TUAN Sing Holdings, which posted a tripling in third-quarter net earnings, is optimistic about better operational performance for the year ended Dec 31, 2014 compared to FY2013, said its CEO William Liem.
The group expects to complete the acquisition of its remaining stake in Australia's Grand Hotel Group (GHG) in December. "With the completion, the group would have full ownership and control over GHG and accordingly full consolidation of its financial results," Tuan Sing said in its results statement on Thursday evening.