Ms. Chin Wei Jia, Group CEO, HMI Medical has been named EY Entrepreneur Of The Year (EOY) 2025 Singapore by professional services organization, EY. This was announced during the EY EOY awards gala this evening, where Minister for National Development, Mr. Chee Hong Tat, was the guest-of-honor.
Ms. Chin, who was also named EY Entrepreneur Of The Year – Health Care, will represent Singapore at the prestigious EY World Entrepreneur Of The Year (WEOY) in 2026. She will compete with global contenders for the coveted world title. The EY WEOY competition is the hallmark of the awards program, offering a platform to profile local entrepreneurs among the world’s leading business leaders.
(Please refer to Fact sheet A for past WEOY winners)
On winning the top honor, Ms. Chin says:
“I’m truly honored to receive this award and to represent Singapore on such a global stage. This is more than a personal milestone; it is a recognition of the people and communities who have been part of this journey. For me, entrepreneurship has always been about serving with purpose and using business as a force for good. At the heart of it, it is about people and the communities we build together.”
In addition to the top honor, EY presented four EOY category awards at the awards gala:
- EY Entrepreneur Of The Year – Education Services
Mr. Patrick Cheo, CEO, Adam Khoo Learning Technologies Group - EY Entrepreneur Of The Year – Health Care
Ms. Chin Wei Jia, Group CEO, HMI Medical - EY Entrepreneur Of The Year – Real Estate
Mr. Kelvin Lim, Executive Chairman, Executive Director and Group Managing Director, LHN Group - EY Entrepreneur Of The Year – Hospitality Services
Ms. Carolyn Choo, CEO and Managing Director, Worldwide Hotels
Please refer to Fact sheet B for profiles of the winners and their companies.
The winners were selected from over 50 nominations by an independent judging panel, based on their merits in fulfilling the four globally benchmarked criteria, namely entrepreneurial spirit, growth, purpose and impact.
Please refer to Fact sheet C for members of the judging panel and details of the judging criteria.
The chairperson of the judging panel is Mr. Lee Chuan Teck, Executive Chairman of Enterprise Singapore. On the overall Singapore winner this year, he says:
“HMI has transformed from a two-hospital group into a regional integrated health care group. Wei Jia differentiated with her visionary leadership in steering a second-generation business transformation through bold corporate and ecosystem strategies, and a purpose to drive change for a more sustainable future of health care. HMI’s strategic focus on preventive health, health tech and community outreach reflect her pursuit of innovation, democratizing accessibility to private health care services, while empowering communities to take responsibility for health.”
On the class of 2025 EOY winners, he adds:
“Be they founders or second-generation business owners, the four winners helm homegrown brands that have thrived through times of change and economic uncertainties. They demonstrate exceptional entrepreneurial grit, innovation and resilience in not just overcoming challenges, but transforming their businesses through decisive strategies and seizing breakthrough opportunities. In doing so, they are helping to shape and elevate their respective industries, and creating broader socioeconomic impact through contributing back to the community, underpinned by a strong sense of purpose.”
Shaping the entrepreneurial ecosystem
Mr. Liew Nam Soon, EY Asia East Deputy Regional Managing Partner, Asean Managing Partner and Singapore and Brunei Managing Partner, Ernst & Young Solutions LLP, adds:
“These winning entrepreneurs are trailblazers, innovators and disruptors who shape their businesses with mastery to realize bold ambitions.
Collectively, the winners helm homegrown companies with a combined history of over 120 years in Singapore. This speaks to the important socioeconomic role that entrepreneurs play in job creation, industry innovation and quality of life – and underscores our commitment to fostering entrepreneurship in Singapore for the last 24 years.
Entrepreneurship is a challenging yet deeply satisfying journey, requiring resilience, agility and an appetite for risks and change. Our winners have shown that by supporting one another and collaborating with the broader ecosystem, they can seize new opportunities, overcome obstacles and achieve greater impact. Additionally, their stories can motivate the broader community to strive for excellence and act as catalysts for positive change.”
