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Singapore, 24 July 2018 – Nexia TS would like to convey its warm congratulations to its SGX-listed clients who have won the prestigious Singapore Corporate Awards 2018, held on 18 July at the Resorts World Convention Centre. The awards program was organised by the Institute of Singapore Chartered Accountants (ISCA), Singapore Institute of Directors (SID), The Business Times (BT), and supported by Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange (SGX).
The Singapore Corporate Awards epitomise Singapore’s highest accolade in Corporate Governance and consolidates five of Singapore’s key awards – Best Managed Board Award, Best Chief Executive Officer Award, Best Chief Financial Officer Award, Best Investor Relations Award and Best Annual Report Award.
Japan Foods Holding Ltd
Established in Singapore in 1997 and listed on the Catalist Board of the Singapore Exchange Securities Trading Limited in February 2009, Japan Foods is one of the leading Japanese restaurant chains in Singapore. As at 31 March 2018, the Group operates 50 restaurants in Singapore under various brands, such as “Ajisen Ramen”, “Osaka Ohsho” and “Menya Musashi”. The company was named Best Managed Board (Gold) 2018, and Mr Kenneth Liew, named Best Chief Financial Officer 2018 for companies with less than $300 million in market capitalisation.
Micro-Mechanics (Holdings) Limited
Micro-Mechanics designs, manufactures and markets high precision parts and tools used in process-critical applications for the semiconductor and other high technology industries. Beginning in 1983 with a small factory in Singapore, the Group has grown steadily to become a publicly-listed corporation with a global presence. This year, Mr Christopher Reid Borch was named the Best Chief Executive Officer Award under the category of companies with market capitalisation of less than S$300 million. The Group has maintained a consistent track record of other accolades won over the past years. Namely, the Best Managed Board Award and the Best Investor Relations Award, where it was last conferred the Gold Awards for both categories in 2017.
“The Singapore Corporate Awards is an exemplary platform to spotlight corporate leaders with high standards of corporate governance that took ownership of this responsibility and led by example at company level. It is heartwarming for us to learn of the success of our clients who have coveted these significant accolades that not only raise the bar for others to emulate, but as well as to inspire to do likewise.”
Henry Tan, Managing Director, Nexia TS
About the Singapore Corporate Awards:
The Singapore Corporate Awards (SCA) was launched on 19 September 2005 as the umbrella awards for exemplary corporate governance practices for listed companies in Singapore. It seeks to consolidate existing awards while introducing new awards in the area of excellent corporate governance.
The Best Annual Report Award was first introduced in 1974 to encourage listed companies to increase the extent and quality of voluntary disclosures in their annual reports. Prior to the SCA, this competition was jointly organised over the years by the Institute of Singapore Chartered Accountants, Singapore Exchange Limited, Singapore Institute of Directors, The Business Times, Securities Investors Association (Singapore), and Investment Management Association of Singapore.
The Best Managed Board Award, the first of its kind in the Asia Pacific region, was launched in 2003 to recognise and encourage enhanced corporate governance within companies. The Best Investor Relations Award and Best CFO Award were added in 2005 to form the Singapore Corporate Awards. The Best CEO Award was added in 2006. A special one-off Distinguished Contribution to Corporate Governance Award was given to Mr JY Pillay in 2015 for the tenth anniversary of the Singapore Corporate Awards. A Special Recognition Award was launched in 2016 to recognise outstanding and exemplary conduct related to corporate governance not covered by the other awards.
About Nexia TS:
Nexia TS was founded in 1993 by two experienced chartered accountants – Henry Tan and Sitoh Yih Pin. After working as managers for one of the international accounting firms, they saw a vision and an opportunity to establish their own organisation – not any accounting firm – but one which is unique in their personalised and well-qualified expertise.
To date, Nexia TS is recognised as an established mid-tier local accounting firm. We have grown significantly in size over the years. Being an independent member firm of Nexia International, we are affiliated to accounting firms in many parts of the world. This means that our clients will get to enjoy personalised, comprehensive and quality services at competitive rates in Singapore and globally. Our reputation for quality has been recognised by clients and accounting professionals.
As testimony to this, we are among the first few local accounting firms to be accredited by the Institute of Chartered Accountants in Australia to provide supervision of professionals undergoing traineeship to qualify as Chartered Accountants. Headquartered in Singapore, Nexia TS has established a strong presence in various countries across the region. Nexia TS Shanghai is a one-stop centre providing advisory services for foreign-invested enterprises in China. NTS Malaysia and NTS Myanmar provide a full suite of corporate advisory services for our clientele with operations and new foreign investments in the respective countries.
Nexia International is an international network of accounting and consulting firms with origins going back to 1971, making Nexia International one of the longest established networks. Currently, with 30,750 staff serving our clients at 667 offices in 115 countries, it is ranked as the top 10 largest international accounting and consulting network.
For more details, please visit www.nexiats.com.sg.
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Nexia TS is a member firm of the “Nexia International” network. Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited and the member firms of the Nexia International network (including those members which trade under a name which includes the word NEXIA) are not part of a worldwide partnership. Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within the Nexia International network is a separate legal entity.