Trans-China Automotive Holdings (TCA), has just launched its initial public offering (IPO) on the Catalist board of the Singapore Exchange (SGX). It’s the first China-based car dealership group to list on SGX and also is one of the largest Catalist listings this year by revenue and profits. Francis Tjia, Chairman, CEO, Trans China Auto shares the 4 main revenue streams of TCA and how the “Used car income” lag in China can potentially act as a huge contributor for the business.