The Enterprise 50 Awards (E50) is an annual award program organized by SME Corporation Malaysia (SME Corp. Malaysia), an agency under the Ministry of Entrepreneurship and Cooperative Development (KUSKOP) in collaboration with Deloitte Malaysia, Malaysia SME, Media Prima, Malaysian Industrial Development Finance Berhad (MIDF), RHB Bank Berhad, TM Unifi and SME Bank. The E50 award to recognizes and celebrates the outstanding achievements of enterprising local companies.
The 2022 E50 award program is in its 23rd year of the organization. The objective of this program is to encourage a higher level of excellence among local companies and give recognition to the company's contribution towards the development of the country and encourage them to play a greater role in the economy.
Each year, a total of 50 winners are selected from among the nominations received. An independent assessment is made based on financial and non-financial factors. Out of 213 participants, Universal Peak Sdn. Bhd. (UP) was nominated as one of the winners bagging the rank of 31st among the 50 winners of the night.
UP’s Managing Director, Ir. Raj Kumar congratulated and expressed his gratitude to staff and business partners whose effort and teamwork has led to UP winning this award. He assured that UP’s growth in the upcoming years will be focusing on strengthening and sustaining internal growth and venturing into export-based income to further strengthen the company’s overall financial performance.