About the Billion Dollar Club
The Edge Singapore Billion Dollar Club recognises excellence in companies listed on the Singapore Exchange with at least $1 billion in market capitalisation. The billion-dollar cutoff also serves as an aspirational target for dynamic smaller companies, which are also accorded the recognition they deserve through the Centurion Club awards for companies with market values of between $100 million and below $1 billion.
The Edge Singapore organised our first Billion Dollar Club in 2016 while The Edge Malaysia, our sister publication that is part of The Edge Media Group, first organised the Billion Ringgit Club back in 2010. Unlike other corporate awards determined by a judging panel, both the Billion Dollar Club and the Billion Ringgit Club take a quantitative approach.
The companies’ financial performance data are drawn from their annual reports, tabulated by financial advisory website absolutelystocks.com and then a set of formulae is applied according to the methodology to arrive at the eventual results.
This year’s Billion Dollar Club is also the third time sustainability scores provided by Singapore Exchange are taken into consideration. There are 92 companies included in this year’s Billion Dollar Club, from 88 last year. The Centurion Club, on the other hand, has 164 members this year, versus 162 last year.
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