Trade Tuan Sing - T24sg CFD

Trading Conditions

• Type: CFD
• Spread: 0.0058
• Long position overnight funding adjustment: -0.01368%
• Short position overnight funding adjustment: -0.00824%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 1
• Margin: 20.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: N/A
• Open: 0.3146
• 1-Year Change: 12.76%
• Day's Range: 0.3046 - 0.3146

About Tuan Sing Holdings Limited

Tuan Sing Holdings Limited is a Singapore-based investment holding company. The Company is engaged in property development, property investment and hotel ownership. The Company operates through four segments: Property, Hotels Investment, Industrial Services and Other Investments. Property segment is engaged in the development of properties for sale in Singapore and Indonesia as well as investment properties in Singapore, Australia, and China. Hotel investment segment comprises of two hotels in Australia, Grand Hyatt Melbourne, and Hyatt Regency Perth, which are managed by Hyatt International. Industrial Services segment is engaged in trading and marketing engaged in commodities trading and manufacturing and marketing polypropylene packaging bags. Other Investment segment comprises of investments in Gul Technologies Singapore Pte Ltd (GulTech), a printed circuit boards and Pan-West (Private) Limited a retailer of golf-related products.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Tuan Sing Holdings Limited revenues increased 25% to SP$245.3M. Net income increased 42% to SP$83.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Share of results of equity accounted inv increase of 10% to SP$28.3M (income). Dividend per share remained flat at SP$0.01.