0.84
-2.33%
Close of 6 Nov 2026, in SGD
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About Tiong Woon Corporation Holding
Its shares trade on SGX under the ticker BQM.SI. It has been listed since 17 September 1999. In the fiscal year to 30 June 2026, it reported revenue of SGD 187.7m and net income of SGD 23.9m. At that date it held total assets of SGD 569.0m and shareholders' equity of SGD 341.6m.
Tiong Woon Corp. Holding Ltd. is an investment company, which engages in the sale and rental of cranes and and transport, mechanical, infrastructure and industrial plant, engineering services and structural works; management of marine and industrial plant project; marine transportation; up-slipping/ launching of ship; and process and industrial plant engineering works for the marine and oil and gas industries. The company employs 448 full-time employees The firm's segments include Heavy Lift & Haulage, Marine Transportation, Engineering Services and Trading. Its Heavy Lift & Haulage segment provides solutions for its clients in the oil and gas, petrochemical, infrastructure and construction sectors, and offers a range of services that specialize in Marine Transportation and Inland Transportation, among others. Its Marine Transportation segment specializes in the provision of tug and barge services for a range of sea transportation projects. Its Engineering Services segment is engaged in heavy lift and haulage business. Its Trading segment is engaged in equipment supply business. The company distributes new and used equipment, such as crawler cranes, mobile cranes (including truck, all terrain and rough terrain cranes) and tower cranes. The company has presence in Singapore, the Middle East, India, Malaysia, Thailand, Indonesia, China and Other countries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Commercial Services & Supplies
- Listed since
- 17 Sept 1999
- Employees
- 448
- Website
- tiongwoon.com ↗
Leadership
Pay as last reported
- Mr. Kah Hong AngExecutive Chairman of the Board
- Mr. Guan Hwa AngChief Executive Officer, Executive Director, since 2010
- Mr. Kwang Hwee TanGroup Chief Financial Officer
- Ms. Siew Chien AngGroup Chief People Officer
- Mr. Kim Song LeeGeneral Manager - Tiong Woon Marine Pte Ltd
- Mr. Tien Pow LowRegional General Manager - Tiong Woon Crane & Transport (Pte) Ltd
- Mr. Boon Chang AngExecutive Director, since 2021
- Mr. Kha King AngExecutive Director, since 1997
- Ms. Hwee Chien AngFinance Manager
- Ms. Li Fern AngSenior Logistics Manager
- Mr. Chang Yeow QuekManaging Director - Tower Cranes Services Pte. Ltd
- Ms. Lan Sim LimCompany Secretary
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Diverse Portfolio: Tiong Woon Corporation Holding Ltd enjoys a diverse portfolio of services, including heavy lift and installation, engineering solutions, marine transportation, and trading of equipment. This range of expertise provides the company with a competitive edge in the market.
- Strong Market Presence: With a history spanning several decades, Tiong Woon has established a strong market presence both locally and internationally. This enables the company to attract a wide range of customers and secure lucrative contracts.
- Technological Advancement: Tiong Woon continually invests in technology upgrades and innovation, allowing the company to improve operational efficiency and deliver high-quality services to its clients. This emphasis on technological advancement enhances the company's overall competitiveness.
- Experienced Workforce: The company boasts a talented team of professionals with extensive industry experience. Skilled employees enable Tiong Woon to undertake complex projects and deliver exceptional results, strengthening its reputation in the industry.
Weaknesses
- Dependence on Economic Conditions: Tiong Woon's performance is influenced by economic conditions, as demand for its services can fluctuate. During downturns, the company may experience reduced project opportunities and lower revenue streams.
- Limited Geographic Presence: Despite its international operations, Tiong Woon's geographic presence is relatively limited compared to some competitors. This could restrict the company's growth potential in certain markets.
- Reliance on Key Clients: Tiong Woon has a significant reliance on a few key clients for a substantial portion of its revenue. This dependence exposes the company to potential risks if these clients reduce their project pipelines or choose to work with competitors.
Opportunities
- Infrastructure Development: Increasing infrastructure development globally presents an opportunity for Tiong Woon to secure new contracts and expand its business. The company's expertise in heavy lift and installation positions it well to benefit from such projects.
- Green Energy Transition: As the world shifts towards renewable energy sources, Tiong Woon can capitalize on this trend by providing specialized services for the installation and maintenance of renewable energy infrastructure, such as wind turbines and solar panels.
- Emerging Markets: Tiong Woon can explore untapped markets and expand its operations into emerging economies, where infrastructure development is booming. This would diversify the company's revenue streams and reduce its dependence on existing markets.
Threats
- Intense Competition: The heavy lift and installation industry faces intense competition, with multiple players vying for contracts. Tiong Woon must continuously innovate and differentiate itself to stay ahead of competitors.
- Volatile Oil and Gas Industry: Tiong Woon's business is exposed to the cyclical nature of the oil and gas industry, which can impact project demand and pricing. Fluctuations in oil prices, geopolitical tensions, and environmental concerns are some of the factors influencing this volatility.
- Regulatory and Compliance Risks: Compliance with various regulations and permits is crucial for Tiong Woon's operations. Changes in regulations, permit delays, or non-compliance issues could impede the company's ability to undertake projects and result in financial penalties.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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