The winners highlight how entrepreneurs play a key role in contributing to the business ecosystem and local communities they operate in.
Ms. Chin Wei Jia, EY Entrepreneur Of The Year 2025 Singapore, also EY Entrepreneur Of The Year – Health Care, and Group CEO of HMI Medical, says:
“Entrepreneurship has never been about just building a business. It’s about using business as a force for good and making a difference where it matters. What’s most important is how we give back by creating opportunities, supporting people along the way, and helping the communities around us grow stronger. At the heart of it, entrepreneurship is not just about success: it is about people, and the communities we build together.”
Mr. Kelvin Lim, EY Entrepreneur Of The Year – Real Estate, Executive Chairman, Executive Director and Group Managing Director of LHN Group, says:
“Entrepreneurs here have a responsibility to contribute to a more resilient and future-ready Singapore. We also play a key role in helping to inspire and nurture the next generation of leaders, instilling in them curiosity, adaptability and the courage to pursue innovative ideas. Ultimately, entrepreneurship extends beyond mere business growth: it includes creating lasting value, both commercially and socially, and setting an example of how business can be a force for meaningful societal progress.”
Ms. Carolyn Choo, EY Entrepreneur Of The Year – Hospitality Services, CEO and Managing Director of Worldwide Hotels, says:
“As an entrepreneur, I believe success comes with the responsibility to uplift communities. Our role goes beyond creating economic contribution but to help build an ecosystem where everyone, especially the underserved, has a fair chance of succeeding. I am passionate about empowering young people through inclusive access to education, growth and contribution, so they can realize their full potential and thrive with confidence.”
Mr. Patrick Cheo, EY Entrepreneur Of The Year – Education Services, CEO of Adam Khoo Learning Technologies Group Pte Ltd, says:
“For the past 15 years, I have been a member of the Entrepreneurs Organization with over 180 members in Singapore. I contribute by coaching and mentoring younger members so that they learn how to scale their business using proven methodologies. At Adam Khoo Learning Technologies, we focus on charity causes in education and youth as we believe that having a learned mind will help to inspire a better world.”
Special honors for HMI Medical and TH Group
At the awards gala, EY presented the EY-Bank of Singapore Family Enterprise Award of Excellence to HMI Medical. This award is presented on board the EOY platform and is independent of the EOY program and judging process. The award recipient is jointly selected by knowledge partners, Business Families Institute @ Singapore Management University and the INSEAD Wendel International Centre for Family Enterprise.
Mr. Liew says:
“Now in its second generation, HMI Medical keeps the founding values close to its core as it continues to build on the legacy set by the founder. Guided by its mission that health care is more than just traditional patient care, the organization actively promotes holistic, quality and convenient care, working with local communities to manage evolving health care needs, with aim of steering toward a healthier society. This highlights how family enterprises can balance the priorities of thriving from generation to generation, delivering business growth and uplifting local communities in a sustained, long-term manner.”
Please refer to Fact sheet D for winner’s quote, profile, eligibility and selection criteria.
In another honorary award, Mrs. Thai Huong, Founder and Chairwoman of Strategic Council of TH Group Joint Stock Company is conferred the EY-Bank of Singapore Asean Entrepreneurial Excellence award. The award recognizes successful Southeast Asian businesses that contribute to the economy and community in the region. The award recipient does not compete for the EOY Singapore 2025 title.
Mr. Liew says:
"Mrs. Thai Huong’s ambition to provide safe and healthy food products, quality health care services and education to her countrymen has been inspiring. Driven by her firm belief in sustainability, TH Group’s investment projects are focused on using high technologies integrated with science to produce quality agricultural products, benefitting individuals, households and the broader society across Vietnam and other markets it operates in.”
Please refer to Fact sheet E for winner’s quote and profile.
Sponsors, partners and supporters
This year, the Bank of Singapore is the presenting title sponsor for the two honorary awards – the EY-Bank of Singapore Family Enterprise Award of Excellence and the EY-Bank of Singapore Asean Entrepreneurial Excellence Award. The Bank of Singapore, wholly owned private banking subsidiary of OCBC, is also the platinum sponsor of the EOY awards.
