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Tiong Seng Expands into Ghana with Precast Solutions Partnership

Story Highlights
  • Tiong Seng’s subsidiary partners with Rock Africa to develop precast solutions in Ghana.
  • The collaboration supports Ghana’s industrial goals and marks Tiong Seng’s international growth.
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Tiong Seng Expands into Ghana with Precast Solutions Partnership

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Tiong Seng Holdings Limited ( (SG:BFI) ) has issued an announcement.

Tiong Seng Holdings Limited’s subsidiary, Robin Village Development Pte Ltd, has signed a Memorandum of Understanding with Rock Africa Limited to develop advanced precast capabilities in Ghana. This collaboration, witnessed by Ghana’s President, aligns with Ghana’s industrialization goals and Singapore’s best practices, marking a significant step in Tiong Seng’s international growth strategy. The partnership will initially focus on a pilot project at the University of Ghana, aiming to enhance housing infrastructure and create jobs.

More about Tiong Seng Holdings Limited

Tiong Seng Holdings Limited is a mainboard-listed construction group and property developer based in Singapore. The company specializes in advanced precast and prefabrication solutions, focusing on engineering solutions through its subsidiary, Robin Village Development Pte Ltd.

Average Trading Volume: 251,917

Technical Sentiment Signal: Hold

Current Market Cap: S$44.26M

Find detailed analytics on BFI stock on TipRanks’ Stock Analysis page.

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