Futuristic CEO Mr. David Low Chor Hoon named EY Entrepreneur Of The Year 2016 Singapore

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SINGAPORE, 21 OCTOBER 2016 –Mr. David Low Chor Hoon, Chairman and CEO of Futuristic Store Fixtures Pte Ltd has been named the EY Entrepreneur Of The Year (EOY) 2016 Singapore by professional services organization, EY. This was announced at the 15th EY EOY awards gala held at The Ritz-Carlton, Millenia Singapore this evening, where Mr. Lawrence Wong, Minister for National Development and Second Minister for Finance, was the guest-of-honor.

Mr. Low, who also won the EY Entrepreneur Of The Year – Manufacturing Supply Chain award, will be Singapore’s representative at the prestigious EY World Entrepreneur Of The Year (WEOY) to be held in Monte Carlo, Monaco in June 2017. He will compete with more than 60 other country winners 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 best business leaders.

Please refer to fact sheet A for past WEOY winners

Fact sheet A: World Entrepreneur Of The Year past winners

Past WEOY 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 the India-based Infosys Technologies Limited, India
2004: Tony Tan Caktiong, President of Jollibee Foods Corporation, The Philippines
2005: Wayne Huizenga, Chairman of Huizenga Holdings, US
2006: Bill Lynch, CEO of Imperial Holdings, South Africa
2007: Guy Laliberte, Founder and CEO of Cirque du Soleil, Canada
2008: Dr. Jean-Paul Clozel, Founder and Chairman of the Board of Actelion Pharmaceuticals, Switzerland
2009: Cao Dewang, Chairman of Fuyao Glass Industry Group, China
2010: Michael Spencer, Group CEO of ICAP plc, UK
2011: Olivia Lum, Group President and CEO of Hyflux Ltd, Singapore
2012: James Mwangi, CEO and Managing Director of Equity Bank, Kenya
2013: Hamdi Ulukaya, Founder, President and CEO of Chobani, Inc., US
2014: Uday Kotak, Founder, Executive Vice Chairman and Managing Director of Kotak Mahindra Bank, India
2015: Mohed Altrad, Founder and CEO of Altrad Group, France
2016: Manny Stul, Chairman and Co-CEO, Moose Enterprise, Australia

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On clinching the top honor, Mr. Low says:

“I am truly humbled and honored. This award stands as a testament to our efforts over the years; it will further encourage us to work harder and dream bigger. I would not be receiving this award without the concerted effort of my team. Behind every successful leader or business is a stellar team, so I would like to dedicate this award to my Futuristic team and my clients, who are global retail leaders in their industry segments.

In the last 11 years, Futuristic’s growth has been closely related to the supply of store fixtures to retail brands internationally. With this globally esteemed award, I believe it will bring us to greater heights and further strengthen our global position as the leading store fixture specialist based out of Asia.”

In addition to the top honor, EY presented four other EOY category awards at the gala dinner:

  • EY Entrepreneur Of The Year – Manufacturing Supply Chain
    Mr. David Low Chor Hoon
    Chairman and CEO, Futuristic Store Fixtures Pte Ltd
  • EY Entrepreneur Of The Year – Diversified Industries
    Mr. Lawrence Leow
    Chairman and CEO, Crescendas Group
  • EY Entrepreneur Of The Year – Food and Beverage Distribution
    Ms. Helene Raudaschl
    Managing Director, Indoguna Singapore Pte Ltd
  • EY Entrepreneur Of The Year – Lifestyle and Retail
    Dato’ Sri Dr. Lim Yong Guan
    Chairman, Soo Kee Group Ltd

Please refer to fact sheet B for the profiles of the winners and their companies, and their comments on winning the award

Fact sheet B: Winner and company profiles

(Information provided by winners’ companies)

a) EY Entrepreneur Of The Year 2016 Singapore
EY Entrepreneur Of The Year – Manufacturing Supply Chain
Mr. David Low Chor Hoon
Chairman and CEO, Futuristic Store Fixtures Pte Ltd

Quote on receiving the category award:
“I am truly humbled and honored to be the recipient of this award.

