Tuan Sing stock price is doing well, this can be mean the company business is doing well as the stock volume had improve recently. Further on if the business can continue to well the stock price is believe to going even higher than now, Tuan Sing have not been perform well in the past six years in the stock price and the company business. The managment have do their best in restructing and re-engineering the company business & finance. Part of Tuan Sing business also support Singapore's construction sector as they can provide service in civil engineering services and infrastructure works. beside that they have other business sector. Hope to see more potential in the company business and the company stock price.
http://www.google.com/finance?q=T24&hl=en - Tung Sing on Google finance.
AUDITORS
Deloitte & Touche
BACKGROUND
The Company was incorporated on 13 March 1969 as Hytex Ltd to manufacture polypropylene bags. It turned public on 2 May 1973. Following some financial difficulties and restructuring, the Company became an investment holding company on 20 September 1983 under its present name.The Group's primary business activities are property, technology and industrial services.The Property Division focuses on investment and development of prime residential, commercial, industrial and hotel properties in Singapore, China and Australia. TSH is a recognised quality developer of residential housing in both Singapore and China. The Group also holds a 25 percent stake in the Grand Hotel Group, a public listed company that owns luxury and mid-market hotels in Australia.The Technology Division consists of TS Technologies and its two subsidiaries Gul Technologies and TS Matrix. The publicly listed Gul Technologies, 60 percent owned by Tuan Sing Holdings, is a global printed circuit board manufacturer with operations in Singapore, China and the USA. TS Matrix, wholly owned by TSH, engages in semiconductor component testing and assembly in Malaysia.The Industrial Services Division consists of three core businesses: Marketing Services, Engineering Services and Manufacturing. Almost all of these activities are carried out under SP Corporation Limited (formerly SPP Limited), Tuan Sing Holding's 80 percent listed subsidiary. Marketing Services include the distribution of tyres and auto products, as well as the trading of selected industrial products like chemicals, oil, coal, rubber, metal and machinery in Asia. Engineering Services include civil engineering work, as well as geotechnical and environmental investigation and monitoring in Singapore and selected regional markets. Manufacturing activities consist of tyre retreading, tyre mould manufacturing and the production of polypropylene packaging bags.
Summary
Tuan Sing Holdings Limited is a Singapore-based company whose principal activities are industrial services, technology, property, retail, as well as corporate and others. The industrial services segment trades and distributes industrial products, tyres and auto related products; provides civil engineering services, infrastructure works, geotechnical instrumentation and investigation, environmental services and manufactures polypropylene woven bags, tyre mould and related products and tyre retreading. The technology segment manufactures and sells double-sided and multi-layered printed circuit boards, and conditions, tests and assembles semi-conductor components. The property segment develops properties for sale, property investment, provides property management, property consultancy and hotel management services. The retail segment distributes and markets golf and golf-related lifetsyle products; manages golf driving ranges and teaching schools and provides other golf-related services.
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