4fb98180
2021-05-04

$TUAN SING HOLDINGS LIMITED(T24.SI)$Read this from DBS recommendation report 3 May 2021.  Tuan sing is doing partial divestment of Gultech. This is expected to be completed by 31 JULY 2021. DBS estimated Tuan sing may gain about S$60 m from the deal. Thus they think this stock could go up. Per DBS report, Tuan sing also announced that they are looking into listing of Gultech in China. Tuan sing is expected to hold 38.7% of Gultech post the partial divestment. 

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