Charting success in Myanmar
Roundtable participants:
TA Corporation Ltd is an established property and construction group in Singapore, with its main construction business principally undertaken through its wholly-owned subsidiary, Tiong Aik Construction Pte Ltd. In 2012, the group expanded into the distribution of high performance motor oil and lubricants with the acquisition of Sino Tac Resources. Beyond the shores of Singapore, the group has grown its footprint by participating in joint ventures in China, Thailand and Cambodia. In 2013, Tiong Aik added Myanmar to its regional footprint by working with its local joint venture partner to sell and distribute petroleum fuels and lubricants in the country. In the same year, it was appointed by Shell as the distributor for its automotive and industrial lubricants products in Myanmar.
Transworld Group Singapore is one of East Asia's fastest growing shipping companies. Since its establishment more than 14 years ago, the group has built up strong capabilities in the area of ship-owning, feeder services, liner shipping, logistics and agency representation of major shipping lines. These services are offered through its five subsidiaries, among which include BLPL Singapore - a two-time E50 Award winner. In addition to operating its own ships, the group also represents other shipping companies in Singapore, Malaysia, Myanmar, Bangladesh and Sri Lanka. Its local representative office in Myanmar, established in 2002, serves as the local agent for several other major shipping liners, and the Transworld Groups' liaison office for inbound/outbound cargo from Myanmar.