...in the front rows also caught sight of groovy moves by SPRING Singapore's deputy chief executive Ted Tan, who showed that even...Authority of Singapore, International Enterprise Singapore, SPRING Singapore and the Singapore Business Federation.
IT was a night of glitz and glamour for 50 entrepreneurs and some of their stakeholders at the Enterprise 50 Awards held on Nov 3. Dubbed the Oscars for Singapore's finest privately owned enterprises, the E50 gala dinner celebrates the achievements of the top 50 local companies, which are picked through a rigorous evaluation process that combines quantitative and qualitative factors.
Held at Resorts World Sentosa, the event attracted more than 1,000 guests who were entertained by Singapore's first electric string trio, San Nikkis, and the melodious voices of artists Emma Yong and RJ Rosales. Guests sitting in the front rows also caught sight of groovy moves by SPRING Singapore's deputy chief executive Ted Tan, who showed that even top civil servants know how to rock.
While the dress code was formal, the atmosphere was hardly stifling. Whistles were heard at a few tables when the emcee called out the names of winning firms. For one firm, the cheers were so loud and long that the euphoria was unmistakable.
Dominating this year's list are companies in the infrastructure, transport and marine businesses - a reflection of the growing construction industry and resilient offshore and marine sectors. Civil engineering and building materials firm Samwoh Corp topped the list for the second time in a row, followed by six-time winner Kenyon and newcomer Woodlands Transport Service. Almost half of those who made the list this year were first-time applicants.
The E50 Awards also gave special recognition to Xin Ming Hua for having been on the E50 list for five consecutive years.
Co-organised by The Business Times and KPMG, the E50 Awards were created in 1995 and have come to be seen as a launchpad for a local listing. The awards are sponsored by OCBC Bank and supported by the Infocomm Development Authority of Singapore, International Enterprise Singapore, SPRING Singapore and the Singapore Business Federation.
The 11th to 50th placed companies received their trophies from Singapore Exchange CEO Magnus Bocker at the E50 Forum held in the morning, while the top 10 companies received their awards from Minister in the Prime Minister's Office and Second Minister for Finance and Transport, Lim Hwee Hua at the gala dinner.
Photos by ARTHUR LEE and YAP YEW PIANG