Welcome!
Wing Tai Holdings
Results
Wing Tai earnings down 91% to $13.3 mil for FY2023
Its share of associated and joint venture companies came in at a loss of $10.4 mil compared to a profit of S$112.2 mil in FY2022.
August 25, 2023
Results
Wing Tai issues profit guidance, expects 'significant decrease' in net profit for FY2023
Wing Tai will release its results for FY2023 ended June on Aug 25.
August 04, 2023
Property
Wing Tai rescinds contract for the collective purchase of Holland Tower
The group says the non-completion of the acquisition has no material impact on its NAV.
July 28, 2023
Broker's Calls
Brokers' Digest: China Sunsine Chemical Holdings, Wing Tai Holdings, Mapletree Logistics Trust, DBS, Marco Polo Marine
See what the analysts have to say this week.
April 06, 2023
Broker's Calls
Better outlook for Wing Tai with new additions to landbank and Uniqlo JV rides on recovery
Lim & Tan Securities keep 'accumulate' on Wing Tai as its outlook seems to be improving.
April 04, 2023
Broker's Calls
Govt measures on property market 'not a worry for now' though demand is softening: DBS
DBS analysts believe demand is likely to taper off in 2023 with the natural cooling effect from a rise in mortgage rates.
March 20, 2023
Property
Wing Tai Holdings wins tender for freehold Holland Tower site for $76.3 mil
Wing Tai says it plans to develop the site into a "luxurious and iconic residential development" overlooking the Holland Park area
March 15, 2023
Results
Wing Tai reports earnings of $63.3 million for 1HFY2023, up 18% y-o-y on higher JV companies contributions
Wing Tai’s share of profits from associated and JV companies was $33.4 million in 1HFY2023, 55% higher y-o-y.
February 09, 2023
Insider moves
Wing Tai in buybacks after Fidelity trims stake; Straits Trading director buys more shares
In line with the better earnings, Wing Tai has declared higher dividends.
October 13, 2022
Property
Wing Tai subsidiary disposes of Malaysian property for $1.8 mil
As at Sept 20, the property’s net book value was around RM3.8 million.
September 20, 2022