About Us - History & Milestones
The Think One story is an amazing tale of entrepreneurship and achieving one’s dreams through hard work and dedication. The founding member of Think One, Mr Neo Tiam Ting, started the business from humble beginnings in 1992 as a single-man outfit to grow the company into a major player in the commercial vehicle industry with an annual turnover exceeding S$100 million.
When Mr Neo first started the business, he did not have a company or even a proper sales and purchase agreement. All he had was his passion for cars and his determination. The business started with single sales of cars, and rapidly expanded as Mr Neo’s reputation for honesty and efficiency reached far and wide.
Within a mere of 3 years, he expanded to a company with 8 employees and an office at Upper Changi Road East. Mr Neo’s far-sightedness and his famous “Never say Die” attitude has helped the business expand to more than 50 employees and Think One is now widely regarded as one of the market leaders in commercial vehicles dealership in the local and export market.
A brief chronology of Think One’s remarkable growth and achievement can be seen below:
| 1992 | Mr Neo started the business on his own, without any company or even a proper sales and purchase agreement. Armed simply with his passion for cars. |
| 1996 | Mr Neo began trading as Ting Motor in Bedok North near Red Swastika School |
| 1997 | Think One Motor Trading’s 1st place of business at Upper Changi Road East with 8 staff |
| 1997 | Open our branch at Geylang Lorong 36 |
| 1998 | Open another branch at Kaki Bukit Car Mart |
| 2001 | Began to provide our valued customers with integrated “under one roof” services to serve them better. We became the licensed agents for the major insurance companies such as NTUC Income, AXA, Mayban Assurance, just to name a few. Besides these insurance companies, we also offer quotations from many major insurance companies to ensure that our customers get the most competitive insurance premiums rates. |
| 2002 | We open another branch at Turf Club Auto Emporium. Our total sales reached an impressive 3,000 units of vehicles annually! |
| July 2003 | Our founder, Mr Neo, was elected as the Assistant Publicity Officer of Singapore Vehicle Traders’ Association |
| 2003 | We expanded our business to exporting vehicles. We exported vehicles to more than 10 Countries including Asia, Europe and America. We achieved a sales of more than 1,000 units for this first year alone |
| 2003 | We expanded further to open a branch at Jln Burouh Export Processing Zone (EPZ) with more than 1,000 units of vehicles ready for export |
| 2004 | As a token of appreciation to our staff, we had our very first company trip to Genting for the entire staff. The company trip was a good start to foster strong teamwork and camaraderie |
| June 2005 | Think One Automobile & Trading Pte Ltd was incorporated and achieved a sales turnover of S$4 million! This does not even take in to account of the vehicles trading under Think One Motor Trading and the vehicles under export |
| 2005 | As a show of our commitment to our staff and to upgrade their skills so that we can serve our customers better, we sent all our staff to undergo months of training conducted by the School of Management Institute |
| 2005 | Our successful export business grew even further. We exported more than 4,000 units annually |
| July 2005 | Our Director, Mr Neo, was elected as the Assistant Treasurer of Singapore Vehicle Traders’ Association |
| Jan 2005 | We incorporated Think One Credit Pte Ltd. For the first year of financing alone, our revenue reached S$200,000.00 |
| June 2006 | A milestone for Think One Automobile & Trading Pte Ltd as we crossed the sales turnover of S$40 million |
| Jan 2006 | Barely one year after the company was incorporated, Think One Credit Pte Ltd’s revenue skyrocketed to over S$800,000.00 |
| 2006 | Mr Neo was elected a Committee Member in Hire Purchase Finance And Leasing Association of Singapore |
| July 2007 | Mr Neo was elected again in the Singapore Vehicle Traders’ Association. He held the position of Honorary Treasurer |
| 2007 | Within 2 years, Think One Credit Pte Ltd’s revenue grew to over S$1.5 million |
| June 2008 | Think One Automobile & Trading Pte Ltd’s sales turnover exceeded S$100 million. This translates to a growth of about 400% over the past three years. Congratulations! |
| 2008 | Mr Neo was elected as the Assistant Recreation Officer of the Hire Purchase Finance And Leasing Association of Singapore |
| May 2008 | A sweet year to remember as we think is time again to rewards all our staff and there what we did a incentive for all staff to the peal of Asia HK and this five days tours bring all of us to a better understanding of each other and hence a better team work |
| 2008 | Another milestone for Think One Credit Pte Ltd as its revenue exceeded S$2.2 million. The company has seen an astounding 1,100% growth over the pass three years. Indeed, an admirable achievement |
| Nov 2008 | To serve our customers better, we moved to larger premises at 25 Lorong 8 Toa Payoh Singapore 319263 |