Listed on the Catalist board of the Singapore Exchange Securities Trading Limited, Cedar Strategic Holdings Ltd. (“CSH” or the “Company”, and together with its subsidiaries, the “Group”) was incorporated in Singapore on 17 October 1980. Formerly known as China Titanium Ltd., the Company adopted the name Cedar Strategic Holdings Ltd. on 7 December 2012 following the restructuring of its business model, effectively changing its core business to real estate.
On 22 February 2013, CSH successfully completed the divestment of its 51% equity stake in Jade Marketing & Distribution Pte. Ltd. and 100% stake in Jade Real Estate Pte. Ltd. The Group recognised a gain of RMB84 million on the disposal of its titanium dioxide business.
In line with the Group’s ongoing business transformation, CSH acquired Trechance Holdings Limited, the holding company of Cedar Hua Cheng Property Development Ltd,
which in turn owns Guizhou Shengxiang Investment Management Co. Ltd (“Shengxiang”), Guiyang Shunhe Real Estate Development Co. Ltd. (“Shunhe”) and Guizhou Huamao Assets Operation Management Co. Ltd. (“Huamao”)(collectively, the “Trechance Group”).
The Trechance Group is principally involved in the development of residential and commercial properties, with a track record of over 30 years in Guizhou Province, the People’s Republic of China (the “PRC”). Through Shunhe, the flagship project of CSH is “Xiao Cheng Gu Shi”, a modern residential development with commercial components located at No. 117 Zhujiang Road, Xiaohe District at Guiyang City, Guizhou Province, the PRC.
Going forward, the Group will focus on expanding its footprint in the real estate sector in the PRC and the region, striving to maximise shareholders’ value in the longer term.