Wing Tai Malaysia

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.

Broker's Calls

Wing Tai Malaysia takeover positive for Wing Tai Holdings

SINGAPORE (May 24): OCBC is maintaining its ‘buy’ on Wing Tai Holdings (Wing Tai) after the latter made an unconditional voluntary takeover offer for Wing Tai Malaysia Berhad (WTM).

Update

Wing Tai Holdings launches RM1.80/share takeover offer for Wing Tai Malaysia

SINGAPORE (May 23): Wing Tai Holdings has launched a $94 million takeover offer for Wing Tai Malaysia.

Broker's Calls

Conservative land-banking stance working against Wing Tai, says Maybank

SINGAPORE (May 12): Maybank Kim Eng Research continues to rate Wing Tai at “hold” following the release of the property and lifestyle group’s 3Q earnings results on Thursday, while raising its target price on the stock by 5 cents to $1.85 to factor
×