Raffles Education Corporation named among Top 200 Best Under a Billion for the 4th Consecutive Year

Raffles Education Corp has been named as one of the Top 200 Asia-Pacific companies on the Forbes Asia's "Best Under a Billion" list for the 4th consecutive year (2006 – 2009). 

The five companies that made the cut this year – Boustead Singapore, Ezra Holdings, Midas, Raffles Education and Thomson Medical Centre – were from vastly different sectors. They were familiar faces, also seen in last year’s list.

For this year’s ranking, Forbes made its selection from 25,326 listed companies in the region, looking for consistent growth in both  sales and profits over the previous three years, as well as modest indebtedness and sound future prospects.

Raffles Education Corp is expanding rapidly, with plans to open eight new colleges in Asia, of which five will be in India.

The 200 successful companies will be honoured at an awards ceremony and dinner in Singapore on Nov 11.