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Thursday, March 28, 2013

Tosei makes its debut on SGX

Source: http://www.theedgesingapore.com/the-daily-edge.html?type=rss

Tosei Corporation, the Japanese real-estate company, has successfully completed a secondary listing on the SGX by way of introduction.

Tosei has a primary listing on the First Section of the Tokyo Stock Exchange.

Making its debut today, its shares are traded in SGD and in board lots of 10 shares.

Tosei has six divisions including property development, property revitalisation, property investment, property management, fund management and alternative assets.

The company has shareholders funds of 25 billion yen ($327.8 million) as at Aug 31 and made a net profit of 1.4 billion yen for FY12.

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