- CEO
- Guan Hwa Ang
- Full Time Employees
- 1,340
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- No. 15 Pandan Crescent Singapore SE Singapore 128470
- IPO Date
- Sep 17, 1999
- Business
- Tiong Woon Corporation Holding Ltd functions as an investment holding entity, delivering comprehensive specialized services to critical sectors such like oil and gas, petrochemical, infrastructure, and construction. The company's operations are divided across three primary segments: Heavy Lift and Haulage, Marine Transportation, and Trading. Within its Heavy Lift and Haulage division, the group provides an extensive array of offerings including heavy lifting, complex haulage, and inland transportation solutions. This encompasses the utilization of diverse crane types such as mobile, crawler, rough terrain, and tower cranes, alongside heavy haulage equipment like prime movers, low beds, self-propelled modular trailers, and various specialized trailers for transporting large process equipment and structures. Their service scope further extends to equipment installation and sophisticated project engineering for complex lifting and hauling requirements. The Marine Transportation segment is dedicated to providing essential tug and barge services for a wide spectrum of sea transportation projects. Meanwhile, the Trading segment focuses on the distribution and commerce of both new and used heavy equipment, including a range of cranes, coupled with robust after-sales support and parts supply. Complementing these core activities, Tiong Woon also offers mechanical and infrastructure engineering, structural work, freight forwarding, and comprehensive logistics services. As a leading integrated heavy lift specialist provider with over 45 years of experience, the company is recognized as the 15th largest crane operator globally as per the IC100 2025 survey. Its strategic emphasis includes continuous fleet renewal and expansion, notably acquiring advanced mobile and crawler cranes to boost capacity and efficiency, and forging partnerships to strengthen market presence. For the fiscal year ended June 30, 2025, the company reported a revenue increase of 14% to $163.5 million, with net profit attributable to equity holders rising by 6% to $19.2 million. The Heavy Lift and Haulage segment remains the primary revenue driver, particularly through project engagements in Singapore, the Middle East, India, and Malaysia. Headquartered in Singapore, the group maintains a significant operational footprint across thirteen countries, including Brunei, the Middle East, India, Malaysia, Thailand, Indonesia, China, Bangladesh, Myanmar, the Philippines, Sri Lanka, and Vietnam. Tiong Woon Corporation Holding Ltd was established in 1978.