The Singapore Exchange Limited (SGX) continues as a partner of the EOY awards for the sixth year. The official media partners of the EY EOY awards are The Business Times, The Edge Singapore and Portfolio magazine. The supporters are Action Community for Entrepreneurship; Enterprise Singapore; Singapore Business Federation; and SkillsFuture Singapore.
For more information about the EY EOY program, please visit ey.com/sg/eoy.
-ends-
Notes to editors
About EY
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
All in to shape the future with confidence.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
This news release has been issued by Ernst & Young Solutions LLP, a member of the global EY organization.
About EY Entrepreneur Of The Year™
EY Entrepreneur Of The Year™ is the only global program of its kind that supports entrepreneurs as they unlock their ambitions. Established in 1986, this flagship program operates across more than 60 countries and jurisdictions and boasts a global ecosystem of over 30,000 distinguished entrepreneurs. Program participants benefit from lifelong connections, learning resources and insights to help navigate their growth journey, and opportunities to raise the profile of their companies. Each program concludes with a competition and announcement of a winner who goes on to represent their country or region in the ultimate global competition and event for entrepreneurs: EY World Entrepreneur Of The Year™. ey.com/eoy
About Bank of Singapore
Bank of Singapore is the dedicated private banking subsidiary of OCBC. Backed by OCBC’s strong credit ratings of Aa1 by Moody’s and AA- by both Fitch and S&P, it offers a unique value proposition as a safe Singapore-registered private bank.
Its open-architecture product platform backed by strong research capabilities provides clients with first-class private banking and bespoke wealth planning solutions. It is also able to leverage OCBC’s capabilities to extend its clients a broad array of services across the OCBC’s regional and international network.
Bank of Singapore serves high net worth individuals and wealthy families in its key markets of Asia, Greater China, the Indian subcontinent and other international markets.
Headquartered in Singapore, Bank of Singapore and its subsidiaries have offices in the Dubai International Financial Centre, Hong Kong, London, Malaysia and Manila. Its strong performance has won it numerous industry recognitions. Bank of Singapore was named Best Chief Investment Office in Private Banking in Asia by PWM/The Banker in 2024 and Best Private Bank in Asia for use of Technology by PWM in 2025.
www.bankofsingapore.com
About Singapore Exchange (SGX Group)
SGX Group seeks to serve as the world’s most trusted and efficient international marketplace, operating equity, fixed income, currency and commodity markets to the highest regulatory standards. As one ecosystem with global relevance and influence, we offer multiple growth avenues to our stakeholders through listing, trading, clearing, settlement, depository, data and index services. We are committed to lead on climate action by developing a world-class transition financing and trading hub through SGX FIRST (Future in Reshaping Sustainability Together), our multi-asset sustainability platform. Headquartered in AAA-rated Singapore, we are globally recognized for our risk-management and clearing capabilities. Find out more at www.sgxgroup.com.
