Tommie Goh Thiam Poh

Founder of JIT Holdings; chairman of 2G Capital, 2G Capital

 

Self-made businessman Tommie Goh, whose circuit-board firm JIT saw rapid success in the late ’80s and ’90s, is also a proponent of investing and entrepreneurship

Tommie Goh made his name with JIT Holdings, which he founded in 1987. Dealing in printed circuit-board components, the fledgling trading firm put in the hard graft and enjoyed substantial business in its first year; the takings were invested in a factory that did contract manufacturing and assembled electronic components in a communal office.

JIT’s exponential growth continued when it constructed its own facilities in Kallang and Changi, and took on a raft of outsourced business from original equipment manufacturers. The firm started manufacturing all of Motorola’s mobile phones globally, and was the largest worldwide contract manufacturer for Hewlett-Packard at its peak. After recording a revenue of SG$100,000 in its first year, it exceeded the SG$100 million landmark within just three years.

In 2000, Silicon Valley electronics manufacturer Flextronics made a deal to purchase JIT Holdings in a US$640 million stock swap. At the time, JIT had more than 5,000 employees on the payroll and over 1 million square feet of factory space in Singapore, Malaysia, Indonesia, China and Hungary, as well as a sales and marketing network in Asia-Pacific and the US.

Today, Goh is the co-founder and chairman of 2G Capital, a private investment firm that invests in listed and private non-listed companies in Asia Pacific. The Public Service Medal recipient is also a car enthusiast and a supporter of entrepreneurial studies.

Impacted Industries


Awards


1997

Rotary-ASME Entrepreneur of the Year 

1999

Businessman of the Year (Singapore Business Awards)  

2002

Public Service Medal 

Did You Know?


Underlining his dedication to promoting entrepreneurship, Goh made a personal donation of SG$2 million to establish the Tommie Goh Professorial Chair in Entrepreneurship and Business at Singapore Management University in 2000.

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