How to Apply

Application submissions are now open. Please click here to begin your application.

You may download the 25th E50 Awards nomination form here for reference.

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

  • Be a home-grown, privately-held enterprise incorporated under Singapore's Companies Act (1994 Revised Edition);
  • Be a holding company or a subsidiary, as defined in Section 5 of the Companies Act;
  • Not be listed on any stock exchange prior to 30 June 2019*;
  • Be at least 30 percent owned by Singapore Citizens or Permanent Residents; and
  • Possess audited financial records for three years of operation as a private limited company in Singapore, as at 31 December 2018**.

Other Criteria

  • Non-profit organisations, societies, charities, partnerships and Government Linked Companies (GLCs) and their subsidiaries are not eligible for consideration in the E50 Awards list.
  • All subsidiaries of listed holding companies will not be eligible.
  • If an unlisted holding company participates, all subsidiaries will not be eligible.
  • If an unlisted holding 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 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 2019 Enterprise 50 list in the fourth quarter of 2019.

**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 2019). 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), 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

  • As stated in the audited financial statements.
  • Cash generated from operating activities.

Number of Employees

  • Total number of employees at year-end.
  • For holding company applications, the total number of employees includes both holding 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:

  • that all figures provided in the 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 2019 (upon request);
  • to notify the organisers in the event your company, holding company or subsidiaries have successfully applied for public listing and expect such a listing on or before 30 June 2019;
  • to notify the organisers in the event of any changes to your company's eligibility for the awards;
  • to provide details of any litigation cases against your company and/or your company's directors/shareholders in the run-up to the publication of the 2019 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 2019 E50 Awards list;
  • to provide relevant information about your company for purposes of inclusion in E50-related collaterals, i.e. books, write-ups, etc.;
  • to abide by the rules and standards regarding the usage of the E50 logo;
  • to abide by the decisions of the judges; and
  • that any 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 2019 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, 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 2019, 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