DBS Group Research has maintained its “buy” call for Tuan Sing Holdings with an unchanged target price of 44 cents as it believes that the undervalued company may realise its upside potential. According to the brokerage, the company is currently trading between one and two standard deviations be...

DBS Group research analyst Derek Tan is predicting a re-rating of real estate firm Tuan Sing Holdings following the $500 million sale of its Robinson Point property. With most of the proceeds intended for debt servicing, the counter’s potentially lower gearing ratio could see investors taking a se...

Uploaded By:  Frances Gagua Submitted By:  Staff Reporter Case Study:  No They have entered an a...

THE following companies saw new developments that may affect trading of their securities on Tuesday:

PROPERTY developer Tuan Sing Holdings is proposing to divest Robinson Point for S$500 million, the mainboard-listed firm announced in a bourse filing on Friday night.

PROPERTY developer Tuan Sing Holdings is proposing to divest Robinson Point for S$500 million, the mainboard-listed firm announced in a bourse filing.

Tuan Sing Holdings will be selling its 39 Robinson Road office property for $500 million. Robinson Point, as this property is called, was last valued by Colliers International Consultancy & Valuation (Singapore) at $374.4 million. Tuan Sing can expect to book a gain of $128.3 million upon comple...

PROPERTY developer Tuan Sing Holdings posted a S$6.6 million net profit for the half-year ended June, reversing its S$500,000 loss from a year ago. While the company’s revenue was hit by weakness in the hotels and industrial segments, its bottomline was lifted by a S$3.2 million fair-value...

SINGAPORE (July 22): SP Corporation, the subsidiary of property developer and investor Tuan Sing Holdings, has posted earnings of $1.3 million for the half year ended June 30, 2020 (1H20), a 38% increase y-o-y.  That said, the company also saw a sharp 77% fall in revenue for the same period. No...

DBS Group Research, in a note on Tuesday, initiated coverage on Tuan Sing with a "buy" call and target price of 38 Singapore cents on potential value-unlocking activities from its Gul Technologies (GulTech) unit, and expected post-pandemic rebound in performance for its core inves...