7 Singapore firms earn spots on Forbes Asia’s 2024 Best Under A Billion list

SGX, Aztech Global, and Delfi were amongst those that made the list.

Seven Singapore-listed firms made Forbes Asia’s 2024 Best Under A Billion list, recognising the top 200 publicly-listed small and medium-sized companies in the Asia-Pacific region, with annual sales below US$1b.

Amongst them, the Singapore Exchange had the highest market value at US$7.7b, followed by Aztech Global (US$557m), Delfi (US$388m), and Credit Bureau Asia (US$162m). 

Rounding out the list were Old Chang Kee (US$66m), Choo Chiang Holdings (US$56m), and Eggriculture Foods (US$23m).

Forbes Asia selected candidates from over 20,000 listed companies based on a composite score reflecting their track record in debt, sales, earnings-per-share growth, and returns on equity over recent one- and three-year periods.