Seven Singapore firms named in Forbes Asia Best Under A Billion list 2022

The Hour Glass was highlighted by Forbes Asia to have captured the momentum of economic reopening following the pandemic. - THE HOUR GLASS

SINGAPORE (The Straits Times/Asia News Network): Seven Singapore companies, including precision engineering company UMS Holdings and luxury watch retailer The Hour Glass, were included in this year's Forbes Asia Best Under A Billion List.

The list, announced on Forbes' website on Wednesday (Aug 10), recognises 200 top-performing public companies with less than US$1 billion (S$1.38 billion) in yearly sales in the Asia-Pacific region.