Tiong Seng Holdings

Tiong Seng appoints former MP Teo Ho Pin as new independent board director - THE EDGE SINGAPORE

Company in the news

Tiong Seng appoints former MP Teo Ho Pin as new independent board director

Mainboard-listed construction group and property developer Tiong Seng Holdings has appointed former member of parliament (MP) Teo Ho Pin as an independent board director of the company on Oct 12.

Results

Tiong Seng Holdings reports losses of $9.2 mil for 1H20

Mainboard-listed construction and civil engineering company Tiong Seng Holdings has reported a loss of $9.2 million for the 1H20 ended June.

Construction

Tiong Seng expects net loss for 1H20 due to lockdowns; Bribery case still ongoing

Construction and civil engineering company Tiong Seng Holdings has announced that the company expects a net loss for its upcoming 1H20 results, which will be announced on Aug 14. 

Company in the news

Tiong Seng executives charged in court, denies bribery allegations

Tiong Seng Holdings announced that its CEO and executive director Pek Lian Guan and the director of Tiong Seng Contractors Pay Teow Heng were charged in court on July 24, 2020.

Contracts

Tiong Seng's new $228 mil private residential contract lifts order book to $1.2 bil

SINGAPORE (Mar 23): Mainboard-listed construction group and property developer Tiong Seng Holdings has secured a contract worth $227.5 million to construct a private residential development on Tan

Company in the news

Tiong Seng carves out new engineering solutions unit; reorganises management structure

SINGAPORE (Dec 10): Following a strategic review of its various businesses, Tiong Seng Holdings says it will carve out a new engineering solutions arm and reorganise its management structure.

Markets

Fed cuts rate, but neutral stance disappoints markets; oil prices ease with assurance of supply

SINGAPORE (Sept 23): On Sept 18, the US Federal Reserve lowered interest rates for the second time this year by 25 basis points to between 1.75% and 2%.

Management & Corporate Governance

Tiong Seng CEO Pek Lian Guan under CPIB probe

SINGAPORE (Sept 16): Pek Lian Guan, the CEO and executive director of Tiong Seng Holdings, is being probed by the Corrupt Practices Investigation Bureau in connection with certain staff loan transa

Contracts

Tiong Seng awarded $287 mil contract by JTC

SINGAPORE (Sept 9): Tiong Seng Holdings' wholly-owned subsidiary, Tiong Seng Contractors, has won a contract from JTC Corporation worth $287 million.

M&A

Tiong Seng secures $130.5 mil contract to build hotel using PPVC method

SINGAPORE (Aug 27): Tiong Seng Holdings, the construction group and property developer, has been awarded a construction contract worth $130.5 million by Midtown Development, a company that is part

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