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Singapore, 20 July 2017 – Nexia TS congratulates its mainboard-listed clients in yet another round of success for the recipients of the prestigious Singapore Corporate Awards (SCA), held on 18 July 2017 at the Resorts World Convention Centre. Now in its 12th year, the SCA Awards platform recognises outstanding listed companies and individuals who have excelled in local corporate disclosure standards and corporate governance. The Guest of Honour was Mr Lawrence Wong, Minister for National Development and Second Minister for Finance.
In all, 30 companies and 6 individuals won accolades for leading the way in effective governance and shareholder communications. The awards were co-organised by the Institute of Singapore Chartered Accountants, Singapore Institute of Directors and The Business Times, and supported by the Accounting and Corporate Regulatory Authority and the Singapore Exchange.
Micro-Mechanics (Holdings) Limited
Designer and manufacturer of high precision tools, parts and assemblies for the semiconductor, medical, aerospace and other high technology industries, Micro-Mechanics (Holdings) Limited climbed to the top spot with a Gold Award in both categories for 2017 – Best Managed Board and Best Investor Relations Award in the category for companies with less than $300 million in market capitalisation. 2017 marks Micro-Mechanics’ fourth Best Managed Board Award and the seventh Best Investor Relations Award from the SCA.
Q & M Dental Group (Singapore) Limited
Established as a reliable dental healthcare services provider with multi-disciplinary expertise, Q & M Dental Group was conferred the Silver Award in 2017 in the Best Managed Board Award under the market capitalisation of $300 million to less than $1 billion category. Previously in 2015 and 2016, Q & M Dental Group was awarded the Best CEO Award in the category for companies with $300 million to $1 billion in market capitalisation.
“Big congratulations to both Micro-Mechanics (Holdings) Limited and Q & M Dental Group (Singapore) Limited for emerging as winners for this year’s Singapore Corporate Awards! Winning the highly-rated awards is a testament to our clients’ firm leadership and robust governance standards, in which Nexia TS is honoured to be provided the opportunity to support them in their business journeys.”
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.
For more details, please visit www.scawards.com.sg.
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 China 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 more than 28,000 staff serving our clients at over 650 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.