Tiong Seng – Sitting pretty on S$1.47b order books
By Ernest Lim's investing blog  •  May 4, 2013
Tiong Seng has come a long way since its inception in 1959, more than five decades ago, when Mr Pek Ah Tuan and the late Mr Pay Seng Koon from Peck Tiong Choon Private Limited and the late Mr Lee Tuan Chay and Mr Khng Kwi Cher from Song Hup Seng Private Limited formed a partnership named “Tiong Seng”. Tiong Seng’s business was to provide excavation, earth moving and trucking services. Gradually, Tiong Seng business expanded and is now one of the largest building construction and civil engineering contractors in Singapore with an A1 grade. An A1 grade allows the company to bid for public sector construction projects with unlimited contract value.

Besides the construction business, Tiong Seng has another significant division which is the property development division focusing on developing residential and commercial projects in various second- and third-tier cities in the PRC.

Some interesting points

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By Ernest Lim's investing blog
I am an avid investor, trader cum remisier. I am a Chartered Financial Analyst® charterholder, as well as, a Chartered Accountant of Singapore. I have published articles on a wide range of topics on finance and investment, ranging from market / sector outlook, technical analysis and fundamental analysis etc.
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