Wednesday, December 22, 2010

Tuan Sing

Tuan Sing: Positive article out on BT today, summarizing strength of portfolio and balance sheet of the diversified property grp. Recent acq of Seletar Rd site and Serene House coupled with new project of Mont Timah may stir interest...

Cluster of owned prime commercial properties Robinson Towers, Annex and Intl Factors building valued at $206m could have room for upward revaluation as nearby Finlayson fetched $2,600psf compared to Robinson Tower prev at $1,500psf. Possibly explains interest in stock today.

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