
OUR HERITAGE
It all started with two brothers, our current Chairman Mr Neo Nam Heng and Managing Director Mr Neo Lam Pang. Together, they started an innovative company built on strong foundations to deliver tremendous potential.
Our First Company
Cheng Yong Credit Enterprise was born.

1978
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Pioneer in parallel importing of vehicles
Cheng Yong was amongst the first to successfully parallel import a Mercedes-Benz that broke the monopoly held by authorized dealers.
1993
First to propose an export processing zone
The introduction of the Export Processing Zone (EPZ) attracted people from all over the world to shop here for cars of good value and allowed billions to be circulated back to the country.
2002
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First to introduce an environment-friendly taxi fleet
Prime's green fleet of taxis not only provided greater comfort and fuel efficiency but was also a big step for the transport sector towards environmental sustainability.
Awarded top entrepreneur of the year
A prestigious award by Association of Small and Medium Enterprises, Prime Group was one of the top entrepreneurs and also the winner of the Subcategory Award for Innovation. The award recognizes Prime for the significant contribution in the industry, paving the road for best practices and providing creative solutions.

2007
Prime Group established a key partnership
with Shell to market fuel cards to small and medium enterprises
2012
Entered into the private-hire vehicle business
to provide a competitive option for drivers.
2014
Continual business diversification
Best electricity was established to offer attractive packages that enable corporate and residential customers lower electricity costs.
2015

Current
Prime Group has also successfully diversified the business into technology services and more.
2021
CONTACT US
Main Branch
5 Benoi Place
Singapore 629926
​
Tel: 6872 3113
Operating Hours
Mondays - Sundays, 10am - 7pm
Ubi Branch
61 Ubi Avenue 2, #02-02 to #02-05
Automobile Megamart
Singapore 408898
Tel: 6444 0088
Operating Hours
Mondays - Sundays, 10am - 7pm