Tiong Woon Corporation - Lim & Tan Securities 2023-10-25: Evolution Of A New Global Lifting Powerhouse

• We believe the time for a sector rerating is imminent and Tiong Woon remains the cheapest and the biggest laggard in the construction industry, which should translate into supernormal gains for investors in time to come.

Abount Tiong Woon

• - Read this at SGinvestors.io -

Key Investment Thesis

• We highlight the following investment thesis:
  1. Tiong Woon is a regional heavyweight in the heavy lift industry, currently trading at a significantly undervalued level.
  2. - Read this at SGinvestors.io -
  3. Tiong Woon stands out as one of the few publicly listed companies maintaining a positive outlook, driven by the upswing in the petrochemical and construction sectors within the region.
• Refer to the report attached below for more details.

Broad-based growth locally & abroad

• Read more at SGinvestors.io.

Nicholas Yon Lim & Tan Securities Research | Chan En Jie Lim & Tan Securities | https://www.limtan.com.sg/ 2023-10-25 SGinvestors.io

---