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
New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Dive deeper at $0.99/month

Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • 2-week e-paper archive so you never miss out on any topic that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.