(1 August 2024, Singapore) Templewater, an alternative asset management firm focused on value-oriented investments, is pleased to announce a leadership change at its portfolio company, Knight Auto Precision Engineering (“Knight Auto”). Effective 1 August 2024, Mr. Fatt Chye Low will assume the role of Chief Executive Officer, succeeding Mr. James Boo, who will transition to a Senior Advisor to Templewater after founding and leading Knight Auto for over 30 years.
Mr. Low, bringing over 27 years of extensive experience in the semiconductor industry, previously served as the General Manager at United Test and Assembly Center Ltd (UTAC), where he managed significant operations in Singapore. His seasoned leadership and deep industry insights are expected to continue to drive future growth and innovation at Knight Auto.
Mr. Boo, the outgoing CEO, shared his enthusiasm about Mr. Low's appointment, "We are thrilled to have Fatt Chye join Knight Auto. His industry expertise and leadership capabilities are critical for our next growth phase. I am confident in his ability to lead Knight Auto and excited to support him during the transition."
Mr. Low expressed his vision for the company, stating, "I am honored to lead Knight Auto and build on the solid foundation laid by James. I look forward to leveraging the transformative power of innovation and collaboration to steer Knight Auto towards greater achievements."
Templewater and Knight Auto extend profound gratitude to Mr. James Boo for his visionary leadership and dedication, which have been instrumental in establishing Knight Auto as a leader in the semiconductor assembly and testing industry. The company remains committed to continuing his legacy of quality and excellence.
We are excited about the opportunities that Mr. Low will bring to Knight Auto and are confident in his capabilities to propel the company to new heights. Please join us in welcoming Mr. Low in his new role and extending our heartfelt appreciation to Mr. Boo for his remarkable contributions to making Knight Auto what it is today.
About Knight Auto Precision Engineering
Founded in 1992, Knight Auto Precision Engineering (“Knight Auto”) is a leading component manufacturer for backend IC chip assembly and testing. The company serves leading Integrated Device Manufacturers (IDMs) and Outsourced Semiconductor Assembly and Test Suppliers (OSATs) globally and has manufacturing facilities in Singapore, China, Malaysia, and the Philippines.
To learn more about Knight Auto, please visit www.knightap.com
About Mr. Fatt Chye Low
Mr. Low is an experienced business leader and brings a wealth of semiconductor industry experience. He previously served as the General Manager of United Test and Assembly Center Ltd (UTAC), where he oversaw operations in Singapore. Prior to his career at UTAC, Mr. Low held positions at Micron Semiconductor Asia and Texas Instruments. He holds a Bachelor of Engineering (Hons) Electronic and Electrical Engineering (First Class) from the University of Leeds (United Kingdom).
About Templewater Group
Founded in 2018, the Templewater Group (“Templewater”) is an alternative asset management firm headquartered in Hong Kong. Templewater provides investment solutions to institutions, entrepreneurs, and family offices across various asset classes including private equity, impact investing, and real estate.
Templewater’s private equity strategy focuses on mid-market control buyout opportunities in the Asia Pacific. With global direct investments and buyout experience across sectors, Templewater actively partners with management teams to implement value creation tools and best practices, helping portfolio companies achieve their full potential. The firm currently manages capital on behalf of leading institutional investors.
To learn more about Templewater, please visit www.templewater.com
For Media Inquiries:
Bernice Boo
President, Knight Auto Precision Engineering
bernice@knightap.com
Jason Li
Investor Relations, Templewater
ir@templewater.com
+852 3187 5000
