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About the Billion Dollar Club & Honours List

The Edge Singapore
The Edge Singapore12/11/2020 07:00 AM GMT+08  • 2 min read
About the Billion Dollar Club & Honours List
The Edge Singapore Billion Dollar Club recognises excellence in companies listed on the SGX with at least $1 billion in market cap
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The Edge Singapore Billion Dollar Club (BDC) recognises excellence in companies listed on the Singapore Exchange (SGX), with at least $1 billion in market capitalisation. The billion-dollar cut-off serves as an aspirational target for dynamic smaller companies, which we are also recognising with the creation of the Centurion Club awards, which rates 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’s part of The Edge Media Group, first organised the Billion Ringgit Club back in 2010 to similarly recognise companies listed on the Bursa.

Unlike the other corporate awards where a panel of judges determine the winners, both the BDC and the BRC take a quantitative approach, drawing on companies’ financial performance data from their annual reports, tabulated by financial advisory website absolutelystocks. com and then, a set of methodology is applied to come up with the eventual results.

In 2019, the BDC methodology was enhanced to include measurement on sustainability using scores kindly provided by SGX. This year’s BDC is the second time the sustainability scores are taken into consideration.

There are 82 companies included in this year’s BDC, down from 91 last year. This is no surprise as the world economy is struggling with the most severe downturn in living memory, no thanks to the pandemic. The Centurion Club, on the other hand, has 157 members this year, versus 150 last year.

With more vaccines becoming available, investors are already positioning for the anticipated recovery. We look forward to having more companies included this time next year.

Honours List

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