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Tiong Woon eyes Thailand expansion with Mammoet Asia strategic alliance

Bryan Wu
Bryan Wu • 2 min read
Tiong Woon eyes Thailand expansion with Mammoet Asia strategic alliance
Tiong Woon CEO Michael Ang. Photo: Albert Chua/The Edge Singapore
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Tiong Woon Corporation (SGX:BQM) has announced its plans to expand its footprint in Thailand through a strategic alliance with Mammoet Asia, from which Tiong Woon has also successfully acquired various assets.

The company says the strategic move will bolster its operations and market position in Thailand, enhance its ability to cater to the evolving needs of existing customers in the region and significantly broaden its service offerings to existing as well as new customers, particularly within the heavy lift and haulage market in Thailand.  

According to Tiong Woon, the collaboration will also place both itself and Mammoet in a stronger position to offer, tender, negotiate and provide best-in-class solutions in projects in Thailand.

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