Trans-China Automotive Holdings (TCA), an automobile dealership group with operations in China, has launched its initial public offering (IPO) on the Catalist board of the Singapore Exchange (SGX) on Nov 1.
Headquartered in Hong Kong and Shenzhen, TCA was incorporated in 2015 and is in the business of distributing premium and ultra-premium automobiles under the BMW, McLaren and Lotus brands. The Group’s dealerships are located in key cities in the PRC namely, Foshan, Shenzhen, Guangzhou, Chongqing, Changsha and Wuhan. Its two main business segments are the sale of automobiles and the provision of after-sales services.
