Sin Heng Mach

What Sin Heng Mach does

Sin Heng Heavy Machinery Limited is a Singapore-based heavy lifting services provider founded in 1969 and listed on the SGX Mainboard since February 2010 under the ticker BKK. The company operates two complementary divisions: an Equipment Rental Business providing cranes (typically wet-hire with operators) and aerial lifts (typically dry-hire), supported by turnkey project engineering services including planning, transportation, installation, and precast beam launching; and a Trading Business dealing in new and used cranes plus spare parts to a customer base of more than 100 buyers spanning the USA, Europe, the Middle East, Asia, Australia, and Africa.

The product portfolio spans lattice-boom crawler cranes (Kobelco models from 55 to 550 tons), all-terrain cranes (Grove, Kato), hydraulic truck cranes, rough-terrain cranes, mini crawler cranes (Mighty Crane), self-erecting cranes (Arcomet), and aerial work platforms including boom lifts and scissor lifts. Core technical capabilities rest on an in-house maintenance team, OEM-trained operator and service crews deployed across overseas subsidiaries, and reconditioning and refurbishment expertise for used equipment. The fleet and maintenance infrastructure represent a significant capital and human capital asset base.

Sin Heng generates revenue through three streams: usage-based crane and aerial lift rentals, one-time trading transactions on new and used equipment, and recurring spare-parts distribution. Pricing is not publicly disclosed, with contracts ranging from daily to monthly durations negotiated directly with enterprise customers. Go-to-market combines direct field sales with channel distribution via authorized regional dealerships for Kobelco, Kato, Arcomet, and Mighty Crane across ASEAN. Beyond Singapore, the group operates wholly-owned subsidiaries in Vietnam, Malaysia, Indonesia, Myanmar, and Hong Kong, and holds a strategic 27% stake owned by Toyota Tsusho Corporation of Japan. Customers include infrastructure and expressway contractors, petrochemical and offshore-marine operators (Petrochemical Corporation of Singapore, Jurong Island projects), integrated resorts (Marina Bay, Sentosa), and event operators (Singapore F1 Grand Prix).

Name

Sin Heng Mach

Legal name

Sin Heng Heavy Machinery Limited

Website

https://sinheng.com.sg

Company type

Public

Founded year

1969

Operating status

Operating

Headcount range

101–250 employees

Short description

Sin Heng Heavy Machinery Limited is a Singapore-listed heavy lifting services provider, founded in 1969, operating crane and aerial lift rentals plus equipment trading across ASEAN through authorized Kobelco and Kato distributorship and wholly-owned subsidiaries in six countries.

Ownership category

akta.pro rank

Product category

Heavy Equipment Rental and Trading

NAICS

Material Handling Equipment Manufacturing (33392)

SIC

Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Cranes & Heavy Lifting Equipment Rental/Leasing (TLABAFAD)

akta.pro secondary industry

Gear & Lifting Equipment Rental (Cranes, Spreaders, Forklifts, Reach Stackers) (TLAHALAD)

Keywords

• Crane rental services
• Aerial lift rental
• Heavy machinery trading
• Turnkey project engineering
• Spare parts distribution

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Equipment Rental Business: Rental of cranes (typically wet hire with operator) and aerial lifts (typically dry hire without operator). Crane rental contracts range from daily to monthly leases or other durations as required by customers. Also provides turnkey project engineering services complementing crane rental.
2. Trading Business: Trading of both new and used cranes and aerial lifts. Sources new cranes from OEMs such as Kobelco. Sources used cranes from established supplier network. Also undertakes sale and distribution of spare parts for cranes and aerial lifts. Trading customer base spans USA, Europe, Middle East, Asia, Australia and Africa with more than 100 trading customers.
3. Spare Parts Distribution: Sales and distribution of spare parts for cranes and aerial lifts as part of commitment to customers, complementing the rental and trading businesses.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels3 records

Core offering

Sin Heng Heavy Machinery operates an Equipment Rental Business (wet-hire cranes with operators and dry-hire aerial lifts) and a Trading Business (sale of new and used cranes, aerial lifts, and spare parts), complemented by turnkey project engineering services for launching precast beams and segments in bridge, flyover, and expressway construction. The fleet focuses on the mid-to-high lifting capacity segment (cranes from 55 to 550+ tons) across crawler, all-terrain, hydraulic truck, rough terrain, mini crawler, and self-erecting configurations, alongside boom lifts and scissor lifts.

