| Description |
The Company was incorporated on 13 March 1969 as Hytex (Private) Limited to
manufacture polypropylene bags. It was converted to a public limited company on
2 May 1973. Following its restructuring, the Company became an investment
holdings company on 20 September 1983 under its present name, Tuan Sing
Holdings Limited (“TSH”).
The Group’s businesses include the Property, Industrial Services, Retail and
Investments in Hotels & Printed Circuit Board Manufacturing.
Property
The Property Segment focuses on investment and development of prime properties.
Its portfolio includes residential, commercial and industrial properties mainly
located in prime districts. TSH is a recognised quality developer of
residential housing in both Singapore and China. Its commercial and industrial
properties in Singapore include Robinson Towers, International Factors
Building, The Oxley, Harrison Industrial Building and Century Warehouse.
Industrial Services
The Industrial Services Segment consists of the Company’s 80 percent owned
SGX-ST listed subsidiary, SP Corporation Limited (“SP Corp”) and a 98 percent
owned Malaysian subsidiary, Hypak Sdn Bhd. (“Hypak”). Significant activities
under Industrial Services Segment are carried out by SP Corp with its core
businesses in Tyre and Auto Products Distribution, Commodities & Specialty
Products Trading, and Engineering Services. Hypak is in the manufacturing and
production of polypropylene packaging bags.
Retail
The Retail Segment comprises the Group’s 60 percent interest in the Pan-West
group of companies. Pan-West distributes a complete range of golf products
and provides related services including professional golf coaching, golf
equipment rental and repair services as well as managing golf driving ranges.
It is the exclusive regional distributor of world-class golfing brands
including Callaway, Odyssey, Cleveland, Yamaha and Katana with significant
presence in Singapore, Malaysia and Thailand.
Investments in Hotel & Printed Circuit Board Manufacturing
The hotel investments consists of the Group’s 50 percent owned Grand Hotel
Group (“GHG”) which was formerly listed on the Australian Stock Exchange; and a
43 percent owned SGX-ST listed company, Gul Technologies Singapore Ltd (“Gul
Tech”). GHG owns 4 out of Hyatt’s 8 operating hotels in Australia, i.e. Grand
Hyatt Melbourne, Park Hyatt Canberra, Hyatt Regency Perth, and Hyatt Regency
Adelaide. Gul Tech is involved in the manufacturing of multi-layered and
high-density printed circuit boards. It has manufacturing plants in Wuxi and
Suzhou, China.
Additional info from SGX:
The Company was incorporated on 13 March 1969 as Hytex (Private) Limited to
manufacture polypropylene bags. It was converted to a public limited company on
2 May 1973. Following its restructuring, the Company became an investment
holdings company on 20 September 1983 under its present name, Tuan Sing
Holdings Limited (“TSH”).
The Group’s businesses include the Property, Industrial Services, Retail and
Investments in Hotels & Printed Circuit Board Manufacturing.
Property
The Property Segment focuses on investment and development of prime properties.
Its portfolio includes residential, commercial and industrial properties mainly
located in prime districts. TSH is a recognised quality developer of
residential housing in both Singapore and China. Its commercial and industrial
properties in Singapore include Robinson Towers, International Factors
Building, The Oxley, Harrison Industrial Building and Century Warehouse.
Industrial Services
The Industrial Services Segment consists of the Company’s 80 percent owned
SGX-ST listed subsidiary, SP Corporation Limited (“SP Corp”) and a 98 percent
owned Malaysian subsidiary, Hypak Sdn Bhd. (“Hypak”). Significant activities
under Industrial Services Segment are carried out by SP Corp with its core
businesses in Tyre and Auto Products Distribution, Commodities & Specialty
Products Trading, and Engineering Services. Hypak is in the manufacturing and
production of polypropylene packaging bags.
Retail
The Retail Segment comprises the Group’s 60 percent interest in the Pan-West
group of companies. Pan-West distributes a complete range of golf products
and provides related services including professional golf coaching, golf
equipment rental and repair services as well as managing golf driving ranges.
It is the exclusive regional distributor of world-class golfing brands
including Callaway, Odyssey, Cleveland, Yamaha and Katana with significant
presence in Singapore, Malaysia and Thailand.
Investments in Hotel & Printed Circuit Board Manufacturing
The hotel investments consists of the Group’s 50 percent owned Grand Hotel
Group (“GHG”) which was formerly listed on the Australian Stock Exchange; and a
43 percent owned SGX-ST listed company, Gul Technologies Singapore Ltd (“Gul
Tech”). GHG owns 4 out of Hyatt’s 8 operating hotels in Australia, i.e. Grand
Hyatt Melbourne, Park Hyatt Canberra, Hyatt Regency Perth, and Hyatt Regency
Adelaide. Gul Tech is involved in the manufacturing of multi-layered and
high-density printed circuit boards. It has manufacturing plants in Wuxi and
Suzhou, China.
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