Emerging Towns & Cities Singapore Ltd
SGX:1C0
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Emerging Towns & Cities Singapore Ltd
Emerging Towns & Cities Singapore Ltd. is an investment holding company, which engages in the development of residential and commercial properties. The Company’s subsidiaries include DAS Pte. Ltd. (DAS) and Uni Global Power Pte. Ltd. (UGP). The firm operates through two segments: Property development and Property investment. Property development segment relates to the development of properties for sale in Myanmar. Property investment segment relates to the business of investing in properties to earn rentals and for capital appreciation in Myanmar. Its main property development project, Golden City project is located in Yangon, Myanmar. The firm has relied on a two-pronged growth strategy of supplementing the short-term development profits with long-term recurring rental income. While the Company sources for buyers for the unsold units, these units are leased out to generate rental income.
Emerging Towns & Cities Singapore Ltd. is an investment holding company, which engages in the development of residential and commercial properties. The Company’s subsidiaries include DAS Pte. Ltd. (DAS) and Uni Global Power Pte. Ltd. (UGP). The firm operates through two segments: Property development and Property investment. Property development segment relates to the development of properties for sale in Myanmar. Property investment segment relates to the business of investing in properties to earn rentals and for capital appreciation in Myanmar. Its main property development project, Golden City project is located in Yangon, Myanmar. The firm has relied on a two-pronged growth strategy of supplementing the short-term development profits with long-term recurring rental income. While the Company sources for buyers for the unsold units, these units are leased out to generate rental income.