Fact sheet A: EY World Entrepreneur Of The Year past winners
2001: Paolo della Porta, President, Chairman and Group CEO of Saes Getters S.p.A., Italy
2002: Stefan Vilsmeier, President and CEO of BrainLAB AG, Germany
2003: Narayana Murthy, Founder and Chairman of Infosys Technologies Limited, India
2004: Tony Tan Caktiong, Chairman and President of Jollibee Foods Corporation, Philippines
2005: Wayne Huizenga, President of Huizenga Holdings, Inc., US
2006: Bill Lynch, CEO of Imperial Holdings, South Africa
2007: Guy Laliberté, Founder and CEO of Cirque du Soleil, Canada
2008: Dr. Jean-Paul Clozel, Founder of Actelion Pharmaceuticals, Switzerland
2009: Cho Tak Wong, Chairman of Fuyao Glass Industry Group, Mainland China
2010: Michael Spencer, Group CEO of ICAP plc, UK
2011: Olivia Lum, Founder of Hyflux Ltd, Singapore
2012: James Mwangi, CEO and Managing Director of Equity Bank Limited, Kenya
2013: Hamdi Ulukaya, Founder and CEO of Chobani, Inc., US
2014: Uday Kotak, President and CEO of Kotak Mahindra Bank, India
2015: Mohed Altrad, Chairman of Altrad, France
2016: Manny Stul, Chairman and Co-CEO of Moose Enterprise Holdings & Controlled Entities, Australia
2017: Murad Al-Katib, President and CEO of AGT Food and Ingredients Inc., Canada
2018: Rubens Menin, Chairman of MRV Engenharia e Participações S.A., Brazil
2019: Brad Keywell, CEO of Uptake Technologies Inc., US
2020: Dr. Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Limited, India
2021: JungJin Seo, Honorary Chairman of Celltrion Group, South Korea
2022: Gaston Taratuta, Founder and CEO of Aleph, Argentina
2023: Doris Hsu, GlobalWafers Co., Ltd., Taiwan
2024: Vellayan Subbiah, Executive Vice-Chairman of Tube Investments of India (TII) and Chairman of Cholamandalam (Chola) Investment and Finance Co. Ltd., India
2025: Stina Ehrensvärd, co-founder of Yubico, Sweden
Fact sheet B: EY Entrepreneur Of The Year winner and company profiles
(Information provided by winners’ companies)
a) EY Entrepreneur Of The Year 2025 Singapore
EY Entrepreneur Of The Year – Health Care
Ms. Chin Wei Jia
Group CEO
HMI Medical
About Ms. Chin Wei Jia
Chin Wei Jia personifies HMI Medical’s 3C values – compassion, competence and collaboration – by constantly exhibiting inspiring leadership qualities since she joined HMI Medical in 2002 after the Asian financial crisis and the September 11 attacks. Joining from the time when the organization was undergoing corporate restructuring enabled her to gain rich industry knowledge and valuable hands-on experiences through 22 years of challenge, growth and transformation.
Today, Wei Jia continues to play a pivotal role in charting ambitious corporate growth plans despite facing increased industry pressures related to rising cost and talent shortages. She remains steadfast in building a future-proof health ecosystem that delivers the best possible quality, service and value to patients, customers and communities in the countries it serves.
By working collaboratively with doctors, team members and industry stakeholders, she has successfully launched several market-first health service offerings, turned around loss-making operations as well as developed comprehensive ambulatory care and specialist centers that offer personalized and cost-effective care options – further enhanced by strategic partnerships with leading medical technology organizations and university hospital systems. She also spearheaded major health-tech integration initiatives through a corporate managed health care service platform to offer value-based and convenient access to care beyond HMI’s owned facilities to a regional network of medical and wellness providers.
Through her active participation on boards and committees that impact business, health and social causes, Wei Jia is passionate about continuing the journey of transforming health care, empowering communities and leaving a lasting legacy for future generations.
About HMI Medical
HMI Medical is a leading integrated health care group with over 25 years of experience across Singapore, Malaysia and Indonesia.
It delivers comprehensive and personalized health care services for over three million patients annually through its two hospitals – Makhota Medical Centre and Regency Specialist Hospital, two ambulatory care centers – Regency Medical Care Centre and HMI Medical Centre, 26 specialist centers across five specialist care brands including Eagle Eye Centre, Harley Street Heart & Vascular Centre and Advanced Urology Associates, 40 HMI OneCare clinics, executive health screening centers, and network of 2000 panel clinics. With its managed health care and telehealth platform, HMI facilitates seamless and value-driven health care experiences for over 7,500 corporate customers and 14 insurance partners across Asia.
