Tat Hong Holdings (Tat Hong)

Company in the news

Intraco disposes of 40% stake in Tat Hong Intraco for US$0.8 mil in IPT

The stake amounts to two million ordinary shares in Tat Hong Intraco, a JVCo between Intraco and Tat Hong Holdings.

Results

Tat Hong FY18 losses narrow to $15.9 mil from a year ago

SINGAPORE (May 30): Tat Hong, one of the largest crane rental company in the Asia Pacific region which is in the process of being privatised by controlling shareholder Roland Ng, reported 4Q losses narrowed 81% to $5.6 million from a year ago.

M&A

Tat Hong MD Roland Ng raises offer price to 55 cents from 50 cents

SINGAPORE (Apr 26): THSC Investments has upped its offer price for Tat Hong by 5 cents to 55 cents in cash from 50 cents initially.

M&A

MD Ng proceeds with offer to privatise Tat Hong after meeting pre-conditions

SINGAPORE (Mar 9): With all the pre-conditions in its Jan 11 offer satisfied, Roland Ng, managing director of Tat Hong, is going ahead with his plans to privatise the crawler crane rental company.

M&A

StanChart unit offers to buy stake in Tat Hong for 50 cts/share

SINGAPORE (Nov 10): Standard Chartered’s loss-making private equity unit is planning an investment in a Singaporean crane firm, signalling it’s still open to deals even as the business shrinks.
Tat Hong Holdings

Broker's Calls

Tat Hong kept at ‘hold’ by OCBC with 50 cents fair value as talks continue

SINGAPORE (June 20): OCBC has a hold view with a 50 cents fair value estimate on Tat Hong Holdings, noting that the company hasn’t provided much details about the talks since its initial announcement in March and there’s no certainty that a transactio
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