Tiong Woon Corporation Holding Ltd
Tiong Woon Corporation Holding Ltd (SES: BQM) is trading at S$0.89, about ₹66 at today's SGD/INR rate, as of 29 Sep 2026, 5:04 AM ET, down 3.28% today. Indian residents can buy Tiong Woon Corporation from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$0.88
Today's high
S$0.91
52 week low
S$0.56
52 week high
S$1.13
BQM opened at S$0.91, closed previously at S$0.92, and has traded between S$0.56 and S$1.13 over the past 52 weeks.
About
Tiong Woon Corporation Holding Ltd operates as an investment holding entity, delivering integrated solutions tailored for the oil and gas, petrochemical, infrastructure, and construction sectors. Its diverse operations are organized into three primary divisions: Heavy Lift and Haulage, Marine Transportation, and Trading. The company provides a comprehensive suite of services, including specialized heavy lifting, overland haulage, and marine transportation, alongside inland logistics. They also perform precise equipment installations for components like trays and structures, offer project engineering for complex lifting and hauling demands, and provide maintenance and repair services. Further specialized services include wall tie installation, foundation anchoring, and jacking-up operations. Tiong Woon maintains a significant fleet of heavy haulage equipment, such as prime movers, low beds, self-propelled modular trailers, tow trucks, and various trailers, available for lease to facilitate the movement of substantial process machinery, modules, and structural components. Moreover, the company is a key supplier of diverse tower crane models for both sale and rental, providing extensive support including refurbishment, delivery, maintenance, jacking down, dismantling, and erection. Within its marine segment, Tiong Woon operates tugboats and barges to support various sea transportation projects. The trading division actively distributes and deals in both new and pre-owned crawler, mobile, and tower cranes. Additionally, the company undertakes the sale and hire of cranes and transport vehicles, as well as the sale, servicing, and leasing of general equipment. Complementary services encompass mechanical and infrastructure engineering, structural work, freight forwarding, and a range of logistics support. As of June 30, 2022, Tiong Woon boasted a substantial asset portfolio, comprising 531 cranes and tower cranes, 280 heavy haulage assets, 7 tugboats, and 8 barges. Its extensive operational presence spans across Singapore, Brunei, the Middle East, India, Malaysia, Thailand, Indonesia, China, Bangladesh, Myanmar, the Philippines, Sri Lanka, and Vietnam. The company was established in 1978 and is headquartered in Singapore.
Key statistics
Avg. volume
83.60K
Market cap
S$205.17M
P/E Ratio
8.58
Price-to-sales ratio
1.09
Enterprise value
S$237.50M
Free cash flow yield
19.98%
Debt-to-equity ratio
0.35
Return on equity
7.10%
ROIC
12.17%
Beta
0.20
Dividend yield
1.98%
Last dividend
S$0.02
Financial overview
Revenue
S$187.68M
Earnings per share
S$0.10
Free cash flow
S$40.99M
Net profit margin
12.74%
Gross margin
40.73%
EBITDA
S$111.32M
Revenue growth
14.77%
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This is not an investment recommendation
How to buy Tiong Woon Corporation from India
Indian residents can buy Tiong Woon Corporation shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to SGD.
Search for Tiong Woon Corporation and place an order
Find Tiong Woon Corporation by name or by its ticker, BQM, and choose an order type. Tiong Woon Corporation trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Tiong Woon Corporation position in SGD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Tiong Woon Corporation from India
Trading and taxes when buying Tiong Woon Corporation from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Tiong Woon Corporation’s current yield is 1.98%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Tiong Woon Corporation stock?
Yes. Tiong Woon Corporation (BQM) has been listed on the Singapore Exchange since 2000, in the Rental & Leasing Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Tiong Woon Corporation share cost in rupees?
One Tiong Woon Corporation share is S$0.89 — about ₹66 at an SGD/INR rate of 75.05 on 28 Sep 2026. Both the Tiong Woon Corporation price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Tiong Woon Corporation from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Tiong Woon Corporation shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Tiong Woon Corporation price. Paasa issues a capital-gains statement for your return.
Does Tiong Woon Corporation pay a dividend, and how is it taxed in India?
Yes. Tiong Woon Corporation pays a dividend and the current yield is 1.98%; the last declared dividend was S$0.02 per share, about ₹1.31. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Tiong Woon Corporation from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Tiong Woon Corporation shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Tiong Woon Corporation?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Tiong Woon Corporation shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Tiong Woon Corporation holding, its cost and its closing value.
How do I sell Tiong Woon Corporation and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.