MANILA, PHILIPPINES - Media OutReach - 9 December 2019 - Twenty outstanding Philippines' entrepreneurs and organisations were honored at the recently concluded Asia Pacific Entrepreneurship Awards 2019 or APEA, led by Megawide Construction Corporation's Chairman and CEO, Mr. Edgar Saavedra and Robinsons Land Corporation's President and CEO, Mr. Frederick D. Go.

An initiative by Enterprise Asia, the leading non-governmental organization for entrepreneurship in Asia, APEA is the largest regional recognition program, with over 3,000 nominations received each year, and less than one tenth of that receiving the awards in all 14 markets. With the theme of 'Promoting Inclusive Economic Development Through Sustainable Entrepreneurship', over 300 attendees were present at the by-invitation only event, comprising of industry leaders and dignitaries.

Leading the list of winners includes RDAK Transport Equipment Inc who received the award under Corporate Excellence Category.

About RDAK Transport Equipment Inc.

Since itsestablishment, RDAK Transport Equipment, Inc. continues to leave its mark asthe Philippines' leading transport and equipment vehicle provider. RDAK wasfounded in 1989 with its name derived from the acronym of its founder andPresident, Ricardo Delfin Abella King. Through his leadership, RDAK has an unprecedentedtrack record of pioneering production and marketing of post-war mass transportvehicles, known as jeepney, in the regions of Visayas and Mindanao.

The Companyvision is to be the number 1 solutions provider for earth--moving equipment invarious industries in Visayas and Mindanao. Its mission is to provide goodquality and value for money products to satisfy customer needs by continuouslymaintaining excellent long-term relationship with suppliers and partners tocreate strong commitment, continuously enhancing established procedures as wellas enhancing and upgrading workforce skills and knowledge.

For the pastfew decades, RDAK continues to be the market leader in the mass transportindustry. The Company has evolved from marketing the most two-wheel vehicles tothe largest ten-wheeler industrial type vehicles. 2019 marked the year thecompany expanded to new locations in the Philippines. RDAK has now establisheda variety of businesses throughout the country, the latest in the fast-growingmarket of Mindanao. Looking forward, RDAK targets to expand to more locationswhich has exciting growth opportunities.

With theadvent of technology, which is changing the industry's landscape, RDAK isdeveloping innovative and more efficient processes to steer the company towardslong-term relevance and success by introducing greater use of technology in itsmanufacturing facilities and services. RDAK has always been grounded on its ownmaxim, "Your Success is Our Success," which has governed the way the companyprovides the best services to customers by exceeding expectations andchallenging perceptions in forging stronger partnerships in helping others tosucceed and grow. This is what sets RDAK apart from other transport providers.

Movingforward, RDAK has always been the pioneer, the first movers since it wasfounded in 1989 thus despite the challenges in the industry, RDAK will be atthe forefront in exploring and cultivating new technologies to meet customerneeds, set new standards and introduce new products in the transport industry.With this, RDAK will bring all of its strength in the development of thecountry's transportation industry for the years to come.

RDAKTransport & Equipment, Inc. also places priority in Corporate SocialResponsibility. RDAK, together with Juanito I. King Foundation, Inc. (JIKFI)and King's Group of Companies, proactively organizes various activities as acommitment to environmental protection and to help needy people. RDAK has beena long-time partner of the PBSP's Reforestation Project and DepEd Cebu CityDivision to carry out activities in the future.

About Asia Pacific Entrepreneurship Awards

Launched in 2007, the Asia PacificEntrepreneurship Awards is the region's most prestigious awards for outstandingentrepreneurship, continuous innovation and sustainable leadership. The Awardprovides a platform for companies and governments to recognize entrepreneurialexcellence, hence spurring greater innovation, fair business practices andgrowth in entrepreneurship. As a regional award, it groups together leadingentrepreneurs as a powerful voice for entrepreneurship and serves as aby-invitation only networking powerhouse. The program has grown to encompass 14countries and markets all over Asia. For further information, visit www.apea.asia.