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SINGAPORE – Media OutReach
– 8 April 2021 – BR Metals, a leading specialist in precious metals recycling, receives 2
acclaimed business accolades in a month. On 23rd March, the Company
was awarded third ranking in this year’s Enterprise 50 (E50) Awards. It was the
Company’s very first attempt at the prestigious E50 awards that recognised the
top 50 Singapore-based, privately-held businesses that have contributed to
building a more sustainable, resilient and inclusive nation through continuous
innovation, even in these unprecedented times. Today, the Company was named one
of the Top 500 High-Growth Companies Asia-Pacific 2021 – a ranking created by
The Financial Times, Nikkei and Statista.
BR Metals MD, Mr Frank Chen (Left) with other award recipients at the Enterprise 50 Awards. PHOTO: BUSINESS TIMES
The E50 Awards are jointly organised by The Business Times and KPMG,
sponsored by Oversea-Chinese Banking Corporation (OCBC) and supported by the
Enterprise Singapore, the Singapore Business Federation and the Singapore
Exchange.
The
Top 500 list of Fastest-Growing Companies in Asia Pacific is a survey by The
Financial Times, Nikkei and the data company, Statista. BR Metals is ranked 24th
in the top 500 list of companies in a vast region covering 13 countries and
millions of companies.
BR Metals Founder and Managing Director, Frank Chen’s steadfast
commitment to sustainability while not losing focus on profitability has helped
the company secure its top ranking in the E50 Awards and a notable mention by
Dr Tan See Leng, Singapore Second Minister for Trade & Industry, and
Manpower. “BR Metals recovers precious metals such as platinum and palladium
from spent materials that can be used in new products. This reduces the need to
mine for new metals, minimising the environmental impact and strengthening the
industry’s resilience,” Dr Tan remarked.
In addition, qualitative factors including business model, productivity
and innovation, management ideals and governance, market branding and presence,
and liquidity and risk management are also decisive factors in BR Metals’ win.
“We are honoured to be named one of the 50
most enterprising companies in Singapore, but to rank top three in the 2020 E50
Award is both poignant and humbling, especially in these challenging times. Making
it to a respectable position in the Top 500 list of
Fastest-Growing Companies in Asia Pacific comes as a very pleasant and
welcome surprise. The E50 Awards and this recognition validate our vision and
growth strategies, and is only made possible by the fortitude and passion of
our team to succeed in the sustainability realm”, said Frank Chen. “I am
most grateful to the jury at E50 for recognising our efforts, our customers for
their steadfast belief in us and our staff for their dedication and hard work.
We will strive to do better next year,” he added.
The E50 Awards and the Top 500 list
of Fastest-Growing Companies in Asia Pacific are not the only accolades BR
Metals received in 2021. Earlier this year, BR Metals secured a top 10 spot in Singapore’s Fastest Growing
Companies, a survey by The Straits Times and Statista for a third consecutive
year.
To find out more about the Enterprise 50 (E50) Awards 2020,
please visit https://www.straitstimes.com/business/companies-markets/companies-must-remain-nimble-diversify-and-create-value-to-survive
For more details about the Top 500 list of Fastest-Growing
Companies in Asia Pacific, please visit https://www.ft.com/high-growth-asia-pacific-ranking-2021
To read about how BR
Metals carved out a niche for itself in the precious metals recycling realm,
please visit https://www.businesstimes.com.sg/hub/enterprise-50-2020/br-metals-turns-trash-to-cash
For more information about BR Metals Pte Ltd, please visit www.brmetalsltd.com
For sales enquiries, please contact + 6261 6900 or email
info@brmetalsltd.com
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