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Champions of good governance

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The VIPs, award-winners and officials at the finale of the glitzy ceremony at Resorts World Convention Centre on July 19. In all, 32 companies and six individuals took home prizes at this year's Singapore Corporate Awards.

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From left: Winners of the Best CEO awards were Kong Chee Min, group CEO, Centurion Corporation Ltd; Lim Ee Seng, group CEO, Frasers Centrepoint Ltd and William Liem, CEO, Tuan Sing Holdings Ltd.

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From left: Winners of the Best CFO awards were Tan Kah Ghee, Keong Hong Holdings Ltd; Tony Mallek, Singapore Press Holdings Ltd and Loh Kai Keong, Boustead Singapore Ltd.

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Sherman Kwek, deputy CEO, City Developments Ltd. The company was the recipient of the Special Recognition Award.

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Gan Kim Yong, Minister for Health, was the guest of honour.

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Philip Forrest, formerly Asia head of ANZ Bank and Rachel Eng, deputy chairman, WongPartnership were the emcees for the gala evening.

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Singtel bagged the gold under the Best Annual Report Award category (market cap of S$1 billion and above). The company was represented by group CEO Chua Sock Koong (below, middle). Flanking her are Eleanor Lee, partner, EY and chairman, Best Annual Report judging panel, and Torsten Linke, head, Private Banking South-east Asia and branch manager, Singapore, Bank Julius Baer.

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JY Pillay (left), chairman, Securities Industry Council and Alan Chan, CEO, Singapore Press Holdings.

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Kenneth Yap, chief executive, ACRA, serenading the gathering.

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Chew Gek Khim, executive chairman, Straits Trading.

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From left: Tam Chee Chong, council member, ISCA; Alvin Tay, editor, The Business Times; and Willie Cheng, chairman, Singapore Institute of Directors, having a ball of a time.

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Bianca Cheo, executive director and chief operating officer, Mewah International and Adrian Chan, one of Singapore's top corporate lawyers and independent director of Global Investments Ltd, were the co-hosts for the presentation of Best Annual Report Awards.

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Joint gold winners for the Best Managed Board Award (large caps) were OCBC and Singtel. Yoma Strategic Holdings Ltd won the gold in the market cap of S$300 million to less than S$1 billion category. Sing Investments & Finance Ltd won the gold in the market cap of less than $300 million category. Above, from left: Willie Cheng, chairman, Singapore Institute of Directors; Serge Pun, chairman, Yoma Strategic; Teo Swee Lian, independent director, Singtel; Gan Kim Yong, Minister for Health; Ooi Sang Kuang, chairman, OCBC; and Lee Sze Leong, MD and CEO, Sing Investments and Finance.

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A word from sponsor Bank Julius Baer - Torsten Linke, head, Private Banking South East Asia and branch manager, Singapore.

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Pauline and Tony Mallek.

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Sidney Chew, executive chairman and MD, MegaChem Ltd.

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Michael Ma, entrepreneur and chairman of the Indo-Chine Group (left) and Trina Liang, managing director of Templebridge Investments and president of the Singapore Committee for UN WOMEN, the co-hosts for the presentation of the Best Investor Relations Awards.

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Samuel Tsien, Group CEO, OCBC (left) and Alan Chan, CEO, Singapore Press Holdings.

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Chris Lui, managing director, South-east Asia, Tiffany & Co and Alex Hungate, president and CEO of Sats Ltd, were the co-hosts for the presentation of Best Chief Executive Officer Awards.

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Melanie Chew, director of Asia Resource Corporation and Arthur Tay, chairman of SUTL Group and CEO of SUTL Enterprise Ltd were the co-hosts for the presentation of the Best Chief Financial Officer Awards.

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Claire Chiang, director, Banyan Tree Holdings Ltd and Ho Kwon Ping, chairman of Banyan Tree Holdings Ltd, were the co-hosts for the presentation of Best Managed Board Awards.

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Nigel Taylor, director, Singapore Botanic Gardens. SBG is the partner for the CDL Green Gallery @ SBG, the first zero energy green gallery in Singapore.

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From left: Lee Sze Leong, CEO, Sing Investments and Finance Ltd; Lim Boon Heng, chairman, Temasek Holdings and NTUC Enterprise Co-operative Ltd and Sherman Kwek, deputy CEO, City Developments Ltd.

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Patrick Daniel, deputy CEO, Singapore Press Holdings (left) and Tan Chin Hwee, board member, Singapore Press Holdings.

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Lim Ee Seng of Frasers Centrepoint (left) and John Lim, immediate past chairman, Singapore Institute of Directors.

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From left: Tam Chee Chong, Alvin Tay and Willie Cheng, the co-chairmen of the Singapore Corporate Awards.

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Jeannie Ong, chief strategic partnership officer, representing StarHub Ltd, which bagged gold in the Best Investor Relations Award category (for market cap of S$1 billion and above).

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Chew Choon Seng, chairman, Singapore Exchange.

Singapore

THE leading lights of the local corporate governance scene were celebrated at the 11th annual Singapore Corporate Awards (SCA) on July 19 this year, the "Oscars" of the Singapore business world.

At a glitzy ceremony at Resorts World Convention Centre, the very best Singapore-listed companies and business leaders were honoured for their excellence in maintaining strong and effective governance amid a challenging landscape of disruption and transformation.

The big winners of the night included OCBC and Singtel, which both picked up the prestigious gold prize for Best Managed Board in the large-cap category for listed companies with at least S$1 billion in market value.

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The large-cap Best Managed Board bronze went to Global Logistic Properties.

The real estate industry also notched up multiple wins. Veteran Lim Ee Seng, outgoing chief executive officer of Frasers Centrepoint Ltd, bagged the large-cap Best CEO trophy, while the mid-cap prize went to Tuan Sing head honcho William Liem and the small-cap one was awarded to Centurion Corp helmsman Kong Chee Min.

City Developments Ltd snagged the SCA's Special Recognition Award, launched last year to recognise outstanding and exemplary conduct related to corporate governance not covered by the other awards. The group was honoured for its leadership in sustainability practices.

For the Best Chief Financial Officer prize, the winners were Tony Mallek from Singapore Press Holdings in the large-cap category; Loh Kai Keong of Boustead Singapore in the mid-cap category and Tan Kah Ghee of Keong Hong Holdings among small-caps.

For the Best Investor Relations award, gold winners included StarHub, Keppel Telecommunications & Transportation (Keppel T&T), MegaChem and CapitaLand Retail China Trust. And in the Best Annual Report Award category, the gold prizes went to Singtel, Keppel T&T, OKP Holdings and Keppel Reit.

In all, 32 companies and six individuals took home prizes, with the list of winners this year led by the Keppel group which swept five awards and the CapitaLand group which secured three.

The awards were co-organised by the Institute of Singapore Chartered Accountants, Singapore Institute of Directors and The Business Times, supported by the Accounting and Corporate Regulatory Authority and the Singapore Exchange. It was sponsored by Bank Julius Baer with award partners Deloitte, EY, Heidrick & Struggles, KPMG and PwC.

Torsten Linke, head of private banking for South-east Asia and branch manager for Singapore at Bank Julius Baer, said in a speech that the benefits of strong corporate governance outweighed the costs and would help firms navigate an increasingly rough business terrain.

Sound governance, risk management and internal controls can help firms ensure timely and prompt corrective actions are initiated when targets are missed, thereby improving the chance of overall success of their business strategies, he added.

The guest of honour was Minister for Health Gan Kim Yong.

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