Undervalued Heavy Lift Solutions Provider Set for Growth in Asia and Middle East – Minichart
Broker Name: CGS International Securities
Date of Report: January 16, 2026
Excerpt from CGS International Securities report.
Report Summary
- Tiong Woon Corporation (TWC), ranked #15 globally for crane operators, is trading at a significant discount to its regional peers, with a forecast FY27F P/E of 6.7x compared to the peer average of 12.1x.
- TWC is expected to benefit from major construction and infrastructure projects across Southeast Asia and the Middle East, particularly in data centres, petrochemicals, semiconductors, and oil & gas sectors.
- The company’s vertically integrated model, large fleet, and engineering expertise position it as a one-stop heavy lift solutions provider with strong regional…
