Stephen Gore, group director of business development at Jardine Matheson Holdings , acquired 27,200 shares on the open market at more than US$1.25 million ($1.76 million) on Oct 28. Gore, a member of the board, paid between US$45.79 and US$46.37 for each unit.Gore joined the company’s board on Apr...

Trans-China Automotive Holdings Limited (TCA) has reported total revenue of RMB3.03 billion ($598.6 million) for the 3QFY2022 ended September, down 14.7% y-o-y.TCA attributes this to the overall business environment of a “soft” Chinese economy, with key economic indicators such as housing sales,...

CHINESE premium car dealer Trans-China Automotive (TCA), which <a href="/companies-markets/trans-china-automotive-ends-first-day-trading-at-65-above-ipo-price" target="_blank">made its debut on the Catalist board</a> 8 months ago, remains bullish about its pro...

1. Could you elaborate on what Trans-China Automotive (TC Auto) is about? Trans-China Automotive (TC Auto) specialises in the business of automobile dealerships in the premium and ultra-premium market segment in China, which includes: (i) the sale of automobiles and (ii) the provision of aftersales ...

FOR the 5 trading sessions that spanned May 13 to 19, the Straits Times Index (STI) gained 0.8 per cent, with the FTSE China A50 Index adding 0.2 per cent, the Hang Seng Index gaining 2.5 per cent and the FTSE Bursa Malaysia KLCI declining 1.0 per cent. 

Trans-China Automotive Holdings Limited has reported total revenue of RMB1.09 billion ($226.8 million) for the 1QFY2022 ended March, down 15% y-o-y.This is due to a number of factors such as an overall soft Chinese economy, Covid-19-related store closures in Shenzhen and supply disruptions to the ov...

UOB Kay Hian’s analyst Adrian Loh as well as the Singapore research team has maintained their earnings per share (EPS) estimates for the FY2022 on all of the constituents in the Straits Times Index (STI) that are under their coverage.The team has given “buy” calls to all the counters, which in...

Analysts are maintaining bullish end-2022 targets, even as the Omicron variant is the latest hurdle to the market’s eventful recovery journey. Meanwhile, will the much-heralded Spac framework carry the IPO momentum forward? Singapore may have seen multiple months of lockdowns and fewer IPOs in 202...

The total volume of commodities derivatives jumped by 52% y-o-y in November to 2.3 million contracts, the Singapore Exchange’s (SGX) latest monthly market statistics report reveals. This came on the back of strong growth in the virtual steel mill suite, the regulator adds. Other factors that con...

FOR the five trading sessions that spanned Nov 19 to 25, the Straits Times Index (STI) declined 0.5 per cent, with the FTSE China A50 Index gaining 2.3 per cent, the Hang Seng Index declining 1.6 per cent and the FTSE Bursa Malaysia KLCI declining 0.8 per cent.

UOB Kay Hian has initiated “buy” on Trans-China Automotive Holdings with a target price of 39 cents. The counter is valued based on a forward price-to-earnings (P/E) range of 6 times FY2022 earnings of RMB180.2 million ($38.3 million). “This is at a 25% discount to its dealership network and...

DEMAND for Trans-China Automotive's (TCA) after-sales service for BMW cars is expected to grow in line with the increasing BMW automobile population and the car dealership's growth in new automobile sales, according to UOB Kay Hian (UOBKH).

DEMAND for Trans-China Automotive's (TCA) after-sales service for BMW cars is expected to grow in line with the increasing BMW automobile population and the car dealership's growth in new automobile sales, according to UOB Kay Hian (UOBKH).

The pace of new listings, which was largely staid for the better part of the year, has picked up as 2021 draws to a close, and the industry is looking forward to the momentum being carried forward into the new year. “It is hoped that the new framework on Special Purpose Acquisition Companies (Spac...

Trans-China Automotive Holdings (TCA), an automobile dealership group with operations in China, has launched its initial public offering (IPO) on the Catalist board of the Singapore Exchange (SGX) on Nov 1. Headquartered in Hong Kong and Shenzhen, TCA was incorporated in 2015 and is in the business ...