TA Corporation

Property

TA Corp receives LOI for New World Centre units for consideration of $43 mil

The LOI was sent on March 8 and acknowledged by TA Corp on the same day.

Company in the news

Lack of payment from Tiong Aik to negatively impact King Wan’s FY2024 earnings

Tiong Aik is said to owe King Wan around $3.2 million in payment.

Company in the news

TA Corporation requests for voluntary trading suspension

Tiong Aik Construction (TA Construction), a wholly-owned subsidiary of TA Corp, has been placed under provisional liquidation.

Property

TA Corporation to dispose of 12 On Shan for $86.5 mil

The group says it is expected to net a loss of $8.6 million on the proposed disposal.
TA Corporation to sell Leonie Hill Residences unit for $4.93 mil - THE EDGE SINGAPORE

Property

TA Corporation to sell Leonie Hill Residences unit for $4.93 mil

The proposed disposal will see a loss of $0.3 million upon completion.

Broker's Calls

TA Corp expected to return to profitability in 2019: Tayrona

SINGAPORE (Oct 3): Tayrona Financial is rating TA Corporation “overweight” with a high-average return and low-average risk classification, along with a fair value estimation of 35 cents.

TA Corp enters into JV with Synergy Resources to distribute Suzuki automobiles in Myanmar

SINGAPORE (Sept 8): TA Corporation announced that its wholly-owned subsidiary, Sino Holdings, has entered into a joint venture (JV) with Synergy Resources Group to distribute Suzuki automobiles and spare parts in Myanmar.

Results

TA Corp swings into 1Q losses of $1.7 mil on lower revenue

SINGAPORE (May 8): TA Corporation, the property and construction group, recorded a loss of $1.69 million in 1Q18 compared to earnings of $1.65 million in 1Q17.

Results

TA Corp sinks into the red, posts 4Q losses of $4.28 mil

SINGAPORE (Feb 28): TA Corporation, the property and construction group, has recorded losses of $4.28 million in 4Q17, compared to earnings of $3.16 million in 4Q16.

TA Corp's subsidiary wins $180 mil JTC contract

SINGAPORE (Dec 12): TA Corporation's wholly-owned subsidiary, Tiong Aik Construction, has won the main contract worth $180 million by JTC Corporation for a building development project.
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