Tiong Woon Corporation Holding Ltd. (BQM)

Overview

Tiong Woon Corporation Holding Ltd is an established investment holding company that plays a significant role in providing integrated services tailored for various heavy industries, including the oil and gas, petrochemical, infrastructure, and construction sectors. Since its founding in 1978, with its headquarters located in Singapore, the company has expanded its operational reach across diverse regions such as Brunei, the Middle East, India, Malaysia, Thailand, Indonesia, China, Bangladesh, Myanmar, the Philippines, Sri Lanka, and Vietnam. Operating through three principal segments - Heavy Lift and Haulage, Marine Transportation, and Trading, Tiong Woon Corporation Holding Ltd has developed a comprehensive suite of services designed to meet the complex needs of their clients. With a substantial fleet comprising 531 cranes and tower cranes, 280 haulage assets, 7 tugboats, and 8 barges as of June 30, 2022, the company stands as a formidable player in its industry.

Products and Services

• Heavy Lift and Haulage

  Offers specialized lifting and haulage services suited for the transport of heavy process equipment like modules and structures. The company deploys an array of equipment including prime movers, low beds, and self-propelled modular trailers to ensure safe and efficient transport.

• Marine Transportation

  Provides comprehensive tug and barge services tailored for various sea transportation projects, ensuring the safe and timely delivery of goods across extensive marine routes.

• Equipment Installation Services

  Specializes in the installation of equipment such as trays and structures, offering project engineering services for heavy lifting and haulage requirements, including maintenance, repair, wall tie installation, foundation anchor, and jacking up services.

• Leasing and Trading

  Engages in the leasing of heavy haulage equipment and the sale and rental of various models of tower cranes. The company's trading segment also encompasses the distribution of new and used crawler, mobile, and tower cranes, alongside selling, servicing, and leasing of equipment.

• Mechanical and Infrastructure Engineering Services

  Provides a wide range of services including mechanical and infrastructure engineering, structural work, freight forwarding, and logistics, catering to the bespoke needs of the construction, infrastructure, and heavy-duty sectors.