Product overview

Sin Heng Heavy Machinery Limited is a leading heavy lifting services provider in Singapore, operating in the mid-to-high lifting capacity segment. The company operates two complementary business divisions: (1) Equipment Rental Business comprising rental of cranes and aerial lifts with turnkey project engineering services, and (2) Trading Business involving the trading of new and used cranes and aerial lifts plus spare parts distribution. The product portfolio includes Crawler Cranes (Kobelco models from 55-550 ton), All Terrain Cranes (Grove, Kato brands), Hydraulic Truck Cranes, Rough Terrain Cranes (Kato), Mini Crawler Cranes (Mighty), Self-Erecting Cranes (Arcomet), Boom Lifts, and Scissor Lifts. The company serves customers in infrastructure, construction, offshore marine, and oil and gas industries across Singapore and the ASEAN region.

Differentiator

Problem solved

Functional benefit

Brands

• Sin Heng Aerial Lifts Pte. Ltd. Subsidiary specializing in aerial lifts including boom lifts and scissor lifts

Products and services

• Crane and Aerial Lift Rental

Quantifiable outcome

• Successfully participated in major infrastructure projects including Benjamin Sheares Bridge, Ayer Rajah Expressway, Kallang-Paya Lebar Expressway, Jurong Island reclamation
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Kobelco (Kobelco Group)coreChannel Partner/ Reseller/ DistributorAuthorized regional distributor for Kobelco cranes, spare parts and services. Sin Heng distributes all existing and new models of Kobelco cranes across ASEAN markets. Awarded distributorship in 2010.
• Kato (Kato Works Co., Ltd.)coreChannel Partner/ Reseller/ DistributorAuthorized regional distributor for Kato hydraulic terrain cranes, rough terrain cranes and all terrain cranes, with after sales services. Awarded dealership in 2010.
• ArcometminorChannel Partner/ Reseller/ DistributorAwarded Arcomet distributorship in 2014 for self-erecting cranes for most ASEAN countries.
• Mighty CraneminorChannel Partner/ Reseller/ DistributorAwarded Mighty Crane dealership in 2012 for mini crawler cranes, parts and services.

Scale indicators5 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Tat Hong Holdings Ltd: Singapore-listed crane and heavy equipment rental company and the most direct competitor to Sin Heng, operating crane rental, trading, and equipment distribution across Singapore and Asia with overlapping mid-to-high capacity crane fleet.
• Mammoet: Global leader in heavy lifting and engineered transport with one of the world's largest crane fleets serving oil & gas, mining, civil, and energy sectors — closely comparable to Sin Heng's mid-to-high capacity lifting service profile.
• Sarens: Global heavy lifting and crane rental specialist serving infrastructure, energy, and industrial sectors with an extensive crane fleet and engineering services comparable to Sin Heng's turnkey project engineering and heavy lifting capabilities.

Broad incumbents

• United Rentals, Inc. World's largest equipment rental company serving construction and industrial markets with a broad fleet; comparable as a scaled equipment rental leader, though not crane-specialized, providing a benchmark for capital-intensive rental business models.
• Liebherr: Global manufacturer of mobile and crawler cranes, tower cranes, and heavy lifting equipment; comparable as a broad crane OEM whose product range overlaps substantially with Sin Heng's distributed and operated crane categories.
• Terex Corporation: Global manufacturer of cranes (Genie, Terex) and aerial work platforms including boom and scissor lifts, directly comparable to Sin Heng's product portfolio spanning cranes and aerial lifts across multiple categories.
• Haulotte Group: French aerial work platform manufacturer producing boom lifts and scissor lifts — the same product categories as Sin Heng's aerial lift trading and rental business; relevant as an equipment OEM whose products Sin Heng distributes and rents.
• Kato Works Co., Ltd. Japanese hydraulic crane manufacturer and Sin Heng's authorized regional distributor partner since 2010; comparable as an OEM supplier and as a Japanese crane brand competing in the same ASEAN end-markets as Sin Heng.
• Kobelco Construction Machinery Co., Ltd. Japanese crawler crane manufacturer and Sin Heng's authorized regional distributor partner since 2010; relevant as equipment OEM supplying Sin Heng's fleet and trading inventory, and as a broader Asian crane market participant.
• The Manitowoc Company, Inc. US-based manufacturer of cranes (Grove, Manitowoc, Potain brands) including the all-terrain crane models in Sin Heng's rental fleet; relevant as a competing global crane OEM serving the same infrastructure and construction end-markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sin-heng-heavy-machinery-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sin Heng Mach