CORPORATE INFORMATION
CORPORATE STRUCTURE
As at 9 March 2021
PROPERTY
AREI Partners Pte. Ltd. | |||||||||||||||||||||
Greenwillow-AREI Partners Pte. Ltd. (50%) | |||||||||||||||||||||
Asiaview Properties Pte. Ltd. | |||||||||||||||||||||
Asplenium Land Pte. Ltd. | |||||||||||||||||||||
Calypso Construction Management Pte. Ltd. | |||||||||||||||||||||
Solidus Materials Pte. Ltd. | |||||||||||||||||||||
Clerodendrum Land Pte. Ltd. | |||||||||||||||||||||
Dillenia Land Pte. Ltd. | |||||||||||||||||||||
Episcia Land Pte. Ltd. | |||||||||||||||||||||
Gerbera Land Pte. Ltd. | |||||||||||||||||||||
Heliconia Land Pte. Ltd. | |||||||||||||||||||||
Ipomoea Land Pte. Ltd. | |||||||||||||||||||||
TSRC Novena Pte. Ltd. (70%) | |||||||||||||||||||||
Jasminum Land Pte. Ltd. | |||||||||||||||||||||
Megaton Investments Pte Ltd | |||||||||||||||||||||
Oxley Development Pte Ltd | |||||||||||||||||||||
Pemimpin Properties Pte. Ltd. | |||||||||||||||||||||
Robinson Point Limited | |||||||||||||||||||||
39 Robinson Road Pte. Ltd. | |||||||||||||||||||||
Silveridge Investments Pte Ltd | |||||||||||||||||||||
Shelford Properties Pte Ltd | |||||||||||||||||||||
Superluck Properties Pte Ltd | |||||||||||||||||||||
Maylands Investment Pte Ltd (70%) | |||||||||||||||||||||
Calypso Builders Pty Ltd (fks Fuchsia Land Pty Ltd) | |||||||||||||||||||||
Splendourland Pte Ltd (90%) | |||||||||||||||||||||
(2%) | PT. Goodworth Investments | ||||||||||||||||||||
Goodworth Investments Pte Ltd (90%) | (98%) | ||||||||||||||||||||
(99.6%)6 | |||||||||||||||||||||
TSHI Holdings Pte. Ltd. | PT Opus Bay Residence | ||||||||||||||||||||
PT Opus Bay Villa | |||||||||||||||||||||
Lantana Pte. Ltd | (0.4%) | PT Opus Bay Shoppes | |||||||||||||||||||
(33%) | (67%) | ||||||||||||||||||||
(49%) | |||||||||||||||||||||
P.T. Titian Damai Mandiri | PT Batam Opus Bay | PT Calypso Project Management | |||||||||||||||||||
(51%) | |||||||||||||||||||||
(67%) | (33%) | ||||||||||||||||||||
Lachenalia Pte. Ltd. | |||||||||||||||||||||
Goodwill Property Investment Limited (2.26%)1 | |||||||||||||||||||||
Bauhinia Land Pte. Ltd. | |||||||||||||||||||||
Sing-Hu International Pte Ltd | |||||||||||||||||||||
Premiera Development Pte. Ltd. | |||||||||||||||||||||
Shanghai Shenyu Interior Decoration Limited Liability Company | |||||||||||||||||||||
Fujian Ji'Xing Real Estate Development Co. Ltd | |||||||||||||||||||||
TSH China Holdings Pte Ltd | |||||||||||||||||||||
Yewglade Pte Ltd | |||||||||||||||||||||
Habitat Properties (Shanghai) Ltd. (91%)2 | |||||||||||||||||||||
Shanghai Shenjia Property Management Co., Ltd. | |||||||||||||||||||||
Sanya Summer Real Estate Co., Ltd (7.8%)3 | |||||||||||||||||||||
Tuan Sing (China) Investments Limited# | |||||||||||||||||||||
Shanghai Xin Min Real Estate United Development Co., Ltd.# (70%)4 | |||||||||||||||||||||
38TUAN SING HOLDINGS LIMITED ANNUAL REPORT 2020
CORPORATE INFORMATION
CORPORATE STRUCTURE
HOTELS INVESTMENT
TSH Australia Holdings Pte Ltd | (50%) | ||||||||||
Tuan Sing (Australia) Pty Limited ("TSA") | Grand Hotel Group - Grand Hotel Company Pty Limited | ||||||||||
Tuan Sing Real Estate Pty Limited ("TSRE") | |||||||||||
(50%) | GH Operations Pty Ltd | ||||||||||
HR Operations Pty Ltd | |||||||||||
Grand Hotel Management Pty Ltd | |||||||||||
GHG Capital Pty Ltd | |||||||||||
INDUSTRIAL SERVICES
SP Corporation Limited* (80.2%)
SP Performance Pte. Ltd.
