The Board of Directors of TA Corporation Ltd. announced that a wholly-owned subsidiary of the company, Sino Holdings (S'pore) Pte Ltd, has on January 31, 2012 incorporated Sino Properties (Simei) Pte. Ltd. SPS is a company incorporated in Singapore and will operate as a real estate development. Liong Kiam Teck and Neo Tiam Boon are the first Directors of SPS.