The Business Times
business-time-50

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.

    China

    TRENDING NOW

    The divergence between stablecoin legislation in the US and Europe is striking, reflecting broader debates about monetary sovereignty and financial stability.

    Could stablecoins be the future of money?

    Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

    Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

    For affluent investors, wealth spanning markets, businesses and generations calls for careful consideration.

    Global expertise and tailored solutions: How affluent S’poreans can grow and manage wealth across markets

    Nicholas Tan, Bank Jago’s retail banking director, says the lender wants to retain customers by providing broader financial services and increasing engagement.

    GIC-backed Bank Jago sees wealth management as next growth engine as Indonesian investor base grows

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More