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Zicom Group Chairman wins Ernst & Young Entrepreneur of the Year

Industrial Products


Date: 30 Nov 2008

 

Chairman Mr Sim Giok Lak won the entrepreneur award where finalists were judged on entrepreneurial spirit, innovation, personal integrity and influence, financial performance, strategic direction, and national and global impact.

Mr Sim founded Zicom in 1978 and led its growth into a holding company with subsidiaries in Australia, Singapore, Indonesia, Thailand and China.

Starting out as a manufacturer of marine deck machinery, Zicom is now a leading manufacturer of machinery for the offshore marine, oil and gas, construction, semi-conductor and bio-medical industries.

The Singapore-headquartered company generates more than S$120m annual revenue and has a total workforce exceeding 400. It is also listed with the Australian Stock Exchange.

Mr Sim qualified as an accountant and is a Fellow member of the Australian and Singapore CPAs. He was one of the sub-committee members of SME21.

The Ernst & Young Entrepreneur of The Year Awards was first launched by E&Y in the US in 1986 to celebrate entrepreneurs whose ingenuity and can-do spirit resulted in successful business ventures. In Singapore, it was launched in 2002.