Borrowing from the words of Aristotle, “The whole is greater than the sum of its parts.” Indeed, I would not be here if it wasn’t for my team. I would like to dedicate this award not just to my team, but also to my clients, who are global retail leaders in their industry segments. We have been consistently punching above our weight as a local contender, by taking on clients from around the world. With this award, I hope it will encourage more Singapore entrepreneurs to go global. We may only be a small red dot on the map, but we are a force that is unstoppable!”

Amid the current economy, Futuristic continues to aggressively pursue growth from both our existing clients and new global leading brands. In anticipation of these bold moves, we have already embarked on expanding both our China and Malaysia manufacturing facilities. We will be doubling our capacity by next year.”

About Mr. David Low Chor Hoon
Mr. David Low Chor Hoon started out in the contracting business in 1979. With 37 years of experience in general contracting and carpentry, he gained international exposure through outfitting a myriad of high fashion boutiques including Tiffany & Co., Versace and Prada.

In 2005, he took on the role as CEO of Futuristic Store Fixtures Pte Ltd (Futuristic). His quest to perfect the art of retail store fixtures has brought Futuristic to the international stage. Under Mr. Low’s  leadership, Futuristic has supplied to more than 7,000 retail stores worldwide.

Mr. Low continues to run Futuristic with an attitude of constant innovation and improvement to build a dynamic company. He is a firm believer in lifelong learning to remain relevant in today’s constantly evolving economy.

Mr. Low is 54 years old.

About Futuristic
Futuristic Store Fixtures Pte Ltd (Futuristic) is a leading store fixtures specialist for retail brands in Asia. Founded in 2005, Futuristic has more than 700 employees globally and has rolled out more than 7,000 retail stores across 56 countries. It owns over 600,000 square feet of wood and metal manufacturing and warehousing facilities in Malaysia, China and North America. Futuristic’s corporate portfolio showcases world renowned international brands such as Victoria’s Secret, Bath & Body Works, La Senza, Gap, Levi Strauss & Co, Borders, and Telstra.
For more information about Futuristic, please visit: www.futuristicgroup.com.

b) EY Entrepreneur Of The Year – Diversified Industries
Mr. Lawrence Leow
Chairman and CEO, Crescendas Group

Quote on receiving the category award:
“It is a great honor to win the EY Entrepreneur Of The Year 2016 – Diversified Industries Award. This is an honor I would like to share with the management and staff of the Crescendas Group, for whom I owe this award to.”

About Mr. Lawrence Leow
Mr. Lawrence Leow is the Chairman and Chief Executive Officer of the Crescendas Group. He is also currently the Honorary Treasurer of Singapore Business Federation and Chairman of the SBF-led SME Committee. A former Nominated Member of Parliament, Mr. Leow also previously served as a Board Member on the Central Provident Fund Board, SPRING Singapore, National Arts Council and also sat on the Customs Advisory Committee at Singapore Customs. He was also President of the Association of Small and Medium Enterprises from 2002 to 2011.

Mr. Leow’s active participation in voluntary and community work also sees him serving as the Patron of Yew Tee Citizens’ Consultative Committee and Yew Tee Constituency Sports Club. For his contribution to community service, Mr. Leow was awarded the Pingat Bakti Masyarakat, or the Public Service Medal at the 2015 National Day Awards.

Mr. Leow is 58 years old.

About Crescendas Group
Established in 1982 and headquartered in Singapore, Crescendas is a progressive multi-industry group with businesses in property, hospitality, technology, distribution and manufacturing. Since incorporation, Crescendas has been committed to developing and delivering innovative solutions, quality products and services in their various fields of business.

Over the years, Crescendas has established and fostered a network of strategic and mutually fulfilling relationships with its partners, associates and clients. These strategic partnerships coupled with the support of customers have enabled it to develop and grow its portfolio of businesses both within Singapore and overseas. Today, Crescendas has facilities and operations in Singapore, Malaysia, Indonesia, Laos, China, Sri Lanka and Maldives.

