Company Profile

Description:

First Sponsor Group Limited is a Singapore-based investment holding company. The principal activities of the subsidiaries are those relating to investment holding, property development and sales, property investment, hotel ownership and operations, and provision of property financing services. The Company operates through four segments: Property development, Property investment, Property financing, and Hotel operations. The Company's Property development includes the development and/or purchase of properties for sale. The Property investment includes the development and/or purchase of investment properties (including hotels) for rental income. The Property financing includes the provision of interest-bearing loans to associates, joint ventures, and third parties, subscription of debt securities, and vendor financing arrangements. The Hotel operations include operations of hotels and hot springs owned or leased by the Group.