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Tuan Sing buys stake in mixed development on Hainan island

Annabeth Leow

Annabeth Leow

Published Mon, Sep 24, 2018 · 09:50 PM

    Singapore

    MAINBOARD-LISTED Tuan Sing Holdings has forked out for a share in an integrated development in Hainan, China, with an eye to raising its stake.

    It said on Monday that it has paid 75 million yuan (S$15 million) for 7.8 per cent in developer Sanya Summer Real Estate, which plans to complete a mixed-use project there by end-2021.

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