Leveraging the experience and commitment of a dedicated team, Crescendas is committed to delivering optimal returns by consistently ensuring customer, staff, partner and stakeholder satisfaction through the provision of a comprehensive range of quality facilities, products and services.

c) EY Entrepreneur Of The Year – Food and Beverage Distribution
Ms. Helene Raudaschl
Managing Director, Indoguna Singapore Pte Ltd

Quote on receiving the category award:
“I am blessed to be surrounded by the best people in my universe supporting my every dream.”

About Ms. Helene Raudaschl
Having been exposed to a strong food culture since young, Ms. Helene Raudaschl knew from the beginning that food would always be her passion. Her family has been in the food business for over 30 years in Hong Kong, which provided her with the opportunity to acquire a taste for premium produce imported from all over the world.

In 1997, Ms. Raudaschl moved to Singapore and joined Indoguna Singapore Pte Ltd (Indoguna). She then became the Managing Director and co-owner in 2002, where she focused her efforts in expanding the business.

Ms. Raudaschl grew up with hands-on knowledge and a desire to offer quality products to institutions that value fine food and quality produce. Her philosophy of “only the best is good enough” is applied throughout the business.

With this immeasurable passion, Indoguna continues to stay at the forefront of innovation and has expanded beyond Singapore, with affiliated companies in Dubai, Hong Kong and Indonesia.

Ms. Raudaschl is 42 years old.

About Indoguna Singapore Pte Ltd
Indoguna Singapore Pte Ltd has been established since 1993. For over two decades, Indoguna Singapore has been delivering culinary delights time and time again. From every corner of the world, they vouch to source and deliver the best quality produce the world has to offer.

Indoguna Singapore is proud to have contributed to Singapore’s culinary scene by providing culinary maestros with the highest quality produce and ingredients. With the philosophy of “only the best is good enough”, they continue to source, manufacture and deliver unforgettable gastronomic choices to customers.

In line with plans to expand beyond Singapore, Indoguna Singapore has a Halal food manufacturing plant that boasts the highest standards in food hygiene and food quality standards. Based in Jebel Ali, United Arab Emirates, Indoguna Productions FZCO produces a range of quality Halal food products, catering to clients in the Middle East and the rest of the world.

d) EY Entrepreneur Of The Year – Lifestyle and Retail
Dato’ Sri Dr. Lim Yong Guan

Chairman, Soo Kee Group Ltd

Quote on receiving the category award:
“It is a great honor and privilege to be awarded the EY Entrepreneur Of The Year 2016 – Lifestyle and Retail. Over the course of 25 years in business, this would have been impossible if not for the support of our business partners, shareholders, employees and customers. We will continue to embrace creativity and excellence to reach greater heights, while staying committed to bring to life high-quality jewelry products and mementoes and experiences to delight our customers.”

About Dato’ Sri Dr. Lim Yong Guan
Dato’ Sri Dr. Lim Yong Guan is the Chairman and one of the Group’s founders. Dr. Lim presides over and facilitates board meetings, advising the Group’s management, who draw on his extensive business networks, market insights, wealth of experience and knowledge of the jewelry industry for guidance.

Dr. Lim presently holds the position of Executive Chairman and CEO of MoneyMax Financial Services Ltd. He also serves as a committee member for the Singapore Jewelers Association and the Singapore Pawnbrokers’ Association

Actively involved in community and grassroots activities, Dr. Lim serves as Vice Chairman for the Radin Mas Citizens’ Consultative Committee, the Bedok Center Merchants’ Association, Sian Chay Medical Institution, Teochew Poit Ip Huay Kuan, and is Chairman for the Hua Yan Buddhist Society. Dr. Lim received an Honorary Doctorate from the University of Honolulu. He was also awarded the prestigious Pingat Bakti Masyarakat, or the Public Service Medal, in 2015.

Dr. Lim is 56 years old.

About Soo Kee Group Ltd
Headquartered in Singapore and listed on the Singapore Exchange Securities Trading Limited since 20 August 2015, Soo Kee Group Ltd was founded in 1991 and has an established presence of over 25 years in Singapore.

