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Tiong Seng

Company in the news

Tiong Seng sells Tuas Property for $10.5 mil after subsidiary moves out

The cost of acquisition of the Tuas Property by the Tiong Seng was $18,5 million, and is mortgaged as security for credit facilities, with $1.02 mil outstanding as at end Dec 2024.

June 18, 2025

Results

Tiong Seng reverses into earnings for FY2024 of $4.26 mil, but made a loss y-o-y for 2HFY2024

A resumption in construction work post-Covid-19 and cost management measures has driven the group’s turnaround.

February 28, 2025

Tiong Seng to raise $2 million via placement at 10 cents per share - THE EDGE SINGAPORE

Equity raising

Tiong Seng to raise $2 million via placement at 10 cents per share

The placement price of 10 cents is at a premium of 19.33%.

December 30, 2024

Results

Tiong Seng sinks into the red with loss of $44 mil in 1HFY2022

Plagued by rising costs, Tiong Seng has sunk into the red for 1HFY2022.

September 13, 2022

Tiong Seng secures $380 mil building contract - THE EDGE SINGAPORE

Contracts

Tiong Seng secures $380 mil building contract

Tiong Seng secures $380 mil building contract.

September 16, 2021

Management & Corporate Governance

Tritech, Tiong Seng executives charged with bribing former LTA official

Henry Foo allegedly received a total of $1.24 million in loans from the contractors between 2014 and 2019

July 24, 2020

Contracts

Tiong Seng wins $123.9 million worth of contracts

“Backed by our positive track record and portfolio of private residential projects, we are pleased to make headway early on in 2020 with back-to-back contract wins,” said Pek Lian Guan, CEO of Tiong Seng Holdings.

February 11, 2020

Tiong Seng awarded $48 mil contract for MOH polyclinic project

SINGAPORE (May 21): Tiong Seng Holdings, the construction group and property developer, has been contracted to construct a 10-storey polyclinic and long-term care facility building for the Ministry of Health (MOH) for $47.68 million.

May 21, 2018

Tiong Seng wins $98.3 mil PUB contract

SINGAPORE (June 10): Construction firm Tiong Seng has clinched a $98.3 million contract from the Public Utilities Board.

June 10, 2016

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