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- 2025 AGM | PrimeMoversEquity
On 4 November 2025, we welcomed our LPs and marketplace partners to our 2025 Annual General Meeting to reflect on another year of progress and transformation across the PrimeMovers Equity platform. Co-Founder and CEO Soo Jin Goh kicked off the session with an update on PME Fund I, which has successfully completed the fundraising with Fund I expected to be largely deployed by 1Q 2026. PME will be back in the market to raise Fund II by mid-2026. Read on for more. On 4 November 2025, we welcomed our LPs and marketplace partners to our 2025 Annual General Meeting to reflect on another year of progress and transformation across the PrimeMovers Equity platform. Co-Founder and CEO Soo Jin Goh kicked off the session with an update on PME Fund I, which has successfully completed the fundraising with Fund I expected to be largely deployed by 1Q 2026. PME will be back in the market to raise Fund II by mid-2026. Soo Jin also provided an update on PME’s deal progress – including the completed acquisition of Techcom and Excel Marco in 2025, and the announced take-private of SPINDEX Industries Limited . Our portfolio company Engtek Group continues to deliver strong top line momentum, while GTO initiatives at Excel Marco are underway as we actively pursue add-on acquisition opportunities to further transform the Company. As our portfolio continues to grow, we are also building out our operational bench strength with talents tailored to our GTO framework to drive hands-on value creation across our companies. In 2025, we are pleased to welcome Kevin Fernando as Managing Director and Howard Abe as Operating Partner. The AGM then featured Eric Tan, who presented an overview of Excel Marco, followed by Howard Abe, who shared a thematic piece on creating operational value in an increasingly volatile world. The meeting concluded with a “GTO at Work” panel moderated by Jovi Zalamea , featuring Kevin Fernando, Randy Teo and Donald Chan, offering first-hand perspectives on how PME’s GTO framework continues to drive results across our portfolio. We sincerely thank our LPs and marketplace partners for your continued trust and support. As we look ahead to the next chapter, we remain committed to earning that trust – through disciplined execution, operational excellence, and shared success.
- NEWS | PrimeMoversEquity
Read Now for our Annoucements & Headlines about Us LATEST NEWS OUR ANNOUCEMENTS November 4, 2025 2025 Annual General Meeting October 15, 2025 PrimeMovers Equity Announces Appointment of Managing Director October 1, 2025 PrimeMovers Equity Announces Appointment of Operating Partner September 26, 2025 PrimeMovers Equity and Hong Wei Holdings to Privatise Spindex Industries April 17, 2025 PrimeMovers Equity to Acquire Excel Marco November 11, 2024 2024 Annual General Meeting November 11, 2024 PrimeMovers Equity’s Engtek to Acquire Techcom Technology March 01, 2024 PrimeMovers Equity Announces Hiring of Managing Director February 23, 2024 Engtek Completes Acquisition of Asaba Manufacturing Phils, Inc July 10, 2023 PrimeMovers Equity and Lingotto Completes Acquisition of Engtek Group May 18, 2023 PrimeMovers Equity and Lingotto to Acquire Majority Stake in Malaysia Company Engt ek Group August 08, 2022 PrimeMovers Equity Obtained Capital Markets Services License from the Monetary Authority of Singapore HEADLINES ABOUT US October 25, 2025 [Singapore Business Review] Transformational M&A delivers outsized returns for Singapore firms October 8, 2025 [AVCJ] PrimeMovers Equity’s Soo Jin Goh on investing in Southeast Asia’s evolving supply chains October 1, 2025 [Singapore Business Review] Skyline II to acquire Spindex Industries September 29, 2025 [Deal Street Asia] PrimeMovers Equity-led consortium to privatise SG's Spindex in $127m deal September 27, 2025 [The Edge Singapore] PrimeMovers Equity backs Spindex's controlling shareholders in $1.43 per share cash offer to delist company October 15, 2024 [Ministry of Trade and Industry Singapore] EngTek and NAMIC will set up a Technology Centre of Excellence in Singapore September 11, 2024 [Buletin Mutiara] Penang’s EngTek Group celebrates 50 years of manufacturing excellence February 22, 2024 [The Edge Singapore] PrimeMovers bucks PE downturn with focus on financing and operations May 23, 2023 [AVCJ] Deal focus: PrimeMovers buys Malaysia machinist in debut deal May 19, 2023 [Nikkei Asia] Singapore's PrimeMovers, partner, take stake in Malaysia's Engtek May 18, 2023 [DealStreetAsia] SG's PrimeMovers partners Lingotto to pick ma jority in Malaysia's Engtek [New Straits Times] Singapore, London firms buy majority stake in Penang-based Engtek Group [The Business Times] PrimeMovers Equity, Lingotto acquire majority stake in Malaysia's Engtek for S$150 million
- GTO | PrimeMoversEquity
GTO™ is the DNA of PrimeMovers Equity and is the main toolkit we apply in creating value for our portfolio companies. Soo Jin led the complex carve out of the two business divisions (GEC and Avdel) that were merged to form Infastech in 2010 and the business grew and transformed under Randy’s leadership. HOW WE CREATE VALUE GTO™ is the DNA of PrimeMovers Equity and is the main toolkit we apply in creating value for our portfolio companies. The core of our GTO™ framework GTO ™ 1.0 Focus on business fundamentals through cost management, balance sheet, KPIs, culture and governance GTO ™ 2.0 Achieve operational excellence through procurement transformation and lean manufacturing, factory floor efficiency and better resource / machine utilisation GTO ™ 3 .0 Accelerate growth sustainably by increasing Average Selling Price, managing product portfolio and margins efficiently, and undertaking strategic M&A to capture full industry potential GTO ™ 4 .0 Prepare for the future through digital transformation GTO ™ 5 .0 Incorporate environmental, social, and governance (ESG) factors in investment decisions and active ownership, and use these as a competitive edge in the marketplace GTO ™ 6 .0 Institute a purpose-driven approach by embedding a shareholder value creation mindset, and incorporating sustainable practices CASE STUDY Infastech is a market leader in providing innovative engineered fastening solutions to diversified industries, including electronics, industrial, construction, automotive and commercial. It has developed established brands such as Avdel®, Camar®, Elco® that date back to 1920. Soo Jin led the complex carve out of the two business divisions (GEC and Avdel) that were merged to form Infastech in 2010 and the business grew and transformed under Randy’s leadership. Infastech was subsequently sold to Stanley Black & Decker at an enterprise value of US$850 million in 2013.
- RANDY TEO | PrimeMoversEquity
Randy is Co-Founder and Partner of PrimeMovers Equity. Randy has more than 28 years of industry and private equity experience. He was formerly the President of Stanley Black & Decker (Engineered Fastening Division), CEO/ President of Infastech and Asia Pacific President of Acument Global Technologies and Textron Asia (Engineered Fastening Division). Prior to co-founding PrimeMovers Equity, Randy was Principal and Co-head of Platinum Equity M&A team in Singapore. Experience Education Randy is Co-Founder and Partner of PrimeMovers Equity. Randy has more than 28 years of industry and private equity experience. He was formerly the President of Stanley Black & Decker (Engineered Fastening Division), CEO/ President of Infastech and Asia Pacific President of Acument Global Technologies and Textron Asia (Engineered Fastening Division). Prior to co-founding PrimeMovers Equity, Randy was Principal and Co-head of Platinum Equity M&A team in Singapore. Randy has a Masters in Business Administration from the University of Hull and an Executive Diploma in Directorship from Singapore Management University and Singapore Institute of Directors. Randy also attended the Advanced Management Program from Wharton. RANDY TEO Get in Touch Connect with Randy Back to TEAM
- HOWARD ABE | PrimeMoversEquity