HMI’s commitment to medical excellence and community pledge to build a healthier society through educational initiatives, makes it well-poised to address the evolving community health needs across the region.
www.hmimedical.com
b) EY Entrepreneur Of The Year – Education Services
Mr. Patrick Cheo
CEO Adam Khoo Learning Technologies Group Pte Ltd
About Mr. Patrick Cheo
Patrick Cheo is the co-founder and CEO of Adam Khoo Learning Technologies Group (AKLTG), a Singapore-based education group with global reach. With an initial capital of just $8,000, Patrick scaled the company and diversified globally to achieve $25 million in revenue by 2024 – with close to half coming from overseas markets.
While his co-founder Adam Khoo drives the company’s thought leadership and training expertise, Patrick leads the business with precision and vision. He oversees strategy, operations, marketing, finance, HR and international expansion – laying the foundation for AKLTG’s sustainable growth and digital transformation.
Known for his sharp business acumen and high standards, Patrick also champions a values-driven culture grounded in integrity and growth. When the COVID-19 pandemic disrupted their seminar-based revenue model, he spearheaded the company’s digital pivot – turning adversity into opportunity. Notably, this led to the rapid growth of Piranha Profits, their financial education brand, which now contributes over 80% of the Group’s revenue and reaches learners in 160 countries.
A bold yet pragmatic entrepreneur, Patrick has launched subsidiaries across six countries – always guided by market fit and long-term vision. He has made decisive calls to exit markets when needed, ensuring agility while focused on the company’s core mission.
Today, Patrick continues to chart AKLTG’s global expansion with clarity and conviction – building world-class education brands that empower lives, create value and scale impact across borders.
About Adam Khoo Learning Technologies Group Pte Ltd
Founded in 2002 by Adam Khoo and Patrick Cheo, Adam Khoo Learning Technologies Group Pte Ltd (AKLTG) has established itself as Asia's leading training organization for personal and professional development. Headquartered in Singapore with a global footprint spanning 160 countries, its key markets include the US, Malaysia and Australia.
AKLTG believes that education is the most powerful tool for change. Its mission is to inspire a better world by empowering individuals with the knowledge, mindset and skills to achieve personal, professional and financial success. Through immersive learning experiences and innovative training methods, AKLTG enables people from all walks of life to unlock their full potential and achieve transformative results.
The Group manages three education brands: Aktivate (youth education), Piranha Profits (financial education), and Growth Catalyst (executive education).
www.akltg.com
c) EY Entrepreneur Of The Year – Real Estate
Mr. Kelvin Lim
Executive Chairman, Executive Director and Group Managing Director
LHN Group
About Mr. Kelvin Lim
Kelvin Lim is a transformative leader whose vision and expertise have redefined the real estate landscape in Singapore and beyond. Since joining LHN in 1997, Kelvin has been instrumental in steering the company from a traditional space leasing model to a multidisciplinary real estate powerhouse. His ability to identify and unlock the potential of undervalued properties is a hallmark of his leadership.
Kelvin excels at identifying underutilized and aging properties to unlock their value. His entrepreneurial mindset has led to the development of efficient, aesthetically appealing and functional environments that cater to the evolving needs of tenants. To enhance operational efficiency and drive new revenue streams, he spearheaded LHN’s integrated facilities management and energy business units, offering comprehensive services and renewable energy solutions that complement the Group’s core space optimization strategy.
Earning LHN the Corporate Excellence & Resilience Award at the Singapore Corporate Awards 2020/2021 is a testament to Kelvin’s foresight, calculated risk-taking and adaptability.
About LHN Group
LHN is a leading player in the real estate management sector. The company operates across four key segments: space optimization, property development, facilities management and energy.
LHN specializes in revitalizing underutilized properties through innovative space planning and strategic enhancements, which not only increases net lettable area but also maximizes yield. With presence in Singapore, Indonesia, Myanmar, Cambodia and China, LHN is committed to expanding its footprint across the region, continually adapting to market demands and leveraging growth opportunities.
