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Tuan Sing buys stake in mixed development on Hainan island

Tuan Sing CEO William Liem said in a statement that the company believes it to be in the long-term interest of the group to raise its stake in the 2.6 million sq ft project (above, an artist's impression) in due course.


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...

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