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Loss-making in FY17 and facing a tough dorm market but CIMB still likes TA Corp

PC Lee
PC Lee4/10/2018 04:00 PM GMT+08  • 2 min read
Loss-making in FY17 and facing a tough dorm market but CIMB still likes TA Corp
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.
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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.

TA Corp undertakes the local construction business via its subsidiary, Tiong Aik Construction. The group also provides workers’ training and dorms locally and across the region.

In an April 9 unrated report, analyst William Tng says the group has built a solid reputation as a reliable contractor with the ability to undertake a wide spectrum of projects for both public and private sector clients.

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