Offering a wide range of jewelry products through Soo Kee Jewellery, SK Jewellery and Love & Co., there are over 60 retail stores strategically situated in prime shopping malls. Soo Kee Jewellery focuses on fine gem-set jewelry and premium diamonds for the contemporary woman, while SK Jewellery offers an extensive range of contemporary jewelry and collectibles for a wider demographic and is the leading jeweler for 999 Pure Gold. Love & Co. specializes in bespoke bridal jewelry offering customizable designs and personalization services to establish personal connections with couples in love. The Group also provides bullion trading services through SK Bullion, offering an alternative investment platform for customers to buy, sell and store precious metals.

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An independent judging panel had assessed the nominees based on their merits in fulfilling the six global judging criteria, namely entrepreneurial spirit, financial performance, strategic direction, global (or community) impact, innovation and personal integrity/influence.

Please refer to fact sheet C for the judging panel and judging criteria

Fact sheet C: EY Entrepreneur Of The Year judging panel and criteria

Judging panel

  • Wong Ngit Liong
    Chairman and Chief Executive Officer
    Venture Corporation Limited
    EY Entrepreneur Of The Year 2002
  • Dr. Robert Yap
    Executive Chairman
    YCH Group Pte Ltd
    EY Entrepreneur Of The Year 2007
  • Loi Pok Yen
    Chief Executive Officer
    CWT Limited
    EY Entrepreneur Of The Year 2013 – Logistics
  • Omar K. Lodhi
    Partner and Regional Head – Asia
    Abraaj Capital Asia Pte Ltd
  • Prof. Wong Poh Kam
    Professor, NUS Business School and
    Director, NUS Entrepreneurship Center
  • Ho Meng Kit
    Chief Executive Officer
    Singapore Business Federation
  • Prof. Annie Koh
    Vice President, Office of Business Development
    Practice Professor of Finance
    Singapore Management University

Judging criteria

he following six judging criteria sets the global standard adhered to by each and every country participating in the EY Entrepreneur Of The Year awards.

  • Entrepreneurial spirit
    The individual is a risk-taker who sets very high standards and demonstrates an unflinching desire and determination to succeed despite significant obstacles.
  • Financial performance
    The business has demonstrated strong financial performance and maintains a good track record in raising finance. Coupled with quality investments, the business has the potential for long-term sustainability.
  • Strategic direction
    The individual not only creates and turns business visions into realities, but also builds strategic alliances and empowers talents to achieve common goals.
  • Global (or community) impact
    The business has expanded or plans to expand into international markets and has made global impact in terms of job creation and improved living economics.
  • Innovation
    The individual has pioneered a new approach or technology, embraces changes and continuously innovates.
  • Personal integrity/influence
    The individual earns great respect and is able to communicate ideas and influence the wider community. The individual’s enforcement of socially responsible practices seeks to improve the quality of life.

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The award recipients were selected from over 40 nominations.

Chairman of the judging panel, Mr. Wong Ngit Liong, also Chairman and Chief Executive Officer of Venture Corporation Limited, comments that Mr. David Low Chor Hoon epitomizes the qualities of an outstanding and enduring entrepreneur. He said:

“The retail sector is a highly competitive sector but David has successfully made a mark in this space. In 2002, when Futuristic Store Fixtures was still a small manufacturing outfit, David had brokered a multimillion-dollar contract with a global top retailer. This demonstrated his sheer courage, appetite for risk and sharp eye for breakthrough opportunities to deliver beyond conventional expectations.

Under David’s visionary leadership, Futuristic has grown from a start-up to a global business, serving leading international retail brands across 56 countries. Far from resting on his laurels, David, in the true spirit of a fine entrepreneur, has set ambitious plans to leverage technological innovations.” 

Digital-led entrepreneurship has potential to define next generation of growth businesses

With digital disruption increasingly commonplace, the landscape for entrepreneurship is changing. Mr. Max Loh, Singapore and Asean Managing Partner, Ernst & Young LLP comments:

“The connectivity and reach afforded by digital, big data and analytics are key enablers for entrepreneurs to innovate, iterate and scale – and these in turn, are essential to securing Singapore’s economic future. The question is how current and future generations of entrepreneurs can successfully harness the upsides of digital, and how the public and private sectors can better collaborate to develop a sustaining ecosystem that allows digital-led entrepreneurship to flourish.”

