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Eight Singapore companies made it to this year's Forbes' "Best Under A Billion" list, up from the five that were included in the previous year's list.
The yearly list highlights the 200 top-performing small and medium enterprise firms from close to 13,000 publicly listed Asia-Pacific companies with actively traded shares and sales between US$5 million ($6.75 million)and US$1 billion.
The final 200 are selected based on earnings growth, sales growth, and shareholders' return on equity in the past 12 months and over three years.
China had the most entries at 71, followed by India at 39. India is the top gainer, with 19 new entries this year.
Singapore's best under a billion
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Japan, which had 24 entries last year, managed only 2 entries this year due to local domestic woes.
The 200 winning companies will be honored at the Forbes Asia "Best Under A Billion" award ceremony and dinner in Hong Kong on November 23, 2010.
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