TC Auto News

Trans-China Automotive Swings to Attributable Loss in 2023

Trans-China Automotive (SGX:VI2) posted an attributable loss to the owners of 91.6 million yen for the year ended Dec. 31, 2023, compared with an attributable profit of 21.0 million yen in the year-ag

MT NewswiresApr 9 14:26

Trans-China Deregisters Subsidiary in Hong Kong

Trans-China Automotive (SGX:VI2) deregistered its wholly owned subsidiary, Bright Promise Limited in Hong Kong on March 8, according to a filing with the Singapore Exchange on Monday. The deregistrati

MT NewswiresMar 26 14:55

Trans-China Automotive Warns of Losses in 2023 Amid Low Consumer Confidence

Trans-China Automotive (SGX:VI2) expects to book a net loss for 2023, as compared to a net profit in 2022, mainly due to low consumer confidence and a competitive car market. The automobile distributo

MT NewswiresJan 22 12:41

Trans-China Automotive Proposes Change of Auditors

Trans-China Automotive (SGX:VI2) has proposed to appoint Deloitte & Touche as its independent auditors, replacing PricewaterhouseCoopers. The appointment is subject to the shareholders' approval, acco

MT NewswiresOct 25, 2023 16:44

Trans-China Automotive Deregisters Dormant Foreign Subsidiary; Shares Jump 3%

Trans-China Automotive (SGX:VI2) said its dormant foreign subsidiary, Focus Win (Chongqing), was deregistered in Hong Kong on Sept. 8. The automobile distribution company does not expect the deregistr

MT NewswiresSep 21, 2023 12:16

Trans-China Automotive Flags Losses for H1 on Weak Consumer Sentiment

Trans-China Automotive (SGX:VI2) expects to post a net loss in the first half this year due to a soft Chinese economy that resulted in a weak consumer sentiment. The automobile distribution company sa

MT NewswiresJul 13, 2023 12:06

OCBC, ST Engg Lead Buybacks; TCA's Francis Tjia Adds to Stake

For the four trading sessions that spanned Apr 10 to 13, the Straits Times Index (STI) declined 0.2 per cent with the Hang Seng Index declining 0.5 per cent and the FTSE Bursa Malaysia KLCI booking a marginal gain.

Singapore ExchangeApr 17, 2023 00:00

Controlling Shareholder Disposes of Minority Interest in Trans-China Automotive

02:45 AM EDT, 04/13/2023 (MT Newswires) -- Trans-China Automotive's (SGX:VI2) controlling shareholder, TCA International, disposed of 18.98% of its shareholding interest in the company to the limited

MT NewswiresApr 13, 2023 14:48

Trans-China Automotive Swings to Loss in H2

12:05 AM EST, 02/24/2023 (MT Newswires) -- Trans-China Automotive (SGX:VI2) reported a net loss of 19.5 million yuan in the second half of 2022, against a net profit of 51.8 million yuan a year earlie

MT NewswiresFeb 24, 2023 13:06

Trans-China Automotive's Controlling Shareholder Proposes Share Distribution

12:24 AM EDT, 10/19/2022 (MT Newswires) -- Trans-China Automotive (SGX:VI2) said its controlling shareholder, TCA International, will dispose of 19.17% of its shareholding interest in the company to t

MT NewswiresOct 19, 2022 12:26

Trans-China Automotive Flags Lower Profit in H1 Amid Decline in Chinese Premium Car Market

01:21 AM EDT, 07/29/2022 (MT Newswires) -- Trans-China Automotive (SGX:VI2) expects its profit to drop in the first half of the year due to the softening of the Chinese economy and a decline in the Ch

MT NewswiresJul 29, 2022 13:25

Trans-China Automotive Provides Updates on IPO Proceeds; Shares Drop 5%

01:27 AM EDT, 06/07/2022 (MT Newswires) -- Trans-China Automotive Holding (SGX:VI2) said it has so far utilized SG$8.3 million ($6.0 million) of the total SG$16.3 million net proceeds raised from its

MT NewswiresJun 7, 2022 13:28

Trans-China Automotive Post Lower Profit, Revenue in July-December 2021

02:20 AM EST, 02/28/2022 (MT Newswires) -- Trans-China Automotive's (SGX:VI2) profit dropped 16.7% to 51.8 million yuan ($8.2 million) in the six months ended Dec. 31, 2021, from 62.2 million yuan a y

MT NewswiresFeb 28, 2022 15:26

Trans-China Automotive Allocates Part of IPO Proceeds to Construction of Dealership in China

04:23 AM EST, 01/10/2022 (MT Newswires) -- Trans-China Automotive (SGX:VI2) said it has allocated about SG$3.0 million ($2.2 million) of its initial public offering proceeds to construct a new dealer

MT NewswiresJan 10, 2022 17:26

Trans-China Automotive Provides Updates on IPO Proceeds

03:43 AM EST, 01/06/2022 (MT Newswires) -- Trans-China Automotive Holding (SGX:VI2) said it has utilized about SG$5.3 million ($3.9 million) of the total SG$16.3 million net proceeds from its initial

MT NewswiresJan 6, 2022 16:46