The Company was incorporated in Singapore as a private company on 27 November
1952.
The Company’s core business then was paper product manufacturing until 1978
when it transferred this business to its wholly-owned subsidiary to become an
investment holding company. With the acquisition of a group of construction
companies under Bored Piling (Pte) Ltd in 1981 and the subsequent cessation of
its paper product business in Singapore, the Group has since become one of the
leading engineering services provider in the region.
In 2001, the company completed a major corporate restructuring exercise to
strengthen its financial position and expand into new areas of business
activities. On 19 May 2003, it changed its name to SP Corporation Limited to
reflect the diversified activities under the Group; namely Marketing Services,
Engineering Services and Manufacturing.
Its Marketing Services include the distribution of tyres, automotive and
consumer products, as well as the trading of selected industrial products like
chemicals, oil, coal, rubber, metal and machinery in Asia.
Its Engineering Services include piling, foundation, civil engineering and
building construction works, as well as geotechnical and environmental
investigation, analytical, monitoring and consultancy works in Singapore and
selected regional markets.
Its Manufacturing activities consist of tyre retreading activity as well as
fabrication of high precision equipment in China for use by tyre manufacturers.
The Company's holding company is Tuan Sing Holdings Ltd, incorporated in Singapore.
SGX source · Source update: 12/26/2022 08:45:24 AM (timezone not specified). Source text may be historical.