Engtek Group

Precision Engineering

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

Status: Active

Year Invested: 2023

Headquarters: Penang, Malaysia

Transaction: ~SGD150M

Asaba Manufacturing (First bolt-on acquisition, Feb 2024)

Techcom Technology (Second bolt-on acquisition, Dec 2024)

Footer

6 Battery Road, #03-01 · Singapore 049909

  • About
  • Investment Strategy
  • Portfolio
  • Team
  • Responsible Investment
  • News
  • Contact Us

    • We are a Singapore-based private equity investment management firm licensed by the Monetary Authority of Singapore (Capital markets Services License No. 101254)

    © 2026 PrimeMovers Equity (S) Pte Ltd. All rights reserved. The information on this website is for informational purposes only and does not constitute investment advice or an offer to invest in any fund managed by PrimeMovers Equity.

    PrimeMovers Equity (S) Pte Ltd. is registered in Singapore.

    Plain Text Review

    Privacy Notice

    Disclaimer

    Whistleblowing

    Website Designed by Arthur Technologies

    Arthur Technologies (https://wa.me/60187717688)