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.