Better known for turning AEM around, Loke Wai San is doubling down on the tech manufacturing sector, which he believes is enjoying a renaissance amid the pandemic and trade war.

As an industry insider, Loke Wai San, who heads investment firm Novo Tellus Capital Partners, is close to the pulse of the tech manufacturing sector. Since 2019, he has spent at least $234 million in past and ongoing deals to acquire strategic stakes in various Singapore-listed tech manufacturing companies, each focusing on different parts of the wider technology and manufacturing ecosystem.

These companies included Grand Venture Technology, a manufacturing solutions and services provider; ISDN Holdings, which specialises in making motion control components; and Procurri Corporation, which buys, services and resells IT hardware. Novo Tellus also privatised Sunningdale Tech jointly with Koh Boon Hwee, the latter’s chairman.

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