How to Apply

Submissions of nomination are now closed.

For enquiries, please contact:
E50 Hotline: +65 6507 1555
Email: enterprise50@kpmg.com.sg

To be eligible for consideration, a company must fulfill the following criteria:

  • Home-grown, privately-owned enterprise incorporated under Singapore's Companies Act (1994 Revised Edition)
  • Can either be a parent company or a subsidiary as defined in Section 5 of the Companies Act
  • Not listed on any stock exchange prior to 30 June 2018*
  • Be at least 30 percent owned by Singapore Citizens or Permanent Residents
  • Possess audited financial records for three years of operation as a private limited company in Singapore as at 31 December 2017**

Other Criteria

  • Partnerships and Government Linked Companies (GLCs) are not eligible for consideration in the E50 awards list.
  • All subsidiaries of listed parent companies will not be eligible
  • If an unlisted parent company participates, all subsidiaries will not be eligible
  • If an unlisted parent company chooses not to participate, then all unlisted subsidiaries are eligible for consideration.

Participants are evaluated on quantitative and qualitative criteria. Quantitative criteria considered include key performance indicators such as operating profit before tax, turnover, profit growth and return on equity. Qualitative criteria include business model, productivity, and innovation, management ideals and the standard of corporate governance.

*All participating companies are requested to notify the organisers in the event that the company has successfully applied for a public listing and expects such a listing prior to the publication of the 2018 Enterprise 50 list in the fourth quarter of 2018.

**Participating companies are required to write to the Enterprise 50 Secretariat to request for an extension of deadline for the submission of the audited financial records if they are unable to submit them by the closing date (30 June 2018). Should the submission deadline fall on a weekend, the entries must be submitted by the next working day. Extension is subject to the organisers’ approval.

Operating Profit Before Tax (OPBT)

  • As stated in the audited financial statements
  • Exclude the following:
    • Exceptional or non-recurrent income and extraordinary items
    • Share of profits / losses from all associated companies

Gross Turnover

  • As stated in the audited financial statements
  • Net of sales returns at financial year-end

Net Profit

  • As stated in the audited financial statements
  • Exclude exceptional or non-recurrent income and extraordinary items

Total Fixed Assets

  • As stated in the audited financial statements
  • Sum of all fixed assets at net book value (i.e. Cost minus Accumulated Depreciation) as at financial year-end

Total Assets

  • As stated in the audited financial statements

Shareholders' Equity

  • As stated in the audited financial statements

Intangible Assets

  • As stated in the audited financial statements

Quick Assets

  • Cash and cash equivalents, liquid investments and accounts receivables

Current Liabilities

  • As stated in the audited financial statements

Operating Cash flow

  • Cash generated from operating activities, as stated in the audited financial statements

Number of Employees

  • Total number of employees at year-end
  • For parent company applications, the number of employees is the total from both parent and subsidiary companies

Percentage of Gross Turnover from Overseas Operations

  • Gross turnover from overseas operations need not be derived from offices physically located overseas, and can include export functions from Singapore

Percentage of Payroll Spent on Training

  • Total training cost over total payroll cost for the financial year

Percentage of Revenue Spent on R&D

  • Total R&D expenditure over total revenue for the financial year

By submitting your nomination, you declare that the facts stated in this application together with the accompanying information are true and correct, and have satisfied the eligibility criteria.

By submitting your nomination, you agree:

  • at all figures provided in this nomination form, except for the gross operating profit figures, may be published and used for research purposes;
  • to provide relevant company information should the organisers need to verify the data provided in the nomination form (upon request);
  • to provide the company's projected financial figures for 2018 (upon request);
  • to notify the organisers in the event that my company, parent company or subsidiaries have successfully applied for public listing and expects such a listing on or before 30 June 2018;
  • to notify the organisers in the event of any changes to my company's eligibility for the awards
  • to provide details of any litigation cases against the company and/or the company's directors/shareholders in the run-up to the publication of the 2018 E50 Awards List
  • to abide by the publicity schedules and guidelines stipulated by the organisers in the run-up to and after the publication of the 2018 E50 Awards List;
  • to provide relevant information about my company for purposes of inclusion in the E50-related collateral, e.g. books, write-ups, etc.;
  • to abide by the rules/standards regarding the usage of the E50 logo;
  • to abide by the decisions of the judges; and
  • that an award may be revoked by the organisers in the event that any of the above conditions are breached.

These rules and regulations establish the terms and conditions of your participation in the 2018 E50 Awards. Submission of your nomination implies that you accept these terms and conditions. Please read them before submitting your nomination.

  1. By submitting a nomination for the E50 Awards this year, you hereby warrant that you have full ownership rights over, or possess a validly granted license or right to, or have obtained the required consent from the owner(s) to submit the requested information and material to the organisers in connection with your participation in the E50 Awards nominations. You hereby permit and authorise the organisers to use all submitted information, data and materials for purposes including but not limited to, research and analysis purposes which might involve third party researchers and the publication of a report by third parties. You hereby agree and undertake to indemnify and hold the organisers harmless against any claims, proceedings, damages, losses and costs (including legal fees on an indemnity basis) that may arise in connection with the breach of the above warranties or in the event the above representations and authorisation are untrue or invalid.
  2. Submission cannot be withdrawn without the prior approval and decision of the organisers.
  3. The judges' decision on all aspects of this award including ranking, evaluation and the publication of the list will be final. There will be anonymity of those not listed.
  4. All entries must be submitted by the closing date of 30 June 2018, at 5pm. Should the submission deadline fall on a weekend, the entries must be submitted by the next working day.

The Enterprise 50 Secretariat
c/o KPMG 16 Raffles Quay
#22-00 Hong Leong Building
Singapore 048581

Website: www.enterprise50.org
Hotline: 6507 1555
Email: enterprise50@kpmg.com.sg