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Tiong Aik Construction unable to pay debts; appoints provisional liquidators - Vimarsana News

Tiong Aik Construction unable to pay debts; appoints provisional liquidators

Published: July 18, 2023

It is facing an “acute tightening” of cash flow from difficulties in collecting payments and retention monies, among other factors. Read more at straitstimes.com.

Source: straitstimes.com
Related Topics:
Singapore GeneralBukit TimahKian KiatWei CheongDeloitte Touche Financial Advisory ServicesTa CorpReed Smith Resource Law AllianceTiong Aik ConstructionAik ConstructionFlorence ResidencesFourth Avenue ResidencesTouche Financial Advisory Services
Tiong Aik Construction unable to pay its debts - Vimarsana News

Tiong Aik Construction unable to pay its debts

Published: July 18, 2023

Singapore-listed TA Corp says its wholly owned subsidiary, Tiong Aik Construction, has been placed under provisional liquidation as it is unable to pay its debts.

Source: thestar.com.my
Related Topics:
Singapore GeneralBukit TimahWei CheongKian KiatTouche Financial Advisory ServicesTa CorpReed Smith Resource Law AllianceTiong Aik ConstructionLin Yueh HungAik ConstructionFlorence ResidencesFourth Avenue ResidencesTan Wei CheongJohnny LimCorporate NewsCross Defaults