Latest Updates
News & Announcements
Our Announcements
April 1, 2026
Elixir II acquires Willowglen's Singapore and Malaysia Businesses for RM215.2m
PrimeMovers Equity's affiliated entity Elixir II completes the acquisition of Willowglen's operations in Singapore and Malaysia.
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February 11, 2026
PrimeMovers Equity and Hong Wei Holdings Complete the S$165 Million Take-Private of Spindex
PrimeMovers Equity successfully completes the take-private of Spindex Industries Limited in partnership with Hong Wei Holdings Ltd.
December 19, 2025
Results of Court Meeting in Relation to Privatization of Spindex Industries Limited
Results of the court-convened meeting regarding the proposed scheme of arrangement for the privatization of Spindex Industries Limited.
October 15, 2025
PrimeMovers Equity Announces Appointment of Managing Director
PrimeMovers Equity strengthens its leadership team with the appointment of a new Managing Director.
October 1, 2025
PrimeMovers Equity Announces Appointment of Operating Partner
PrimeMovers Equity expands its operating capabilities with the appointment of a new Operating Partner.
September 26, 2025
PrimeMovers Equity and Hong Wei Holdings to Privatise Spindex Industries
PrimeMovers Equity announces its intention to privatise Spindex Industries Limited in partnership with Hong Wei Holdings Ltd.
April 17, 2025
PrimeMovers Equity to Acquire Excel Marco
PrimeMovers Equity announces the acquisition of Excel Marco Industrial Systems, a regional industrial and material handling solutions provider.
November 11, 2024
PrimeMovers Equity's Engtek to Acquire Techcom Technology
Engtek Group, a PrimeMovers Equity portfolio company, announces the acquisition of Techcom Technology to expand its engineering capabilities.
March 1, 2024
PrimeMovers Equity Announces Hiring of Managing Director
PrimeMovers Equity announces a key addition to its leadership team with the hiring of a new Managing Director.
February 23, 2024
Engtek Completes Acquisition of Asaba Manufacturing Phils, Inc
Engtek Group successfully completes the acquisition of Asaba Manufacturing Philippines as part of its regional expansion strategy.
July 10, 2023
PrimeMovers Equity and Lingotto Completes Acquisition of Engtek Group
PrimeMovers Equity, in partnership with Lingotto, completes the acquisition of Engtek Group, a precision engineering platform.
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Headlines About Us
April 4, 2026
Pursuing the Elixir of growth (https://www.thestar.com.my/business/business-news/2026/04/04/pursuing-the-elixir-of-growth)
April 1, 2026
Willowglen to merge automation business with Singapore firm in RM215m cash-and-stock deal (https://theedgemalaysia.com/node/798300)
February 13, 2026
Spindex to delist after $165m PrimeMovers and Hong Wei acquisition (https://sbr.com.sg/manufacturing/news/spindex-delist-after-165m-primemovers-and-hong-wei-acquisition)
October 25, 2025
Transformational M&A delivers outsized returns for Singapore firms (https://sbr.com.sg/videos/transformational-ma-delivers-outsized-returns-singapore-firms)
October 8, 2025
PrimeMovers Equity's Soo Jin Goh on investing in Southeast Asia's evolving supply chains (https://ionanalytics.com/insights/mergermarket/primemovers-equitys-soo-jin-goh-on-investing-in-southeast-asias-evolving-supply-chains/)
October 1, 2025
Skyline II to acquire Spindex Industries (https://sbr.com.sg/news/skyline-ii-acquire-spindex-industries)
September 29, 2025
PrimeMovers Equity-led consortium to privatise SG's Spindex in $127m deal (https://www.dealstreetasia.com/stories/primemovers-equity-spindex-457907)
September 27, 2025
PrimeMovers Equity backs Spindex's controlling shareholders in $1.43 per share cash offer to delist company (https://www.theedgesingapore.com/capital/offer/primemovers-equity-backs-spindexs-controlling-shareholders-143-share-cash-offer-delist)
October 15, 2024
EngTek and NAMIC will set up a Technology Centre of Excellence in Singapore (https://www.mti.gov.sg/Newsroom/Speeches/2024/10/Speech-by-MOS-Alvin-Tan-at-the-NAMIC-Global-Additive-Manufacturing-Summit-2024)
September 11, 2024
Penang's EngTek Group celebrates 50 years of manufacturing excellence (https://www.buletinmutiara.com/penangs-engtek-group-celebrates-50-years-of-manufacturing-excellence/)
February 22, 2024
PrimeMovers bucks PE downturn with focus on financing and operations (https://www.theedgesingapore.com/news/private-equity/primemovers-bucks-pe-downturn-focus-financing-and-operations)
May 23, 2023
Deal focus: PrimeMovers buys Malaysia machinist in debut deal (https://www.avcj.com/avcj/official-record/3029287/deal-focus-primemovers-buys-malaysia-machinist-in-debut-deal)
May 19, 2023
Singapore's PrimeMovers, partner, take stake in Malaysia's Engtek (https://asia.nikkei.com/Spotlight/DealStreetAsia/Singapore-s-PrimeMovers-partner-take-stake-in-Malaysia-s-EngTek)
May 18, 2023
SG's PrimeMovers partners Lingotto to pick majority in Malaysia's Engtek (https://www.dealstreetasia.com/stories/primemovers-linggotto-engtek-343935)
Singapore, London firms buy majority stake in Penang-based Engtek Group (https://www.nst.com.my/business/2023/05/910669/singapore-london-firms-buy-majority-stake-penang-based-engtek-group)
PrimeMovers Equity, Lingotto acquire majority stake in Malaysia's Engtek for S$150 million (https://www.businesstimes.com.sg/international/asean/primemovers-equity-lingotto-acquire-majority-stake-malaysias-engtek-s150)
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