While the contract value was not disclosed, Tiong Woon expects the project to contribute positively to the revenue of the subsidiary for FY2024 and FY2025.
Tiong Woon Project and Contracting, a wholly-owned subsidiary of Tiong Woon Corporation (SGX:BQM
) , has been awarded a contract by Sinohydro Corporation’s Singapore Branch for the provision of crane services for an upcoming project.
The contract will commence in the second half of FY2024 ending June 30 and is scheduled to be completed in December.
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