TA Corporation

Company in the news

Lack of payment from Tiong Aik to negatively impact King Wan’s FY2024 earnings

Tiong Aik is said to owe King Wan around $3.2 million in payment.

Company in the news

TA Corporation requests for voluntary trading suspension

Tiong Aik Construction (TA Construction), a wholly-owned subsidiary of TA Corp, has been placed under provisional liquidation.

Property

TA Corporation to dispose of 12 On Shan for $86.5 mil

The group says it is expected to net a loss of $8.6 million on the proposed disposal.
TA Corporation to sell Leonie Hill Residences unit for $4.93 mil - THE EDGE SINGAPORE

Property

TA Corporation to sell Leonie Hill Residences unit for $4.93 mil

The proposed disposal will see a loss of $0.3 million upon completion.

Broker's Calls

TA Corp expected to return to profitability in 2019: Tayrona

SINGAPORE (Oct 3): Tayrona Financial is rating TA Corporation “overweight” with a high-average return and low-average risk classification, along with a fair value estimation of 35 cents.

TA Corp enters into JV with Synergy Resources to distribute Suzuki automobiles in Myanmar

SINGAPORE (Sept 8): TA Corporation announced that its wholly-owned subsidiary, Sino Holdings, has entered into a joint venture (JV) with Synergy Resources Group to distribute Suzuki automobiles and spare parts in Myanmar.

Results

TA Corp swings into 1Q losses of $1.7 mil on lower revenue

SINGAPORE (May 8): TA Corporation, the property and construction group, recorded a loss of $1.69 million in 1Q18 compared to earnings of $1.65 million in 1Q17.

Results

TA Corp sinks into the red, posts 4Q losses of $4.28 mil

SINGAPORE (Feb 28): TA Corporation, the property and construction group, has recorded losses of $4.28 million in 4Q17, compared to earnings of $3.16 million in 4Q16.

TA Corp's subsidiary wins $180 mil JTC contract

SINGAPORE (Dec 12): TA Corporation's wholly-owned subsidiary, Tiong Aik Construction, has won the main contract worth $180 million by JTC Corporation for a building development project.

Results

TA Corp sinks into the red in 1H with $10.9 mil loss

SINGAPORE (Aug 10): Property construction group TA Corporation has reported a loss of $10.9 million for the half year ended June, compared to its earnings of $0.2 million in 1H16.
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