Howard brings more than 30 years of global experience in management consulting, organizational transformation, and operations leadership. A former Partner at Kearney, he supported over 100 client projects in strategy, manufacturing, and supply chain optimization across multiple industries. Experience Howard brings more than 30 years of global experience in management consulting, organizational transformation, and operations leadership. A former Partner at Kearney, he supported over 100 client projects in strategy, manufacturing, and supply chain optimization across multiple industries. In addition to his consulting career, Howard has held senior leadership roles in the non-profit sector and is the Founder & CEO of Integrity Hub, an organizational change platform that has been adopted by leading coaching organizations. Education Howard holds an MBA from The Wharton School of the University of Pennsylvania as well as a Certificate in Theology and Pastoral Studies from the University of Oxford. HOWARD ABE Get in Touch Connect with Howard Next
- EXCEL MARCO | PrimeMoversEquity
Excel Marco Industrial Systems Pte Ltd is a leading engineering consultant specializing in Process Control & Process Safety System. Automation and Control System, Digital & IIoT and Operational Technology (OT) Cyber Security. Excel Marco provides solutions for the Marine, Oil & Gas, Petrochemical, Power Generation & Water Treatment Industries. The team has extensive experience in providing the best engineering solutions to our clients. Status: Active Year Invested: 2025 Headquarters: Singapore Excel Marco Industrial Systems Pte Ltd is a leading engineering consultant specializing in Process Control & Process Safety System. Automation and Control System, Digital & IIoT and Operational Technology (OT) Cyber Security. Excel Marco provides solutions for the Marine, Oil & Gas, Petrochemical, Power Generation & Water Treatment Industries. The team has extensive experience in providing the best engineering solutions to our clients. Other Portfolios
- CONTACT US | PrimeMoversEquity
Contact us through email at info@primemoversequity.com Talk To Us PrimeMovers Equity (S) Pte. Ltd. Six Battery Road, #03-01 Singapore 049909 Mail First Name Last Name Email Message Send Thanks for submitting!
- JOVI ZALAMEA | PrimeMoversEquity
Jovi spent 25 years at Goldman Sachs across its New York, Hong Kong and Singapore offices. He brings with him broad experience in investment banking advisory, structuring and financial risk management. He is a veteran growth markets banker, having worked with Latin American and Southeast Asian markets. Experience Jovi spent 25 years at Goldman Sachs across its New York, Hong Kong and Singapore offices. He brings with him broad experience in investment banking advisory, structuring and financial risk management. He is a veteran growth markets banker, having worked with Latin American and Southeast Asian markets. Most recently, Jovi served as Goldman Sachs’ country head for Philippines and Vietnam where Jovi advised on financing and M&A transactions and was responsible for building Goldman Sachs’ relationships with the markets’ top corporations and institutions. Education Jovi received his MBA from Northwestern University Kellogg School of Management and BA in Economics and Mathematics (magna cum laude) from the University of the Philippines. JOVI ZALAMEA Get in Touch Connect with Jovi Next
- DONALD CHAN | PrimeMoversEquity
Donald has more than 20 years' experience in non-profit, private and public sectors. He was formerly the Managing Director Asia Pacific for CDP where he set up the Asia Pacific office for the leading non-profit which manages the global environmental disclosure system for corporate and cities. Prior to that, Donald was an operating partner of Temasek Holdings where he was instrumental in setting up and operationalizing of new platforms, ventures and financial vehicles. Experience Donald has more than 20 years' experience in non-profit, private and public sectors. He was formerly the Managing Director Asia Pacific for CDP where he set up the Asia Pacific office for the leading non-profit which manages the global environmental disclosure system for corporate and cities. Prior to that, Donald was an operating partner of Temasek Holdings where he was instrumental in setting up and operationalizing of new platforms, ventures and financial vehicles. Education Donald has an MBA from Macquarie Graduate School of Management, and a Bachelor of Laws and Bachelor of Commerce from University of Sydney. DONALD CHAN Get in Touch Connect with Donald Next
