Tiong Woon gets a lift from CIMB

SINGAPORE (Mar 8): CIMB likes integrated heavy lift specialist Tiong Woon Corp for its proven track record of more than 35 years.

This comes after the group recently announced it had reversed out of the red in 2Q18 following three consecutive quarters of losses with earnings of $0.52 million although revenue fell 10% on-year due to weakness across all business segments.