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Undervalued Tuan Sing set to get major IPO boost
Potential listing of GulTech Jiangsu may double property firm's market cap
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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
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.
