Company Watch

Undervalued Tuan Sing set to get major IPO boost

Potential listing of GulTech Jiangsu may double property firm's market cap

Net profit will surge to $180 million this year, thanks to a gain of $160 million from the $500 million sale of its Robinson Point property. PHOTO: CBRE
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SINGAPORE - The Singapore Exchange is full of companies that are unappreciated, under-researched and undervalued, including property player Tuan Sing Holdings.

Despite decent results, strong management and a ground-breaking deal in China, the stock trades at half its net tangible asset (NTA) value.

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