The Group's approach is characterized by a deep understanding of market dynamics and a commitment to sustainability. By focusing on environmentally friendly practices and integrating advanced technologies, LHN enhances property value while contributing positively to the communities it serves. This holistic approach has positioned LHN at the forefront of the real estate management landscape, setting new standards for excellence and innovation.
www.lhngroup.com
d) EY Entrepreneur Of The Year – Hospitality Services
Ms. Carolyn Choo
CEO and Managing Director
Worldwide Hotels
About Ms. Carolyn Choo
Carolyn Choo is a visionary hospitality entrepreneur dedicated to transforming the hospitality landscape to create meaningful experiences and making travel more inclusive. As Chief Executive Officer and Managing Director of Worldwide Hotels Group (WWHG), she leads Singapore’s largest homegrown hotel group, which owns and manages 41 strategically situated properties with over 8,600 rooms, representing more than 10% of the country’s total hotel room supply.
Under her leadership, WWHG expanded regionally into key tourism growth markets – Australia, Malaysia, Japan, South Korea and Thailand – owning 11 hotels with over 2,500 rooms in strategic cities. With strong business acumen and a sharp eye for opportunity, she strategically acquired high-quality hotel assets in high-potential destinations, strengthening the Group’s global footprint.
Carolyn pioneered the group’s “lean luxury” concept – redefined luxury for the informed, cosmopolitan traveler as showcased by the group’s landmark hotel, Mercure Icon Singapore City Centre.
Beyond economic success, Carolyn is passionate about empowering young people through inclusive access to education, growth and contribution, so they can realize their full potential and thrive with confidence. She oversees the Group’s foundation, which has donated to local universities, polytechnics, and institutes of technical education to provide bursaries to underprivileged students to ease their financial burdens.
Carolyn is a Chartered Accountant (CA), Chartered Financial Analyst (CFA), and a graduate of the Owner/President Management (OPM) program at Harvard Business School. Listed as Forbes Asia’s Power Businesswomen 2023, her growth-oriented leadership continues to propel WWHG’s expansion and innovation across Asia-Pacific.
About Worldwide Hotels
Worldwide Hotels Group (WWHG) is Singapore’s largest homegrown hotel group, owning and managing 41 strategically located properties across seven brands: ICON Hotel, Hotel Mi, Hotel Boss, V Hotel, Value Hotel, Venue Hotel and Hotel 81.
With over 8,600 rooms, accounting for more than 10% of Singapore’s total hotel rooms inventory, WWHG plays a pivotal role in shaping the mid-tier hospitality landscape. Focused on delivering quality stays at accessible prices, the Group is committed to meeting the aspirations of today’s travelers through authentic service and operational excellence.
Regionally, WWHG owns 11 hotels with more than 2,500 rooms in key tourism growth cities across Australia, Malaysia, Japan, South Korea and Thailand. These assets reflect its mid-tier positioning and strategy of acquiring quality properties in high-potential markets, operated by established global partners.
Through sustainable practices, heartfelt hospitality, and strategic expansion, WWHG redefines affordable travel and contributes meaningfully to the industry and community.
www.wwhotels.com
Fact sheet C: EY Entrepreneur Of The Year judging panel and criteria
Judging panel
Mr. Lee Chuan Teck (chairperson of judging panel)
Executive Chairman
Enterprise Singapore
Dr. Ng Gim Choo
Founder and Chairwoman
EtonHouse International Education Group
Dr. Tan Sian Wee
Senior Vice President (Innovation and Enterprise)
National University of Singapore
Mr. Sujey Subramanian
Managing Director, PAG Private Equity, Singapore
PAG
Mr. Jeffrey Tiong
Founder and CEO
Patsnap
EY Entrepreneur Of The Year 2018 Singapore
EY Entrepreneur Of The Year 2018 – Analytics Intelligence
Mr. Lennon Tan
President, Singapore Manufacturing Federation
Group Chairman, ADERA Global Group
EY Entrepreneur Of The Year 2017 - Financial Services Technology Enablement
Mr. Tan Kok Yam
Chief Executive
SkillsFuture Singapore
Judging criteria
The following four judging criteria sets the global standard adhered to by each country participating in the EY Entrepreneur Of The Year awards.
