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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 35 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

Asaba Manufacturing Phils, Inc. ("AMPI") is a leading manufacturer specializing in Die Casting and Precision Machining Components Manufacturing. AMPI manufactures critical component parts to the Japanese automotive industry for nearly three decades. Engtek acquired Asaba in February 2024 and marks Engtek's first bolt-on acquisition.​ Status: Active Year Invested: 2024 Headquarters: Manila, Philippines Asaba Manufacturing Phils, Inc. ("AMPI") is a leading manufacturer specializing in Die Casting and Precision Machining Components Manufacturing. AMPI manufactures critical component parts to the Japanese automotive industry for nearly three decades. Engtek acquired Asaba in February 2024 and marks Engtek's first bolt-on acquisition. Learn More - Engtek

Read Now for our Annoucements & Headlines about Us LATEST NEWS OUR ANNOUCEMENTS April 1, 2026 Elixir II acquires Willowglen’s Singapore and Malaysia Businesses for RM215.2m February 11, 2026 PrimeMovers Equity and Hong Wei Holdings Ltd Complete the S$165 million Take-Private of Spindex December 19, 2025 Results of Court Meeting in relation to privatization of Spindex Industries Limited 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 April 4, 2026 [The Star] Pursuing the Elixir of growth April 1, 2026 [The Edge Malaysia] Willowglen to merge automation business with Singapore firm in RM215m cash-and-stock deal February 13, 2026 [Singapore Business Review] Spindex to delist after $165m PrimeMovers and Hong Wei acquisition 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

Engtek is a market leader in aluminium die casting and precision engineering for diversified industries, including HVAC, semi-conductor, automotive, telecommunications and data storage. The company is headquartered in Penang with manufacturing sites in Johor, Penang and Manila. Engtek offers an end-to-end service across product design, prototyping, die casting, machining, testing, assembly and supply chain management. Status: Active Year Invested: 2023 Headquarters: Penang, Malaysia Engtek is a market leader in aluminium die casting and precision engineering for diversified industries, including HVAC, semi-conductor, automotive, telecommunications and data storage. The company is headquartered in Penang with manufacturing sites in Johor, Penang and Manila. Engtek offers an end-to-end service across product design, prototyping, die casting, machining, testing, assembly and supply chain management. PrimeMovers Equity, along with co-investor Lingotto Investment Management, has acquired a majority stake in Engtek Group at approximately SGD150 million in June 2023. "The prospect of having PME and Lingotto joining us as strategic partners is immensely exciting. Their participation will enable us to realise our global ambitions and we intend to implement PME's tried-and-tested GTO™ framework, which is expected to take Engtek's operations to the next level." Dato' Teh Yong Khoon, CEO and Chairman of Engtek Group On 11 September 2024, Engtek celebrated its 50th anniversary. "Engtek’s success is a testament to visionary leadership, a strong commitment to innovation, and teamwork. Your journey is not just a business success story – it is an inspiration for all of us. On behalf of the Penang government, I extend my heartfelt congratulations to Engtek Group on this incredible milestone. May the next 50 years bring even greater success and innovation. We look forward to continuing our partnership and sharing in the prosperity ahead.” Chow Kon Yeow, Penang Chief Minister. "Our partnership with NAMIC will not only enhance our technical expertise but also allow us to explore new applications and commercialize innovative additive manufacturing (AM) solutions across the region. Together, we will shape the future of manufacturing." Dato' Teh Yong Khoon, 15 October 2024 First bolt-on Acquisition Second bolt-on Acquisition