This year’s EOY winners share the importance of embracing digital disruptions and innovation for success. 

Mr. David Low Chor Hoon, EY Entrepreneur Of The Year – Manufacturing Supply Chain, Chairman and CEO, Futuristic Store Fixtures, says: “Technological disruptions are welcomed as they increase the competition and put pressure on existing industries to evolve to cater to new needs and carve out new solutions to problems. Businesses will have to embrace a ‘differentiation and rethinking culture’, which is, to make innovation mandatory to better serve their customers. I am a firm believer of ‘Be your own disrupter, question the status quo, and ask what can I do to make this better?’ ”

Mr. Lawrence Leow, EY Entrepreneur Of The Year – Diversified Industries, Chairman and CEO, Crescendas Group, comments that disruptive technologies are most powerful when harnessed with sound business acumen. He says: “While a disruptive technology may be the ‘goose that lays the golden eggs’ for a business, it needs nurturing and good timing. It may sound unorthodox but insofar as disruptive technology is concerned, the notion of ‘first mover advantage’ may not always apply. After all, as with most new technologies, there is a period of gestation and acceptance that may end up favoring players that move in later.”

Ms. Helene Raudaschl, EY Entrepreneur Of The Year – Food and Beverage Distribution, Managing Director, Indoguna Singapore, stresses the importance of constantly reinventing the business: “Innovation is core to growth and success. In any entrepreneurial business, hard work and persistence is not the only recipe to success. Innovation plays a big part in creating new ideas, new concepts, new ways of doings things and communicating, new talents and new results.”

Dato’ Sri Dr. Lim Yong Guan, EY Entrepreneur Of The Year – Lifestyle and Retail, Chairman, Soo Kee Group, shares his experience of being ahead of his customer’s needs. He says: “We have to constantly innovate to meet the ever-evolving needs and aspirations of globally minded customers. As a leading jeweler, we differentiate by striving to delight and enrich our customers’ lives as our beautifully designed and intricately crafted jewelry pieces accompany them through life’s precious moments.”

Special honor for AirAsia and Jebsen & Jessen (SEA)  

At the gala, EY presented the EY Asean Entrepreneurial Excellence award to Mr. Tony Fernandes, Group CEO of AirAsia. On receipt of the recognition, Mr. Fernandes shares his personal mantra: “Believe in the unbelievable, never take no for an answer, dare to dream big.”

Please refer to fact sheet D for the winner profile

Factsheet D: EY Asean Entrepreneurial Excellence Award winner profile

(Information provided by winners’ companies)

EY Asean Entrepreneurial Excellence Award
Mr. Tony Fernandes, Group CEO
AirAsia

About Mr. Tony Fernandes
Best known for co-founding AirAsia, Tony Fernandes has grown the ailing Malaysia-based domestic carrier into Asia’s largest airline group with operations in five countries.

Tony studied at Epsom College and the London School of Economics in Britain, and qualified as an Associate Member of the Association of Chartered Certified Accountants in 1991 and Fellow Member in 1996.

He has received numerous awards and accolades including the Honor of the Commander of the Order of the British Empire, conferred by Her Majesty Queen Elizabeth II in 2011; and the Commander of the Legion d’Honneur, awarded by the French government for his outstanding contributions towards the economy of France through the aviation industry.

In 2010, Tony was named Businessman of the Year by Forbes Asia. In 2015, he was included in the TIME 100 list, the magazine’s annual list of the top 100 most influential people in the world. In February 2016, Tony was recognized by the US-Asean Business Council with the Fourth Pillar Award for his extraordinary contribution towards the growth of the Asean region.

About AirAsia
AirAsia started in 2001 after Tony Fernandes and Datuk Kamarudin Meranun bought over the airline from DRB-Hicom for a token sum of RM1.

