By
TWO Singapore-listed companies are in this year's Forbes Asia
Fabulous 50 list - Noble Group for the seventh straight time and Olam
International for the third time and the first since 2010.
"This year's list separates the merely good companies from the truly great ones, producing a list of the best 50 big, publicly traded companies in the Asia-Pacific region," said Forbes Asia.
The Fab 50 companies are chosen from a pool of 1,295 publicly traded companies with an annual revenue or market capitalisation of at least US$3 billion. They are assessed on their revenue, earnings, return on capital, share price movements and outlook.
Noble, described as Asia's largest commodity trading firm, comes under the category of Hong Kong, where it is headquartered. Its appearance on the list for seven years in a row - with sales of US$80.9 billion and market value of US$6.5 billion - is the longest Fab 50 streak.
"This year's list separates the merely good companies from the truly great ones, producing a list of the best 50 big, publicly traded companies in the Asia-Pacific region," said Forbes Asia.
The Fab 50 companies are chosen from a pool of 1,295 publicly traded companies with an annual revenue or market capitalisation of at least US$3 billion. They are assessed on their revenue, earnings, return on capital, share price movements and outlook.
Noble, described as Asia's largest commodity trading firm, comes under the category of Hong Kong, where it is headquartered. Its appearance on the list for seven years in a row - with sales of US$80.9 billion and market value of US$6.5 billion - is the longest Fab 50 streak.
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