Anderco Investment Pvt Ltd acquired a 90% stake in Aston Air Control Pte Ltd from TA Corporation Ltd for SGD 0.4 million

TA Corporation Ltd is a Singapore-based property and construction company. The Company has a suite of businesses in distribution, as well as the provision of workers’ training, manufacturing and accommodation in Singapore and across the region, including Thailand, Cambodia, Malaysia, China, and Myanmar. The Company has five segments. Construction segment is involved in general builders and construction contractors, training of workers, general engineering, sale of construction materials and design, installation and maintenance of air conditioning and mechanical ventilation systems. Real estate investment segment invests in real estate. Real estate development segment is engaged in the development of residential and commercial projects and project management services. Distribution segment is engaged in sales and distribution of petroleum-based lubricant products, automotive tyers and commercial vehicles. Others segment comprises management and administration services.