Tiong Woon Corporation Secures Over \$40 Million in New Projects Across Growth Sectors

Key Highlights

• Tiong Woon Corporation Holding Ltd (TWC) announced the execution of three significant projects across the semiconductor, public infrastructure, and biopharmaceutical sectors, with a combined value exceeding \$40 million.
• These projects are expected to be completed over the next two financial years, reflecting strong customer confidence in TWC’s expertise and diversified fleet.
• The company anticipates a positive financial impact on both earnings per share (EPS) and net tangible asset value per share (NTA) for the current financial year ending 30 June 2026.
• TWC’s leadership highlights the company’s ability to deliver technically robust and reliable lifting solutions for complex, high-specification projects.

Details of the Announcement

Tiong Woon Corporation Holding Ltd, a leading SGX Mainboard-listed integrated heavy lift specialist, has secured and is advancing three major projects spanning the fast-growing semiconductor, public infrastructure, and biopharmaceutical sectors. The combined contract value for these projects is estimated to be over \$40 million, with execution timelines stretching over the next two financial years.

These wins underscore TWC’s reputation for technical excellence and its ability to manage and deliver complex projects requiring advanced lifting and project management capabilities. The company’s diversified lifting fleet and disciplined execution were cited as key factors in winning these contracts, which are expected to contribute positively to both earnings and asset values in the near term.

Potential Impact on Shareholders

• Financial Impact: The new project wins are expected to boost earnings per share (EPS) and net tangible asset value per share (NTA) for FY2026, potentially making the stock more attractive to investors seeking both growth and value.
• Sector Diversification: The projects span high-demand sectors (semiconductor, public infrastructure, biopharmaceutical), which may help insulate TWC from sector-specific downturns and provide more stable revenue streams.
• Order Book Visibility: With project timelines covering the next two financial years, TWC’s revenue visibility improves, which could translate into stronger investor confidence and potential share price appreciation.
• Leadership Commentary: CEO Mr. Ang Guan Hwa emphasized the company’s ongoing commitment to safe, reliable, and technically sophisticated solutions, further reinforcing TWC’s industry positioning and future growth prospects.
• No Related Party Transactions: The announcement clarified that no directors, controlling shareholders, or substantial shareholders have any direct or indirect interest in these projects, ensuring transparency and good governance.

Company Overview

Tiong Woon Corporation has a 45-year track record as an integrated heavy lift specialist, servicing primarily the oil & gas, petrochemical, infrastructure, and construction sectors. Listed on the SGX Mainboard since 1999, TWC manages turnkey projects for EPC contractors and project owners, from planning and designing to execution. The company owns and operates its own fleet of heavy lifting and haulage equipment, tugboats, and barges, ensuring flexibility and efficiency in service delivery.

Headquartered in Singapore with a presence in twelve countries, TWC is ranked 15th in the IC100 2025 survey, reflecting its strong position in the global heavy lift sector.

Investor Takeaway

The announcement of these new project wins is potentially price-sensitive information, as it signals robust demand for TWC’s services, improved revenue visibility, and anticipated earnings growth. The sectoral diversification and size of the contracts may also lead to increased investor interest and share price momentum, particularly as the company has highlighted the direct positive impact on EPS and NTA for FY2026.

Investors should monitor TWC’s upcoming quarterly results for further project execution updates and the translation of these contracts into financial performance.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research and consult with their financial advisors before making any investment decisions.

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