tuan sing

The Langley in Perth, Australia, is managed by Grand Hotel Group, a wholly owned subsidiary of Tuan Sing.

Tuan Sing unit launches combined residential, commercial and retail Perth asset

The Langley is being established as a ‘landmark destination’

Tuan Sing chief executive William Liem says the project is envisioned to “set a new benchmark for adaptive reuse in Melbourne”.

Tuan Sing to redevelop Melbourne properties with Grand Hyatt hotel asset

The resultant site will span about 84,500 square metres in gross floor area

Higher operating costs at Opus Bay, Tuan Sing's township project in Batam, have contributed to the group's H1 loss.

Tuan Sing sinks into the red with S$6.6 million loss in H1

PROPERTY group Tuan Sing reported on Thursday (Aug 8) a net loss of S$6.6 million for the half year ended June, as compared with a net profit of S$6 million in H1 last year.

Hyatt Regency Perth will cease to be a Hyatt-managed hotel on Aug 31.

Tuan Sing terminates management agreements for Hyatt Regency Perth

The company says it expects to incur S$2 million in costs and expenses

The acquisition is part of Tuan Sing's broader growth strategy to expand its hospitality business in Singapore and the region, says the company.

Tuan Sing confirms acquisition of Fraser Residence River Promenade for S$140.9 million

The purchase confirms an earlier report that Frasers Property was in advanced talks for a potential sale of the mixed-use property

Stocks to watch: banks, Tuan Sing and Starhill Reit likely in focus

Stocks to watch: banks, Tuan Sing and Starhill Reit likely in focus

INVESTORS are likely to focus their attention during Friday trading on banks, developers and Reits that reported their quarterly results.

William Liem leads Tuan Sing Holdings, which is thinking of venturing into the hospitality sector in Singapore.
HOCK LOCK SIEW

Tuan Sing needs to be more careful about issuing pricey debt

DEBT is expensive these days. That is to be expected in a high interest rate environment.

The new notes are expected to be issued on Nov 2 in denominations of S$250,000 each.

Tuan Sing prices S$150 million notes due 2027 at 7.5%

TUAN Sing has priced S$150 million of notes at 7.5 per cent under its S$900 million multi-currency medium-term note programme.

Tuan Sing says that the tender offer aims to extend its debt maturity profile and optimise financing costs.

Tuan Sing launches tender offer for S$141.7 million notes, proposes new issuance 

TUAN Sing Holdings has launched a tender offer for S$141.7 million notes at a consideration of 102 per cent of the principal amount in cash.