- GOH SOO JIN | PrimeMoversEquity
Soo Jin is Co-Founder, CEO and Partner of PrimeMovers Equity. Soo Jin has more than 20 years of experience in private equity, consulting and executive management. He was previously with Goldman Sachs, Temasek Holdings, Kearney and Babcock & Brown before becoming a Director at Standard Chartered Private Equity and Board Director at Infastech. Prior to co-founding PrimeMovers Equity, Soo Jin was Managing Director and Head of Platinum Equity M&A team in Singapore. Experience Soo Jin is Co-Founder, CEO and Partner of PrimeMovers Equity. Soo Jin has more than 20 years of experience in private equity, consulting and executive management. He was previously with Goldman Sachs, Temasek Holdings, Kearney and Babcock & Brown before becoming a Director at Standard Chartered Private Equity and Board Director at Infastech. Prior to co-founding PrimeMovers Equity, Soo Jin was Managing Director and Head of Platinum Equity M&A team in Singapore. Education Soo Jin has a Bachelor Degree in Business Administration (First Class Honours) from the National University of Singapore and an Executive Diploma in Directorship from Singapore Management University and Singapore Institute of Directors. Soo Jin was also Deputy Chairman of St Joseph's Institution (Independent) Board of Governors from 2017 to 2023. SOO JIN GOH Get in Touch Connect with Soo Jin Back to TEAM
- JIM HUANG | PrimeMoversEquity
Jim joined with more than 5 years of investment banking and equity research experience. Prior to joining PrimeMovers Equity, Jim was an Associate from Wells Fargo Corporate and Investment Banking focusing on M&A Financing. Prior to Wells Fargo, Jim was with Desjardins Capital Markets Equity Research focusing on the Consumer sector. Experience Jim joined with more than 5 years of investment banking and equity research experience. Prior to joining PrimeMovers Equity, Jim was an Associate from Wells Fargo Corporate and Investment Banking focusing on M&A Financing. Prior to Wells Fargo, Jim was with Desjardins Capital Markets Equity Research focusing on the Consumer sector. Education Jim holds a Bachelor of Commerce degree in Finance and Economics from the University of Toronto. JIM HUANG Get in Touch Connect with Jim Next
- 2024 AGM | PrimeMoversEquity
On 11 November 2024, PME welcomed our LPs and partners to our 2024 AGM to take stock of year-to-date progress and our pipeline. Co-Founder & CEO Soo Jin Goh kicked off with an update on our investment activities and fund vision. Key focus was the application of our core GTO™ framework, a guiding principle in our investment philosophy and strategy. This was demonstrated through the 2024 bolt-on acquisitions of Asaba Manufacturing and Techcom Technology by our 2023 portfolio company, Engtek Group. On 11 November 2024, PME welcomed our LPs and partners to our 2024 AGM to take stock of year-to-date progress and our pipeline. Co-Founder and CEO Soo Jin Goh kicked off with an update on our investment activities and fund vision. Key focus was the application of our core Growth and Transformation through Operations (GTO™) framework, a guiding principle in our investment philosophy and strategy. This was demonstrated through the 2024 bolt-on acquisitions of Asaba Manufacturing and Techcom Technology by our 2023 portfolio company, Engtek Group. PrimeMovers Equity Managing Director Jovi Zalamea moderated an informative panel on “GTO™ at Work” with LP Dr. Kevin Fernando, Engtek Chief Transformation Officer Ong Fun Aik and PME Value Creation Director Teck Siew Ee. PME Sustainability Lead Donald Chan presented our “GTO™5.0: Responsible Investment” strategy as a competitive advantage in our portfolio construction while Jovi also briefed the group on opportunities in PME's focus market. We are grateful for our LPs and marketplace partners who are walking with us on this journey. Together with you we climb our mountains and we celebrate our wins!

