Tiong Aik Construction unable to pay its debts


SINGAPORE: 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.

Both Lin Yueh Hung and Ng Kian Kiat from RSM Corporate Advisory have been appointed as joint and several provisional liquidators, TA Corp said in a bourse filing on Monday.

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