Yahoo Finance 8 Business Owners Who Received The Singapore National Day Award In 2021
The National Day Awards recognise various forms of individual merit and service to Singapore. Both Singaporeans and non-Singaporeans can be honoured for their contributions to the civil or military service, social and community work, or for excellent performance in their respective field.
First established in 1962, with five awards. Today, many more awards have been added to the list. For the National Day Awards in 2021, a total of 5,710 individuals received awards from 21 award categories. Notably, there were no awards for the top two categories – The Star of Temasek (Bintang Temasek) and The Order of Temasek (Darjah Utama Temasek) – and that about half of the award winners won “The Long Service Medal” award.
According to news reports, the National Day Awards have stringent criteria and an elaborate system of nomination and short-listing award winners. Ministries, statutory boards and grassroots organisations put forward their nominations, with the entire process usually taking four to five months, which includes time for consideration and approval by the President of Singapore.
The criteria of the awards differ from medal to medal (yes, the winners receive an actual medal). Some of the awards are also only for those in the military service. The recipients are also awarded titles that can be used professionally – such as on their name cards or biographies following their names.
We look at business owners who received awards within the top 6 categories of 2021 awards. (Editor’s Note: Do note that there may be more business owners that we could not verify as such. The information provided on the Prime Minister’s Office website typically states the individual’s public designations rather than personal/business designations.)
#1 Derek Goh Bak Heng
National Day Award: Public Service Star (Bar)
Mr Derek Goh is the patron for Sengkang East CCC. Mr Derek is also the Executive Chairman & Group CEO of Serial Systems. On the Serial Systems website, it states that Mr Derek Goh started up his business as a sole proprietorship in 1988, and incorporated Serial System in 1992.
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Serial Systems is listed on the Main Board of the Singapore Exchange (SGX). With a market capitalisation of $134.2 million, Serial Systems is an electronic components distributor with more than 5,000 customers across Asia.
#2 Eduardo A. Henkel Perez-Castro
National Day Award: Public Service Star (Bar)
Mr Eduardo is the Honorary Consul of Singapore in Mexico City. According to his CV listed on the Ministry of Foreign Affairs website, Mr Eduardo is also involved in extensive business activities spanning the automobile industry. It also states that he is investing in the construction of two plants to produce green energy in Mexico.
#3 Late Mr Winston Merchor
National Day Award: Public Service Star (Bar)
Mr Winston Merchor was Singapore’s Honorary Consul in Lima, Peru. When he was appointed Honorary Consul in 2005, the MFA press statement noted that he was also the Owner and Manager of W.Merchor S.A.C., a Bonded Custom Broker and Servifreight S.A.C., a Bonded International Cargo Agency.
#4 Terrance K. Salman
National Day Award: Public Service Star (PBM)
Mr Terrance Salman is another Honorary Consul of Singapore’s, in Vancouver, Cananda. In an MFA statement, he is listed as the Chairman, President and CEO of Salman Partners Inc., a research, investment banking and sales and trading firm.
#5 Teo Kiang Ang
National Day Award: Public Service Star
Mr Teo Kiang Ang is the Patron of Cheng San-Seletar CCC. He is also the founder and non-executive chairman of Singapore listed Union Gas.
According to the Union Gas website, Mr Teo started his business as a sole proprietorship in 1974. Mr Teo is also the Chairman and CEO of taxi firm Trans-cab.
#6 Dr Lim Yong Guan
National Day Award: Public Service Star
Dr Lim Yong Guan is the chairman of the Bukit Merah Community Centre Management Committee. He is also a Co-Founder and Executive Chairman and CEO of SGX-listed pawnbroking firm MoneyMax.
#7 Dr Kuah Boon Theng
National Day Award: Public Service Star
Dr Kuah is listed as the Chairman, Hospital Medifund Committee (National Cancer Centre) and member of the Medifund Advisory Council. According to online sources, she started her law firm, Legal Clinic LLC, in 2004.
#8 Abdul Rohim Sarip
Abdul Rohim Sarip is listed as a member of the Yellow Ribbon Project. He is another lawyer who has started his own law firm and is the managing partner of A. Rohim Noor Lila & Partners.
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The post 8 Business Owners Who Received The Singapore National Day Award In 2021 appeared first on DollarsAndSense Business.