Starting with 2 Boeing 737 aircraft to 6 destinations and 250 staff in Kuala Lumpur, AirAsia has since expanded to 17,000 staff and over 170 Airbus aircraft to more than 100 destinations.
AirAsia has set up affiliates in Thailand, Indonesia, Philippines, India and will soon set up in Japan. AirAsia has also established sister airline, AirAsia X Thailand and Indonesia, and will be focusing on markets beyond Asean.

AirAsia has been named the World’s Best Low Cost Airline by Skytrax for 8 consecutive years from 2009 to 2016.

AirAsia has driven the implementation of technological innovations such as self check-in via AirAsia.com, mobile application and airport kiosks, e-boarding passes, self-bag tags, and automated baggage drop-offs to further improve guest experience. They also introduced the BIG loyalty program for frequent flyers to redeem flights, accommodation or other services offered by partners.

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Additionally, EY and Barclays also presented the EY-Barclays Family Business Award of Excellence to Jebsen & Jessen (SEA). Mr. Heinrich Jessen, Chairman of Jebsen & Jessen (SEA) shared his views on what makes a family business successful:

“Successful family businesses vary greatly in what sort of policies they have in place on governance, succession and involvement of family members in the ownership and management of the business. But they tend to have three things in common, which I believe are crucial: they have policies, they to stick to them and they communicate them clearly.”

Please refer to Fact sheet E for winner profile, eligibility and selection criteria.

Factsheet E: EY-Barclays Family Business Award of Excellence
Winner profile, eligibility and selection criteria

(Information provided by winners’ companies)

EY-Barclays Family Business Award of Excellence
Jebsen & Jessen (SEA)

About Jebsen & Jessen (SEA)
Jebsen & Jessen (SEA) is an industrial conglomerate. The Group began in 1963 as a distribution company that steadily grew into a full-fledged manufacturing, engineering and distribution group. The core business units include cable technology, ingredients, life sciences, material handling, offshore, packaging and technology.

Today, Jebsen & Jessen (SEA) has more than 50 subsidiaries and associate companies with operational entities in 9 of the 10 ASEAN member states. With a staff of 4,500, it serves over 20,000 customers in, and beyond, the region. Its network now spans 76 locations, including 24 manufacturing facilities.

Jebsen & Jessen (SEA) is part of a global family enterprise that dates back to a trading partnership formed in Hong Kong in 1895. Beyond the region, they are closely connected to a network of sister companies in Australia, Europe and Greater China.

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 business 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.

Selection 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 or philanthropic awards etc.

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The EY Asean Entrepreneurial Excellence award and the EY-Barclays Family Business Award of Excellence are honorary awards that are presented on board the EOY platform (the award recipients do not compete for the EOY Singapore 2016 title).

Sponsors and supporters
Barclays has been a major sponsor of the EOY awards for the past eight years. Mr. Vikram Malhotra, Head of Sales for South & South East Asia, Wealth & Investment Management, Barclays, says:

“As we continue to be inspired by successful entrepreneurs, the awards play an important role in celebrating their vision and resilience. The vast majority of our clients in Asia built their wealth through founding, acquiring, building and selling their companies. At Barclays, we help entrepreneurs achieve their ambitions – by advising them on their financial affairs and supporting our clients in funding and taking their businesses to international frontiers.”

Other sponsors and supporters include The Edge Singapore (official business publication); The Peak (official luxury lifestyle magazine); Action Community for Entrepreneurship (ACE); International Enterprise Singapore (IE Singapore); Singapore Business Federation and SPRING Singapore.

The EY EOY awards program was launched in Singapore in 2002 to honor entrepreneurs who have created and sustained successful business ventures, as well as to coincide with the government’s focus on fostering entrepreneurship and grooming local entrepreneurs. Now in its 15th year, the awards has evolved into a leading business award in Singapore with an international presence and footprint. For more information about the EY EOY program, please visit ey.com/sg/eoy.

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Notes to editors

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

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. 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 world’s most prestigious business awards program for entrepreneurs. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries. ey.com/eoy

About Barclays

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website home.barclays