The Business Times
ENTERPRISE 50 2023

Top business leaders honoured at E50 Awards

Renald Yeo

Renald Yeo

Published Tue, Dec 12, 2023 · 05:00 AM
    • VIPs including guest of honour Minister for Education Chan Chun Sing (front row, seventh from left) and E50 Award winners gathering for a group photo at the end of the gala event.
    • Linus Goh (left), head, global commercial banking, OCBC, with Yeah Hiang Nam, founder and executive chairman, ValueMax Group.
    • E50 Association chiefs past and present – from left: Andy Lim, (past president), founder and chairman, Tembusu Partners; Yeah Li Ching, (president), chief marketing officer and executive director, ValueMax Group; Susan Chong, (immediate past president), founder and president, Greenpac; Sam Goi, (past president), executive chairman, Tee Yih Jia Food Manufacturing.
    • Minister Chan presenting the E50 Awards trophy to top winner Calvin Poon, director, Unigold International. Accompanying them (from left) are: Lee Sze Yeng, managing partner, KPMG in Singapore; Chen Huifen, editor, The Business Times and Linus Goh, head, global commercial banking, OCBC.
    • E50 winner Chew Kian Zi (right), director, Richport Technology with Lee Sze Yeng, managing partner, KPMG in Singapore.
    • Guest of honour Minister Chan (fourth from left) with the top 10 E50 winners, as well as the event organisers and sponsor.
    • Maha Chemicals (Asia) bagged two awards. The company’s regional commercial excellence assistant manager, Winn Chin (left) and managing director Tan Seow Hoon with their trophies for the E50 Award and the Special Recognition Award – Sustainability Innovation.
    • Minister Chan presenting the Special Recognition – Sustainability Innovation award to Wong Leong Kuong, managing director of Buildo Engineering.
    • Minister Chan presenting Enterprise 50 – The Best SMEs in Singapore (15th edition) to Kelly Tan, management representative, ADirect Singapore, one of the E50-NUS Business School Undergraduate Bursary donors.
    • The team from JGL Worldwide (SG). From left: Desmond Gay, chairman; Daniel Lim, chief executive officer and David Hia, chief operating officer.
    • Cheers! (From left): Mark Lee, director, TS Group; Melvin Tan, council member of E50 Association; Susan Chong, immediate past president, E50 Association; Brandon Lim, director, private enterprise, KPMG in Singapore; Chen Huifen, editor, The Business Times; Chiu Wu Hong, partner, head of private enterprise, KPMG in Singapore; Linus Goh, head, global commercial banking, OCBC; Kok Ping Soon, CEO, Singapore Business Federation; and Lee Sze Yeng, managing partner, KPMG in Singapore.
    • Vector InfoTech’s chief executive officer and chairman Lau Kok Hui (left) and its head of sales and proposal, Goh Koon Siang.
    • From left: Kunal Narula, group chief executive officer Mercantile Pacific Asia; Chan Ching, managing director, Fitson Singapore; Kanchan Narula, chairperson, Mercantile Pacific Asia; Yvon Bock, chief executive officer, Hegen; Mrs Chan Ching; Leon Bock,chief operating officer, Hegen; and Karan Narula, managing director, Mercantile Pacific Asia.
    • Paul Ng, group chief executive officer of FSG TG Human Resource Services and his wife.
    • From left: Prashant Singh, co-founder and CEO Blue Planet, with the management team of Big Red, a subsidiary of Blue Planet – Satish Bakhda, Himanshu Bakhda, Neeraj Sujanani and Pankhil Desai.
    • Elayne Soh, chief executive officer, Beyond Medical Group.
    • Jeffrey Piak, managing director of Rico Engineering Works.
    • VIPs including guest of honour Minister for Education Chan Chun Sing (front row, seventh from left) and E50 Award winners gathering for a group photo at the end of the gala event. PHOTO: ALVIN TAN
    • Linus Goh (left), head, global commercial banking, OCBC, with Yeah Hiang Nam, founder and executive chairman, ValueMax Group. PHOTO: ALVIN TAN
    • E50 Association chiefs past and present – from left: Andy Lim, (past president), founder and chairman, Tembusu Partners; Yeah Li Ching, (president), chief marketing officer and executive director, ValueMax Group; Susan Chong, (immediate past president), founder and president, Greenpac; Sam Goi, (past president), executive chairman, Tee Yih Jia Food Manufacturing. PHOTO: ALVIN TAN
    • Minister Chan presenting the E50 Awards trophy to top winner Calvin Poon, director, Unigold International. Accompanying them (from left) are: Lee Sze Yeng, managing partner, KPMG in Singapore; Chen Huifen, editor, The Business Times and Linus Goh, head, global commercial banking, OCBC. PHOTO: ALVIN TAN
    • E50 winner Chew Kian Zi (right), director, Richport Technology with Lee Sze Yeng, managing partner, KPMG in Singapore. PHOTO: ALVIN TAN
    • Guest of honour Minister Chan (fourth from left) with the top 10 E50 winners, as well as the event organisers and sponsor. PHOTO: ALVIN TAN
    • Maha Chemicals (Asia) bagged two awards. The company’s regional commercial excellence assistant manager, Winn Chin (left) and managing director Tan Seow Hoon with their trophies for the E50 Award and the Special Recognition Award – Sustainability Innovation. PHOTO: ALVIN TAN
    • Minister Chan presenting the Special Recognition – Sustainability Innovation award to Wong Leong Kuong, managing director of Buildo Engineering. PHOTO: ALVIN TAN
    • Minister Chan presenting Enterprise 50 – The Best SMEs in Singapore (15th edition) to Kelly Tan, management representative, ADirect Singapore, one of the E50-NUS Business School Undergraduate Bursary donors. PHOTO: ALVIN TAN
    • The team from JGL Worldwide (SG). From left: Desmond Gay, chairman; Daniel Lim, chief executive officer and David Hia, chief operating officer. PHOTO: ALVIN TAN
    • Cheers! (From left): Mark Lee, director, TS Group; Melvin Tan, council member of E50 Association; Susan Chong, immediate past president, E50 Association; Brandon Lim, director, private enterprise, KPMG in Singapore; Chen Huifen, editor, The Business Times; Chiu Wu Hong, partner, head of private enterprise, KPMG in Singapore; Linus Goh, head, global commercial banking, OCBC; Kok Ping Soon, CEO, Singapore Business Federation; and Lee Sze Yeng, managing partner, KPMG in Singapore. PHOTO: ALVIN TAN
    • Vector InfoTech’s chief executive officer and chairman Lau Kok Hui (left) and its head of sales and proposal, Goh Koon Siang. PHOTO: ALVIN TAN
    • From left: Kunal Narula, group chief executive officer Mercantile Pacific Asia; Chan Ching, managing director, Fitson Singapore; Kanchan Narula, chairperson, Mercantile Pacific Asia; Yvon Bock, chief executive officer, Hegen; Mrs Chan Ching; Leon Bock,chief operating officer, Hegen; and Karan Narula, managing director, Mercantile Pacific Asia. PHOTO: ALVIN TAN
    • Paul Ng, group chief executive officer of FSG TG Human Resource Services and his wife. PHOTO: ALVIN TAN
    • From left: Prashant Singh, co-founder and CEO Blue Planet, with the management team of Big Red, a subsidiary of Blue Planet – Satish Bakhda, Himanshu Bakhda, Neeraj Sujanani and Pankhil Desai. PHOTO: ALVIN TAN
    • Elayne Soh, chief executive officer, Beyond Medical Group. PHOTO: ALVIN TAN
    • Jeffrey Piak, managing director of Rico Engineering Works. PHOTO: ALVIN TAN

