Celebrating the best private firms

THE 50 private companies honoured at the Enterprise 50 (E50) Awards dinner on Nov 19 for contributing to economic development in Singapore and abroad came dressed to the nines for the black-tie event held at the Resorts World Sentosa.

Rotating Offshore Solutions, a homegrown marine-engineering company, overcame the challenges gripping the industry to clinch the top spot. Taking second and third places were local seafood chain Jumbo Seafood and AllAlloy, a total welding-solutions provider. AllAlloy and Supreme Components International also walked away with the five-year award for winning the E50 award for five years running.

Minister for Trade and Industry (Industry) S. Iswaran was the guest of honour.

This year, 27 of the 50 winners were first-time winners; they came from a diverse range of industries - among them a private-education institution, a nursing home and a firm that builds dormitories for construction workers. Three of these companies made it to the top 10 list of E50 winners.

The E50 was co-organised by The Business Times and KPMG in Singapore, and was sponsored by OCBC Bank for the 10th year. The Singapore Business Federation, International Enterprise Singapore and Spring Singapore were supporters of the event.