Entrepreneurial spirit
- Identifies opportunities to innovate and create a better world.
- Takes risks to realize their vision.
- Demonstrates courage, perseverance and resilience to overcome significant obstacles.
Growth
- Increases market share and expands into new markets.
- Drives positive financial performance.
- Invests in attracting, developing and retaining a diverse mix of talent.
- Builds a culture of innovation that pioneers new approaches or technologies.
Purpose
- Commits themselves and their organization to an inspiring purpose and vision.
- Drives strategies for a sustainable future business.
- Creates and protects value in the long term, across a broad group of stakeholders and ecosystems (e.g., consumers, employees, suppliers, government, communities, investors and shareholders).
Impact
- Positively impacts the customers they serve.
- Integrates sustainable Environmental, Social and Governance (ESG) practices in their strategy, with robust commitments and execution plans.
- Focuses on diversity and inclusion across multiple dimensions.
Fact sheet D: EY-Bank of Singapore Family Enterprise Award of Excellence
Winner profile, eligibility and selection criteria
(Information provided by winners’ companies)
EY-Bank of Singapore Family Enterprise Award of Excellence
HMI Medical
Quote by Ms. Chin Wei Jia, Group CEO, HMI Medical
“My family and I would like to express our heartfelt thanks to the award committee, our incredible team, our partners and our patients who trust us with their health.
This award is not just a recognition of our past achievements but a motivation for our future endeavors, to keep going above and beyond to make a difference, one patient at a time, for generations to come.
We will continue to spark change for the future of health care in Singapore and across the region, and work with our partners and community, so that together, we can build a healthier society.”
About HMI Medical
HMI Medical is a leading integrated health care group with over 25 years of experience across Singapore, Malaysia and Indonesia.
We deliver comprehensive and personalized health care services for over three million patients annually through our two hospitals – Makhota Medical Centre and Regency Specialist Hospital, two ambulatory care centers – Regency Medical Care Centre and HMI Medical Centre, 26 specialist centers across five specialist care brands including Eagle Eye Centre, Harley Street Heart & Vascular Centre and Advanced Urology Associates, 40 HMI OneCare clinics, executive health screening centers, and network of 2000 panel clinics. With our managed health care and telehealth platform, we facilitate seamless and value-driven health care experiences for over 7,500 corporate customers and 14 insurance partners across Asia.
Our commitment to medical excellence and community pledge to build a healthier society through educational initiatives, makes us well poised to address the evolving community health needs across the region.
www.hmimedical.com
About family enterprise representative, Ms. Chin Wei Jia
Chin Wei Jia personifies HMI Medical’s 3C values – compassion, competence and collaboration – by constantly exhibiting inspiring leadership qualities since she joined HMI Medical in 2002 after the Asian Financial Crisis and the September 11 attacks. Joining from the time when the organization was undergoing corporate restructuring enabled Wei Jia to gain rich industry knowledge and valuable hands-on experiences through 22 years of challenge, growth and transformation.
Today, Wei Jia continues to play a pivotal role in charting ambitious corporate growth plans despite facing increased industry pressures related to rising cost and talent shortages. She remains steadfast in building a future-proof health ecosystem that delivers the best possible quality, service and value to patients, customers and communities in the countries we serve.
By working collaboratively with doctors, team members and industry stakeholders, she has successfully launched several market-first health service offerings, turned around loss-making operations as well as developed comprehensive ambulatory care and specialist centers that offer personalized and cost-effective care options - further enhanced by strategic partnerships with leading medical technology organizations and university hospital systems. She also spearheaded major health-tech integration initiatives through a corporate managed health care service platform to offer value-based and convenient access to care beyond HMI’s owned facilities to a regional network of medical and wellness providers.
Through her active participation on boards and committees that impact business, health and social causes, Wei Jia is passionate about continuing the journey of transforming health care, empowering communities and leaving a lasting legacy for future generations.
