The first company to list on the Singapore Exchange this year, automotive group Vin’s Holdings is moving into the fast lane with a digitalisation drive and expansion plans. Second-generation leader, chief executive officer Galvin Khong, elaborates in this week’s kopi-C.
For automotive group Vin’s Holdings, being the first business to list on the Singapore Exchange this year is a stepping stone to greater things. “After we achieved robust growth from 2021 to 2023, we discussed how to continue it, and decided that having this public platform will boost our visibility and fuel further growth,” says chief executive officer Galvin Khong. Notably, Vin’s Holdings went from generating S$75m in revenue in 2021 to just over S$106m in revenue in 2023.
Since Khong’s father founded the firm in Singapore in 1987 as a motor vehicle workshop, it has diversified into a one-stop automotive solutions provider. It not only sells cars but also offers after-sales servicing and maintenance, and even insurance claims processing...