Owners of Foreign Worker Dorm Firm TS Group Said to Weigh Sale
Shareholders of TS Group Pte, a Singapore-based provider of purpose-built foreign worker dormitories, are considering selling a controlling stake in the business in a deal that could be worth at...
By Elffie Chew · Bloomberg Markets
Shareholders of TS Group Pte, a Singapore-based provider of purpose-built foreign worker dormitories, are considering selling a controlling stake in the business in a deal that could be worth at least S$500 million ($384 million), according to people with knowledge of the matter.