(L-R) Mr. Richard Eu, Honorary President, Spirit of Enterprise | Ms. Novie Djayayanti Tjoa, President, Spirit of Enterprise | Mr. Alvin Tan, Guest-of-Honour, Minister of State, Ministry of Trade and Industry and Ministry of National Development | SOE-CLA Global TS Entrepreneurship Award 2025 Winner, Ms. Rachel Wong, Managing Director of Marunda Private Limited | Award Presenter, Mr. Edwin Leow, Co-Advisory Leader, Head of Tax, CLA Global TS
4 November 2025 – On 27 October 2025, CLA Global TS was proud to participate in the Spirit of Enterprise (SOE) Awards Ceremony & Gala Dinner 2025 as the major partner, celebrating inspiration and the unstoppable spirit of entrepreneurship. Now in its 22nd year, the SOE Awards honour the innovative and inspiring minds of local entrepreneurs. CLA Global TS has partnered with SOE since 2007, supporting homegrown business entrepreneurs and creating opportunities for emerging local talent to embark on their entrepreneurial journey.
As a longstanding sponsor of the SOE Awards, CLA Global TS proudly applauds the 53 Honourees across eight categories in this year’s edition for their resilience, innovation, and passion.
President of the Spirit of Enterprise (SOE), Ms. Novie Djayayanti Tjoa, and Guest-of-Honour, Mr. Alvin Tan, Minister of State for Trade and Industry
and National Development, graced the event alongside all 53 Honourees of the SOE Awards 2025.
At the SOE Awards Ceremony, the highest honour was presented to Ms. Rachel Wong, Managing Director of Marunda Private Limited, who received the SOE–CLA Global TS Entrepreneurship Award — an annual accolade nominated by the Judging Panel and awarded to a past SOE Honouree who has elevated their enterprise to new heights.
Mr. Henry Tan, Group CEO & Chief Innovation Officer, CLA Global TS shared, “CLA Global TS extends its heartfelt congratulations to Ms. Rachel Wong, recipient of the 2025 SOE-CLA Global TS Entrepreneurship Award. A true role model in Singapore’s entrepreneurial landscape, Rachel exemplifies strength, perseverance, and leadership. Under Rachel’s leadership, Marunda has successfully navigated numerous challenges, strengthening its internal resources and processes while seizing opportunities as they arise, thereby securing its position in the defence and naval engineering industry. Beyond her business achievements, Rachel is deeply committed to nurturing the next generation of entrepreneurs, generously sharing her insights and mentoring future talent through her involvement with SOE and other initiatives. Her unwavering drive continues to inspire and empower aspiring entrepreneurs across Singapore.”
“It was truly inspiring to see Ms. Rachel Wong, Managing Director of Marunda Private Limited, an SOE Alumni Honouree from 2009, return to the stage to receive the SOE–CLA Global TS Entrepreneurship Award 2025. Her journey reflects remarkable growth, resilience, and purpose over the years. She embodies the Spirit of Enterprise, proving that true success continues to evolve with time and contribution. We are deeply grateful to CLA Global TS for their meaningful partnership with SOE, in recognising and celebrating entrepreneurs who continue to grow, inspire, and give back to the community,” said Ms. Novie Djayayanti Tjoa, President, Spirit of Enterprise.
Presented with the award, Ms. Rachel Wong conveyed her heartfelt thoughts, “Winning the SOE–CLA Global TS Entrepreneurship Award 2025 is a true testament to my 40-year journey as an entrepreneur in the defence and naval engineering industry. This path has never been easy — it has been built on decades of hard work, perseverance, dedication, and, above all, trust. For over four decades, Marunda has weathered many storms. Yet, what has kept us afloat and moving forward has always been the unwavering commitment of my incredible team. This award does not belong to me alone — it belongs to every member of the Marunda family who has stood by me through the roughest seas, never abandoning the ship even when the waves were high. Your loyalty, resilience, and faith have steered us toward calmer waters and guided us to sail with the right wind and direction. I dedicate this honour to my entire team for their steadfast spirit, and to our valued customers who have placed their trust in us. You recognised that Marunda stands apart — that we are not just service providers, but partners in your most critical and challenging missions. Your confidence in our capabilities has inspired us to deliver every assignment with pride, precision, and excellence.”
“This prestigious award is more than a recognition — it is a beacon of our reputation and credibility in the defence engineering industry. It symbolises the spirit of endurance, unity, and excellence that defines who we are. Thank you for believing in us, for sailing this long and meaningful voyage together, and for allowing Marunda to continue serving with honour, integrity, and innovation. Thank you once again to CLA Global TS for this endorsement — we are humbly honoured to receive this Award,” added Ms. Rachel Wong.
CLA Global TS’s Unwavering Dedication in Supporting Spirit of Enterprise
Since partnering with SOE in 2007, CLA Global TS has actively supported its longstanding mission to promote, inspire, and cultivate the local entrepreneurial community. As a testament to the firm’s commitment and dedication to supporting SOE’s cause, CLA Global TS has key members of its management team serving on the Executive Committee, contributing their expertise and support to further advance SOE’s efforts in nurturing local entrepreneurship.
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About the SOE Awards:
The Spirit of Enterprise Awards platform is an annual award conferred to deserving business entrepreneurs to honour their outstanding achievements. It aims to recognise our local entrepreneurs’ courage, perseverance, and innovation in their journey of entrepreneurship. These local entrepreneurs serve to become role models for our young Singaporeans to emulate and to inspire the youths to take the bold step in becoming enterprising entrepreneurs. All nominees are interviewed by SOE’s appointed Student Interviewers who will prepare interview transcripts, together with supporting documents, for submission to SOE Judging Panel, comprising the SOE Board of Governors. The Judging Panel will review the submissions and select the honourees based on the selection criteria established.
For more information, please refer to www.soe.org.sg/soe-awards.
About CLA Global TS:
Established in 1993, CLA Global TS is a trusted public accounting firm and Asia-focused business advisor. Over the past three decades, CLA Global TS has built its niche expertise as an IPO consultant with numerous successful listings in regional markets, expanded its service offerings to better serve clients, and enhanced its capabilities through global connections. Today, CLA Global TS has a team of 320 professionals led by experienced leaders with over 30 years of expertise in Assurance & IPO, Tax, Risk Advisory, Valuation, Insolvency & Restructuring, Sustainability & Climate Change Advisory, and more, operating from locations in Singapore, China, and Malaysia.
CLA Global TS is an independent network member of CLA Global Limited (CLA Global), a prominent global organisation comprising independent accounting and advisory firms focused on fast-growing, innovative, middle-market cross-border businesses. CLA Global TS represents CLA Global in Singapore, Southeast Asia, and China, serving as CLA Global’s leading firm in Asia.
For more information, visit www.cla-ts.com.
Media Contacts:
Ross Seah
Marketing Communications Manager
+65 6534 5700 (ext. 707)
rossseah@sg.cla-ts.com
Ryan Tan
Marketing Communications Associate
+65 6534 5700 (ext. 670)
ryantancw@sg.cla-com