Performance Retreads Sdn. Bhd.
SP Energy Pte. Ltd.
SP Mining & Engineering Pte. Ltd.
PT. SP Mining & Engineering (99%)5
Globaltraco International Pte Ltd
SP Global International Pte. Ltd.
SP Global Hong Kong Limited
Hypak Sdn. Bhd.
OTHER INVESTMENTS
TS Planet Sports Pte. Ltd.
Pan-West (Private) Limited (49%)
Pan-West (Malaysia) Sdn. Bhd.#
TS Technologies Pte Ltd
Gul Technologies Singapore Pte. Ltd. (44.5%)
Gultech China Pte. Ltd.
Gultech (Jiangsu) Electronics Technologies Co., Ltd
Gultech (Suzhou) Electronics Co., Ltd
Gultech (Suzhou) Electronics Technologies Co., Ltd
Gultech (Wuxi) Electronics Co., Ltd
Gultech Wuxi Electronics Co (HK)., Limited
Pacific Consultants Pte. Ltd.
TSHAspire Pte. Ltd.
100% owned | 1 | TSHI Holdings Pte. Ltd. holds an investment of 2.26% in Goodwill Property Investment | ||
Less than 100% owned | Limited which in turn holds 80% of PT Bali Turtle Island Development | |||
TSA and TSRE each holds 50% in that entity | 2 | Balance of 9% is held by TSH China Holdings Pte Ltd | ||
Entity incorporated outside Singapore | 3 | Shanghai Shenjia Property Management Co., Ltd. holds an investment of 7.8% in | ||
* | Public listed company | Sanya Summer Real Estate Co., Ltd | ||
# | in the process of voluntary liquidation/striking off | 4 | Balance of 30% is held by Tuan Sing (China) Investments Limited | |
5 | Balance of 1% is held by SP Energy Pte. Ltd. | |||
6 | Balance of 0.4% is held by Lantana Pte. Ltd. | |||
ANNUAL REPORT 2020 TUAN SING HOLDINGS LIMITED | 39 |
CORPORATE INFORMATION
CORPORATE DATA
BOARD OF DIRECTORS
Richard Eu Yee Ming
Chairman
William Nursalim alias William Liem Chief Executive Officer
Cheng Hong Kok
Albert Choo Teow Huat
Michelle Liem Mei Fung
AUDIT AND RISK COMMITTEE
Albert Choo Teow Huat
Chairman
Richard Eu Yee Ming
Michelle Liem Mei Fung
NOMINATING COMMITTEE
Albert Choo Teow Huat
Chairman
Cheng Hong Kok
Michelle Liem Mei Fung
REMUNERATION COMMITTEE
Cheng Hong Kok
Chairman
Albert Choo Teow Huat
Michelle Liem Mei Fung
WHISTLE-BLOWING COMMITTEE
William Nursalim alias William Liem Chief Executive Officer
Leong Kok Ho,
Chief Financial Officer
Tan Sock Kiang,
Group Company Secretary
Email: whistle-blowing@tuansing.com
GROUP COMPANY SECRETARIES
Florence Ding Tsui Eng
Tan Sock Kiang
REGISTERED OFFICE
9 Oxley Rise
#03-02 The Oxley
Singapore 238697
Tel: (65) 6223 7211
Fax: (65) 6224 1085
SHARE REGISTRAR
B.A.C.S. Private Limited
8 Robinson Road #03-00
ASO Building
Singapore 048544
Tel: (65) 6593 4848
Fax: (65) 6593 4847
GROUP EXTERNAL AUDITORS
Deloitte & Touche LLP 6 Shenton Way
OUE Downtown 2 #33-00 Singapore 068809
Tel: (65) 6224 8288
Fax: (65) 6538 6166
Partner-in-charge: Kee Cheng Kong, Michael (Appointed in 2020)
GROUP INTERNAL AUDITORS
PricewaterhouseCoopers
Risk Services Pte. Ltd.
