SGSME logo
SUBSCRIBERS

Electrical engineering firm Busways goes into EV charging – and gears up for IPO

The company is also diversifying into development and construction of landed property

Paige Lim
Published Wed, Sep 3, 2025 · 09:00 AM
    • Busways chief executive officer Martin Toh (left) with founder and chairman Sunny Chong.
    • Busways chief executive officer Martin Toh (left) with founder and chairman Sunny Chong. PHOTO: TAY CHU YI, BT

    ONCE focused on electrifying buildings, engineering company Busways now charges vehicles too – and is preparing for an initial public offering (IPO).

    The electrical and mechanical engineering provider has diversified into electric vehicle (EV) charging solutions in line with Singapore’s push for greener transport.

    “There is a need for the company to stay competitive, as we see a growing demand for electric vehicles and charging infrastructure in Singapore,” founder and chairman Sunny Chong told The Business Times.

    Copyright SPH Media. All rights reserved.