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Tiong Seng Holdings
Results
Tiong Seng wins contract to build second primary school from MOE worth $53.9 mil
SINGAPORE (May 10): Tiong Seng announced that its wholly-owned subsidiary, Tiong Seng Contractors, has been awarded a contract of about $53.9 million from the Ministry of Education of Singapore (MOE) for the proposed erection of new primary school along P
May 10, 2018
Tiong Seng wins $49.9 mil contract to build new primary school in Punggol
SINGAPORE (May 3): Construction group and property developer Tiong Seng Holdings has won a $49.9 million contract from the Ministry of Education (MOE) to construct a new primary school at Punggol Way.
May 03, 2018
Broker's Calls
Tiong Seng ready to build on advantage as early adopter of prefab technology
SINGAPORE (Apr 10): CIMB Research believes property developer and construction group Tiong Seng Holdings could see improving profitability from its construction business on the back of its early adoption of prefab technology.
April 10, 2018
Results
Tiong Seng's FY17 earnings double to $30.9 mil on higher construction margins
SINGAPORE (Feb 23): Property developer and construction group Tiong Seng Holdings saw its earnings double to $30.9 million for the FY17 ended December from $15.3 million in FY16.
February 23, 2018
Results
Tiong Seng's 9M earnings up 94% to $19.6 mil
SINGAPORE (Nov 10): Tiong Seng, the construction group and property developer, announced that 9M earnings increased 94% to $19.6 million compared to $10.1 million in 9M16.
November 10, 2017
M&A
Ocean Sky, Tiong Seng jointly acquire Sloane Court hotel and sites at Balmoral Road for $80.5 mil
SINGAPORE (Aug 28): Ocean Sky International and Tiong Seng is jointly acquiring Sloane Court Hotel at 17 Balmoral Road and certain sites at Balmoral Road for $80.5 million.
August 28, 2017
Selling Yongnam after stock makes substantial gains
(Aug 7): There are early signs that a recovery in the local construction sector is underway. Quite a few construction and engineering companies have announced new contracts, and some are even reporting better numbers.
August 04, 2017
Results
Tiong Seng earnings surge 74% to $14.3 mil in first half
SINGAPORE (Aug 1): Construction and civil engineering firm Tiong Seng Holdings posted earnings of $14.3 million for the 1H17 ended June, from $8.2 million a year ago.
August 01, 2017
Property
Tiong Seng Holdings to acquire two residential sites at Jervois Road for $21 mil
SINGAPORE (July 17): Mainboard-listed construction group Tiong Seng Holdings is acquiring two residential freehold sites along Jervois Road for total consideration of $21 million via a joint venture.
July 17, 2017
Results
Tiong Seng 1Q earnings up 9% to $4.1 mil
SINGAPORE (May 11): Tiong Seng Holdings posted a 9.4% increase in earnings to $4.1 million in the first quarter ended March, from $3.7 million a year ago.
May 11, 2017