Our portfolio companies span across industrial manufacturing, knowledge based services and healthcare manufacturing and services industries Status: Active Year Invested: 2023 Headquarters: Penang, Malaysia Engtek is a market leader in aluminium die casting and precision engineering for diversified industries, including HVAC, semi-conductor, automotive, telecommunications and data storage. The company is headquartered in Penang with manufacturing sites in Johor, Penang and Manila. Engtek offers an end-to-end service across product design, prototyping, die casting, machining, testing, assembly and supply chain management. PrimeMovers Equity, along with co-investor Lingotto Investment Management, has acquired a majority stake in Engtek Group at approximately SGD150 million in June 2023. "The prospect of having PME and Lingotto joining us as strategic partners is immensely exciting. Their participation will enable us to realise our global ambitions and we intend to implement PME's tried-and-tested GTO™ framework, which is expected to take Engtek's operations to the next level." Dato' Teh Yong Khoon, CEO and Chairman of Engtek Group On 11 September 2024, Engtek celebrated its 50th anniversary. "Engtek’s success is a testament to visionary leadership, a strong commitment to innovation, and teamwork. Your journey is not just a business success story – it is an inspiration for all of us. On behalf of the Penang government, I extend my heartfelt congratulations to Engtek Group on this incredible milestone. May the next 50 years bring even greater success and innovation. We look forward to continuing our partnership and sharing in the prosperity ahead.” Chow Kon Yeow, Penang Chief Minister. "Our partnership with NAMIC will not only enhance our technical expertise but also allow us to explore new applications and commercialize innovative additive manufacturing (AM) solutions across the region. Together, we will shape the future of manufacturing." Dato' Teh Yong Khoon, 15 October 2024

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.

At PrimeMovers Equity, we are committed to the highest standards of integrity, accountability, and transparency. We believe that open, honest communication is essential to maintaining trust—both within our organization and with the broader community. WHISTLEBLOWING POLICY At PrimeMovers Equity, we are committed to the highest standards of integrity, accountability, and transparency. We believe that open, honest communication is essential to maintaining trust—both within our organization and with the broader community. We provide secure and confidential channels for employees, partners, and external stakeholders to raise concerns about suspected misconduct, unethical behaviour, or violations of company policies or the law. Whistleblowers are encouraged to report concerns in good faith, with the assurance that their reports will be treated with the utmost confidentiality. Employees or external parties who report suspected misconduct may choose to remain anonymous or request that their identity be kept confidential. PrimeMovers Equity is committed to protecting whistleblowers from retaliation and ensuring a safe and respectful process for all reports received. Whistleblowers may report concerns to Henry Young - henry.young@protegefs.com.

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.

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 Back to TEAM

We are first operators, then investors. Our founders have worked together since 2010 and were formerly co-heads of Platinum Equity team in Singapore when it was established in 2013. We are headquartered in Singapore and are dedicated to the thriving mid-market segment in Southeast Asia. ​ PrimeMovers Equity is a continuation of the team’s proven track records in investing, operating and transforming companies based in Southeast Asia into regional and global champions. GROWTH & TRANSFORMATION THROUGH OPERATIONS IN MID-MARKET PRIVATE EQUITY ACROSS SOUTHEAST ASIA FIRST OPERATORS, THEN INVESTORS Our founders have worked together since 2010 and were formerly co-heads of Platinum Equity team in Singapore when it was established in 2013. We are headquartered in Singapore and are dedicated to the thriving mid-market segment in Southeast Asia. PrimeMovers Equity is a continuation of the team’s proven track records in investing, operating and transforming companies based in Southeast Asia into regional and global champions. OUR FIRM OUR TEAM RECENT NEWS ELIXIR II ACQUIRES WILLOWGLEN'S SINGAPORE & MALAYSIA BUSINESSES FOR RM215.2 M APR 1, 2026 PRIMEMOVERS EQUITY AND HONG WEI HOLDINGS COMPLETE THE S$165 MILLION TAKE-PRIVATE OF SPINDEX FEB 11, 2026 VIEW ALL NEWS News TALK TO US PrimeMovers Equity 6 Battery Road, 03-01 Singapore 049909 + 65 80850979 | info@primemoversequity.com First Name Last Name Email Message Submit to Connect with PME Thanks for submitting!

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 25 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

Our portfolio companies span across industrial manufacturing, knowledge based services and healthcare manufacturing and services industries Status: Active Year Invested: 2024 Headquarters: Manila, Philippines Asaba Manufacturing Phils, Inc. ("AMPI") is a leading manufacturer specializing in Die Casting and Precision Machining Components Manufacturing. AMPI manufactures critical component parts to the Japanese automotive industry for nearly three decades. Engtek acquired Asaba in February 2024 and marks Engtek's first bolt-on acquisition.