About the award
The EY Family Enterprise Award of Excellence was launched in 2013 to recognize family enterprises that have made significant socioeconomic contributions and demonstrated the ability to harmonize between business and family matters. It is jointly selected by knowledge partners, Business Families Institute @ Singapore Management University and the INSEAD Wendel International Centre for Family Enterprise.
Family enterprises that have been honored include Tecity Group, Ho Bee Land Limited, Agrocorp International Pte. Ltd., Goldbell Group, Hong Leong Group, Far East Organization, Sing Lun Holdings Pte Ltd, Tolaram Group, Jebsen & Jessen (SEA), Eu Yan Sang International, B.P. de Silva Holdings, and the Kewalram Chanrai Group.
Eligibility
- Leadership of the company includes family member(s) from second or subsequent generations, or has multiple branches of a family involved in leadership. (i.e., one individual and first generation would not qualify for the award).
- The family still has a significant ownership and voting stake and is primarily responsible for setting the strategic direction and values for the firm.
- The legal form of the company or group of companies is not relevant.
- Companies may be private or publicly traded.
- If the shares and voting rights have been transferred to a trust, it will remain to be considered as family enterprise if the family has dominant influence on the trust in a way described above.
- The business or headquarter of the business is located in Singapore.
Judging criteria
- Company shows evidence of a successful, sustainable and long term-oriented strategy.
- Company has adopted an effective and transparent corporate governance approach, enabling the execution of the desired strategy and living out of family values.
- Company governance enables unity among the ownership family (i.e., little evidence of significant family disputes impacting the business).
- Demonstrated the ability of the family to preserve company culture, tradition and values and maintain the entrepreneurial spirit and continued innovation over generations.
- Evidence shown of exceptional personnel management.
- Commitment to philanthropic causes or corporate social responsibility.
- Other exceptional achievements such as business awards, public service etc.
Fact sheet E: EY-Bank of Singapore Asean Entrepreneurial Excellence Award winner profile
(Information provided by winners’ companies)
EY-Bank of Singapore Asean Entrepreneurial Excellence Award
Mrs. Thai Huong
Founder and Chairwoman of Strategic Council
TH Group Joint Stock Company
Quote by Mrs. Thai Huong, Founder and Chairwoman of Strategic Council of TH Group Joint Stock Company
“I was born of Earth, Water, and Wind. I am as gentle as the Earth, yet as powerful as Water and Wind. Let us cherish Mother Nature, who gives us everything.”
About TH Group Joint Stock Company
Established in 2009, TH Group has been operating several food and beverage projects including manufacturing and processing fresh milk, nut milk, vegetables, herbals, purified water and fruit juice.
With a market share of more than 46%, TH Group has consistently held the top spot among makers of fresh milk in Vietnam. The success of TH has encouraged other businesses in the same industry to invest seriously in hi-tech centralized dairy farms to create true fresh milk. Besides, consumers have been able to see the true value of fresh milk and enjoy quality products with international standards.
TH is currently continuing to complete its mission of “For public health” with the path of providing clean, organic, healthy beverages and nutrition scheme for Vietnamese people.
thgroupglobal.com
About Mrs. Thai Huong
A determined and kind-hearted woman, Mrs. Thai Huong is known to have successfully built the TH “True Happiness” brand, with “For Public Health” deeply entrenched as its core value. Mrs. Thai Huong is the trailblazer of Vietnam’s organic and clean agriculture and discovered the “golden key” to revitalizing Vietnam’s agriculture through edge technologies application. In 2008, she implemented a dairy farming and production project with a dairy herd of 70,000 cattle, which was then certified as the World’s Largest Centralized Dairy Farming and Processing Complex in 2020.
During her tenure at TH, she played a pivotal role in laying the foundation for the company and contributing to the development of the fresh milk industry in Vietnam. Under her leadership, TH became the first enterprise authorized to label its products as “Fresh Clean Milk” on the packaging; pioneered proposals to bring greater transparency to Vietnam’s dairy market; and initiated the “Nutrition for Vietnamese People” project, offering solutions to improve the nutritional status of Vietnamese people across all age groups.