
Six Singapore small caps make the cut in Forbes' Best Under a Billion list
These six promise solid growth.
Six Singapore-listed firms made the cut in Forbes' 200 Best Under a Billion list.
These firms are healthcare company Cordlife Group, investment holding company Hock Lian Seng, Pacific Century Regional Developments Limited, Q&M Dental Group, Silverlake Axis, and Wee Hur Holdings.
The 200 companies were selected from 17,000 listed companies in the Asia-Pacific region with sales between $5 million and $1 billion.
The companies were scrutinized for profitability, growth, and modest indebtedness. The 200 companies in the final list “produced the highest sales and earnings per share growth for both the most recent fiscal one and three-year periods, and the strongest five-year average return on equity,” Forbes said.