Tuan Sing Proposes to Privatise SP Corp Via Scheme of Arrangement

Our VisionCreating a clear distinctionOur MissionBe a “Nucleus of Growth”, developing and strengthening corebusinesses to create value for all stakeholdersTuan Sing Holdings Limited is a regional investment holding company with interests mainly in real estate investment, real estate development and hospitality.Over the years, the Group has developed a portfolio of strategically located real estate assets in Singapore and across the region and has established a reputation for delivering high quality and iconic developments.The Group also acquired strategic stakes in mixed development opportunities in the region. These include a 7.8% stake in Sanya Summer Real Estate Co., Ltd in Sanya, China, and a 2.26% stake in Goodwill Property Investment Limited in Bali, Indonesia.The Group holds an 80.2% equity interest in SP Corporation Limited, a company which is listed on SGX-ST and engages primarily in commodities trading. The Group also holds a 44.5% interest in printed circuit board manufacturer, Gul Technologies Singapore Pte. Ltd.80.2%stake in SP Corporation Limited (“SP Corp”)100%stake in Hypak Sdn. Bhd. (“Hypak”)44.5%stake in Gul Technologies Singapore Pte Ltd (“GulTech”)49.0%stake in Pan-West (Private) Limited (“Pan-West”)7.8%stake in Sanya Summer Real Estate Co. Ltd (“SSRE”)2.26%stake in Goodwill Property Investment Limited (“GPI”)Our Value StatementBuilding value and targeting growthExcellenceNothing but the best of our abilitiesTeamworkEffective communication and co-operationIntegrityUpholding honestly and moralityAttitudeEmbracing humility, care and hard workOur business model seeks to create value for stakeholders in a sustainable way.Our Business StrategyBuilding on fundamentals and driving sustainable growth- Scale up and strengthen the “Tuan Sing” brand- Create innovative products and develop architecturally inspiring projects- Focus on integrated mixed-use developments- Diversify property portfolio to achieve a balanced revenue profile and recurring income stream- Expand its property business in the region in a capital efficient approach- Acquire or divest investments/properties in a disciplined manner- Obtain suitable financing options for projects and investmentsOur Competitive EdgeDistinguishing ourselves with unique strengths- Proven track record and reputation associated with award-winning project- Cordial relationships with architects, designers and international business partners- Demonstrated abilities to deliver unique and high quality projects- Hotel properties offer strategic location and unique strength- Wide property portfolio range- Experienced and committed board of directors and management team