Tiong Woon Corporation Holding Ltd

Tiong Woon Corporation Holding Ltd is a renowned integrated heavy lift specialist and service provider, established in 1978 and publicly listed on the Singapore Exchange Securities Trading Limited ("SGX-ST"​) Mainboard since 1999. The company is a key support to the oil and gas, petrochemical, infrastructure, and construction sectors, with a strong focus on heavy lifting and haulage services. Notably, the Group possesses its own heavy lifting and haulage equipment, tugboats, and barges, enhancing its integrated services. With its headquarters in Singapore, Tiong Woon has a solid regional presence across various countries in Southeast Asia, the Middle East, and India. The company's impressive rankings include being identified as the 18th largest crane-owning company globally in the IC50 2018 survey by International Cranes and Specialised Transport. Additionally, Tiong Woon has secured significant appointments as the sole distributor for IHI crawler cranes in ASEAN countries (except Indonesia), authorized dealer for all XCMG products in Southeast Asia, and exclusive distributor for Zoomlion tower cranes in Singapore. Notably, these renowned companies are utilizing Singapore as the regional hub in the Asia Pacific region, underscoring the strategic importance of the location. Under the astute leadership and forward-thinking vision of its management team, Tiong Woon is committed to delivering timely, high-quality, and secure services to its global clientele. With its extensive experience and strong market position, the company presents a compelling opportunity for venture capital firms seeking investment in the energy and oil and gas industries.