Emerging Towns & Cities Singapore : Profit Guidance For The Third Quarter Ended 30 September 2023

Emerging Towns & Cities Singapore Ltd. is a Singapore-based investment holding company. The Company operates through three business segments: Property development, Property investment and Corporate. The Property development segment is engaged in the development of properties for sale. The Property investment segment is engaged in the business of investing in properties to earn rentals and for capital appreciation. The Corporate segment comprises Corporate Office which incurs general corporate expenses and inactive entities in the Company. The Company's Golden City Project is an investment and development property. The Company's investment properties consist of both residential and commercial (retail and office units) properties, held for long-term rental yields. Its development properties consist of both residential and commercial (retail and office units) properties, held for sale.