7 Straits View, Marina One
East Tower, Level 12
Singapore 018936
Tel: (65) 6236 3388
Partner-in-charge: Ng Siew Quan
PRINCIPAL FINANCIERS
United Overseas Bank Limited
DBS Bank Limited
Australia and New Zealand Banking
Group Limited
SHARE LISTING INFORMATION
Counter name: Tuan Sing
SGX code: T24
Bloomberg code: TSH:SP
40TUAN SING HOLDINGS LIMITED ANNUAL REPORT 2020
CORPORATE INFORMATION
STOCK MARKET STATISTICS
Share Price and Trading Volume (2016-2020)
Market: Singapore Stock Exchange ("SGX") | SGX Code: T24 |
Sector: Real Estate Management and Development | Bloomberg Code: TSH:SP |
TSH Share Price and Trading Volume 2016-2020
shares)(millionVolume | 100 | ||||||
Trading | 50 | ||||||
Volume | |||||||
Share Price | |||||||
2016 | 2017 | 2018 | 2019 | 2020 | |||
Last transacted (cents)# | 28.5 | 45.0 | 36.0 | 33.0 | 31.5 | ||
High (cents) | 34.0 | 46.5 | 50.0 | 42.5 | 34.5 | ||
Low (cents) | 27.5 | 29.0 | 32.5 | 32.0 | 19.5 | ||
Average (cents)## | 30.0 | 35.3 | 40.7 | 35.9 | 28.3 | ||
Market capitalisation ($'million), year end | 337.1 | 534.1 | 427.1 | 391.5 | 374.1 | ||
Trading volume (million shares), full year | 52.6 | 400.2 | 225.6 | 119.1 | 127.5 | ||
Number of shares issued (million shares), year end | 1,182.8 | 1,187.0 | 1,186.4 | 1,186.2 | 1,187.5 | ||
P/E ratio, year end | 10.0X | 8.5X | 3.3X | 11.8X | 6.3X | ||
P/B ratio, year end | 0.4X | 0.5X | 0.4X | 0.4X | 0.3X | ||
0.48 | |
0.42 | |
0.36 | |
0.3 | ($) |
Price | |
0.24 | Share |
0.18 | |
0.12 | |
0.06 |
Notes:
- Last transacted share price as at year end
- Average closing price of all trading days during the year
P/E ratio - Last transacted share price / earnings per share for the year
P/B ratio - Last transacted share price / net asset value per share as at year end
Share Price Performance (5-Year)
TSH Share Price versus ST Index and Real Estate Index (2016 - 2020)
Share performance | 1-year | 2-year | 3-year | 4-year | 5-year |
Period Commencing | 2/1/2020 | 2/1/2019 | 2/1/2018 | 3/1/2017 | 4/1/2016 |
Period Ending | 31/12/2020 | 31/12/2020 | 31/12/2020 | 31/12/2020 | 31/12/2020 |
Tuan Sing (TSH: SP) | -9% | -9% | -32% | 9% | -3% |
Straits Times Index (FSSTI) | -13% | -6% | -17% | -2% | 0% |
ST Real Estate Holding and Development Index (FSTREH) | -20% | -9% | -26% | -7% | -8% |
ANNUAL REPORT 2020 TUAN SING HOLDINGS LIMITED 41
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Tuan Sing Holdings Limited published this content on 20 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2021 07:43:05 UTC.