Verticas Residences


Wing Tai's 1Q earnings rise nearly eightfold to $8.2 mil

SINGAPORE (Oct 23): Property group Wing Tai Holdings saw its 1Q earnings ended Sept rise nearly eightfold to $8.2 million from $1.1 million a year ago, on the back of disposal gains and higher contributions from overseas associates.

Broker's Calls

Wing Tai to enjoy Malaysia privatisation gains from FY18 onwards: CIMB

SINGAPORE (Aug 25): CIMB Research is maintaining its “add” recommendation on Wing Tai Holdings while lifting its target price to $2.32 from $2.05 previously, which is pegged at a 35% discount to  a revalued net asset value (RNAV) estimate of $3.57.


Wing Tai posts near-trebling of FY17 earnings to $20.1 mil

SINGAPORE (Aug 24): Property group Wing Tai Holdings has announced earnings of $20.1 million for the FY17 ended June, nearly triple from its earnings of $7.1 million in FY16 on lower distribution expenses and increased share of profits of associated and j