Tiong Woon Corporation Holding Ltd, a Singapore-based heavy lift specialist, has announced the acquisition and advancement of projects in the semiconductor, public infrastructure, and biopharmaceutical sectors, with a combined value exceeding $40m. These projects are anticipated to be completed over the next two financial years, significantly impacting the company’s earnings per share and net tangible asset value for the financial year ending 30 June 2026.
The company’s Executive Director and CEO, Ang Guan Hwa, highlighted the firm’s commitment to delivering “safe, reliable and technically robust lifting solutions” across various sectors. TWC’s diversified fleet and project management expertise are pivotal in supporting complex, high-specification developments, reinforcing customer confidence in their technical capabilities.
TWC, listed on the Singapore Exchange since 1999, is renowned for its integrated heavy lift services, primarily supporting the oil and gas, petrochemical, infrastructure, and construction sectors. The company manages turnkey projects, from planning and designing heavy lifting requirements to execution, and operates its own heavy lifting equipment, tugboats, and barges. This operational model allows TWC to provide flexible and efficient services to its clients.
With a strong regional presence in 12 countries, TWC continues to uphold its reputation for delivering high-quality and safe services globally. The company is ranked 15th in the IC100 2025 survey, reflecting its significant industry standing.
