TA Corp

Sheng Siong says the proposed acquisition is in its “best interests”.

SINGAPORE (May 17): A joint venture (JV) company consisting of Keong Hong, Hock Lian Seng Holdings and TA Corp has been awarded a land parcel at Mattar Road at a tender price of $223 million.

SINGAPORE (Apr 10): CIMB likes TA Corp for being an established property and construction company with more than 40 years of local experience and an outstanding track record.

SINGAPORE (Nov 9): TA Corp, the property construction group, has reported a loss of $4.2 million for the third quarter ended Sept, a 57.6% improvement from its $10 mil loss posted in 3Q16, mainly due to lower impairment loss on investment properties.

SINGAPORE / HONG KONG (June 7): Singapore’s bond market has seen unprecedented defaults, and a slump in oil prices along with a weak property market are threatening to increase nonpayments this year.