Overall Winner – Singapore Technologies Engineering Ltd, Colin Teo Whee Min, in partnership with Citi, DBS, J.P. Morgan and Standard Chartered. Highly Commended Winner – Takeda Pharmaceuticals, Noel Brady. Highly Commended Winner – Capital Environment Holdings Ltd, Cao Guoxian. Many corporates are exploring alternative sources of funding, diversifying and/or refinancing their funding sources. We see many different types of funding submitted here, from a diversified mix of funding to Panda and hybrid bonds.