by Crane Market | Nov 10, 2017 | Constuction & Business News, Crane & Lifting News
Tat Hong Holdings Ltd (TAT.SI), a Singapore-based supplier of cranes, said it had received a non-binding letter from Standard Chartered Private Equity (Singapore) proposing to buy it in a deal that values the company at S$377 million ($277 million). Standard Chartered...
by Crane Market | Nov 14, 2016 | Constuction & Business News, Equipment Rental News
Market weakness and poor utilization of cranes weighed down results for Tat Hong Holdings in its second quarter. It sank into the red, chalking up a net loss of S$5.4 million, from a net profit of S$4.4 million in the previous year, the group said in a Singapore...
by Crane Market | May 31, 2016 | Crane & Lifting News, Equipment Rental News
Crane rental firm Tat Hong Holdings sank deeper into the red in the fourth quarter after it posted a S$39.8 million loss as revenues slid, impairment charges were announced and weakness in the construction sector continued/ Revenue slid 7 per cent year-on-year to...