our Primary Strategic Investments, which has also been selected for Forbes Asia's 200 'Best Under a Billion' award."
The list includes 200 high-performing Asia-Pacific companies with revenues of between US$5 million and US$1 billion. According to Forbes Asia, out of more than 15,000 companies, the 'Best Under A Billion' selection of the best 200 companies is based on earnings growth, sales growth, and shareholders' return on equity in the past 12 months and over three years. Essentially these companies have best managed through the economic volatility that began in 2008.
For more information, visit http://www.forbes.com/lists/2011/24/best-under-a-billion-11_land.html.
Contact:
APAC Resources Limited
Frederick Wong, Chief Financial Officer
Frances Tse, Investor Relations Manager
Tel: +852 2541 0338
Email: info@apacresources.com
Strategic Financial Relations Limited
Iris Lee, +852 2864 4829, iris.lee@sprg.com.hk
Sherman Yu, +852 2114 4956, sherman.yu@sprg.com.hk
Shirly Chan, +852 2864 4883, shirly.chan@sprg.com.hk
Kelly Tam, +852 2114 4987, kelly.tam@sprg.com.hk
Topic: Awards
Source: APAC Resources
Sectors: Daily Finance, Energy, Alternatives
https://www.acnnewswire.com
From the Asia Corporate News Network
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