Last Price Today's Change   Day's Range   Trading Volume
0.505   -0.02 (3.81%)  0.495 - 0.53  483


Avg Volume (4 weeks):0
52 Weeks Range:0.28 - 0.53
52 Weeks Price Volatility (%):
Average Price Target:-


Date Subject
06-Jan-2020 Tiong Woon Corporation - Heavy Lifting Specialist

Business Background

Tiong Woon Corporation Holding Ltd, an investment holding company, provides integrated services for the oil and gas, petrochemical, infrastructure, and construction sectors. The company operates through four segments: Heavy Lift and Haulage, Marine Transportation, Engineering Services, and Trading. It offers heavy lift and haulage, marine transportation, and inland transportation services; equipment installation services for trays and structures; project engineering services for heavy lifting and haulage requirements; maintenance and repair services; and wall tie installation, foundation anchor, and jacking up services. The company also leases prime movers, low beds, self-propelled modular trailers, tow trucks, and trailers; supplies various models of tower cranes for sale and rent; and refurbishes, delivers, maintains, jack downs, dismantles, and erects tower cranes. In addition, it provides tug and barge services for sea transportation projects; and trades in crawler, mobile, and tower cranes. Further, the company sells and hires cranes and transport; manages marine and industrial plant projects; sells, services, and leases equipment for the petroleum, construction, shipbuilding, and related industries; and repairs and up-slips/launches of ships. Additionally, it is involved in the provision of process and industrial plant engineering works for the marine, and oil and gas industries; mechanical infrastructure engineering, freight forwarding, and logistics related services; and structural works, as well as in renovation, dredging, and marine related and construction activities. As of June 30, 2017, the company had a fleet of 507 cranes and 278 haulage assets; and 5 tugboats and 10 barges. It operates in Singapore, the Middle East, India, Malaysia, Thailand, Indonesia, and China, as well as in Myanmar, the Philippines, Sri Lanka, Vietnam, and Laos. Tiong Woon Corporation Holding Ltd was founded in 1978 and is headquartered in Singapore.

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