On the path of growth

POH Tiong Choon Logistics Limited ("PTC Logistics") was founded in 1950 as an owner-operator transport company and is now one of Singapore's largest homegrown logistics companies. PTC Logistics has been an ISO9000 certified logistics service provider since 1996 and is listed on the Mainboard of SGX since April 1999. The main business activities of PTC Logistics include transportation, third-party logistics provider and supply chain management.

Poh Choon Ann (group chairman and CEO) joined PTC Logistics in 1964 when he was 28 years old. The nature of the business changes with the transformation in the economic focus of the country. Having ridden the industrialisation wave of early Singapore and the rapid growth of its logistics sector, the company now expects to achieve steady growth amid the now mature sector, says Mr Poh.

It is exploring ways to grow its core businesses. "We were very lucky that we could ride the country's developmental phase," Mr Poh says. "The Asia Pacific Entrepreneurship Award is timely as we celebrate Singapore's 50 years of independence this year. While PTC Logistics can be said to have contributed to Singapore's growth, the other side of the coin is true - we have had the good fortune of growing in tandem with Singapore."