    THE business leaders behind Singapore’s top 50 privately held companies came together on Nov 21 for a night of celebration and revelry. Now in its 29th year, the Enterprise 50 (E50) Awards saw more than 800 business leaders and VIPs in attendance at a gala dinner held at Raffles City Convention Centre.

    The guest of honour, Minister for Education Chan Chun Sing, lauded the award winners for their achievements despite the challenging business environment in previous years. He added: “Tough times are what set apart businesses which are able to distinguish themselves from those which are average.”

    Guest of honour Minister for Education, Chan Chun Sing delivering his keynote address. PHOTO: ALVIN TAN

    And with challenges likely to continue unabated, 2023’s award winners have put their businesses in good stead to thrive in the coming years.

    Emcee Nikki Muller delighting the dinner guests at the gala event. PHOTO: ALVIN TAN

    Gold chain manufacturer Unigold International, which posted a record-high revenue of S$1 billion in 2022, took the top spot.

    Last-mile fuel distributor PS Energy Group notched another win to take second place – climbing from the 42nd spot last year – on the back of its digitalisation efforts.

    Five special recognition awards were also presented at the event.

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    The E50 Awards recognise the 50 most enterprising local, privately held companies which have contributed to the economic development of Singapore, both at home and overseas. It is jointly organised by The Business Times and KPMG in Singapore, sponsored by OCBC, and supported by Enterprise Singapore, the Singapore Business Federation and SGX Group.

    The size and scale of the awardees’ operations have increased, with the combined revenue of this year’s 50 winners standing at more than S$6 billion in 2022, compared with some S$4 billion in the preceding year.

    For more photos please visit https://bt.sg/e50

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