Wing Tai Holdings Limited News

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1. 5/15/2013 12:00:00 AM STI edges up amid mixed news overseas
   published by The Straits Times
   The Straits Times STI edges up amid mixed news overseas p Central banks money printing real driving force behind market rallies /p THE local market stabilised and inched up yesterday amid mixed economic data from abroad Retail sales figures on Monday from the United States were better than expected On the other hand market watchers noted that recent economic data from China such as fixed-asset investments and industrial production had missed expectations But in recent months such economic developments have been only the sideshow with the billions of dollars worth of coordinated money printing from global central banks the real force driving up the stock market The benchmark Straits Times Index STI recovered from Monday's profit-taking to edge up 3.8 points or 0.11 per cent to 3,432.76 Elsewhere in the region Australian shares rose 0.2 per cent and South Korea gained 1 per cent but Hong Kong lost 0.3 per cent and Shanghai was down by 1.1 per cent.
   
2. 5/14/2013 6:18:00 AM Here's what boosted Wing Tai Holdings' 122% jump in net profit
   published by Singapore Business Review
   More residential launches seen this year. According to CIMB, Wing Tai Holdings' 3Q13 revenue and core net profit soared 256% and 122% yoy, respectively, mainly attributed to full recognition of Malaysian project, Verticas Residences upon completion and ...
   
3. 5/13/2013 10:43:00 AM Wing Tai’s Q3 profit up 123% to S$94.6 million
   published by Today Online
   15 min 47 sec ago SINGAPORE – Property developer Wing Tai Holdings on Monday reported third-quarter profit more than doubled from the corresponding period a year earlier, boosted by sales from residential projects in Singapore and Malaysia. Net profit for ...
   
4. 5/12/2013 3:21:00 PM A weekly update of key macroeconomic events, earnings releases and corporate actions in the global and Singapore markets
   published by Live Trading News
   . Date Event Sunday, 12 May - NIL- Monday, 13 May SG Earnings (16) Confirmed SG Earnings – City Developments Ltd SG Earnings – First Resources Ltd SG Earnings – Golden Agri-Resources Ltd SG Earnings – Pharmesis International Ltd SG ...
   
5. 5/10/2013 9:26:00 AM 33 Nassim Road: Singapore’s most expensive address
   published by Luxury Insider
   S$300 million (US$242 million), that is apparently the asking price for what might soon become the most expensive home in Singapore The home currently belongs to Cheng Wai Keung, the Chairman of Wing Tai Holdings. He is asking for about S$3000 per square ...
   
6. 5/9/2013 11:13:00 PM Sydney Luxury Housing Stirs as Stock Rally Lifts Confidence
   published by Bloomberg
   Sydney’s luxury-home market is reviving, with two harborside mansions -- one of which was offered for more than A$50 million ($51 million) -- selling in the past month and realtors reporting a jump in buyer inquiries. Publisher Deke Miskin and his ...
   
7. 5/9/2013 10:32:00 PM HwangDBS raises Wing Tai's target price
   published by Business Times Malaysia
   HwangDBS Vickers Research raised its target price on shares of property and garment retail company Wing Tai Malaysia Bhd to RM2.55 from RM2.10, citing a robust sales outlook. Wing Tai is "ripe for another big launch" in Malaysia's capital city, Kuala ...
   
8. 5/9/2013 10:21:00 PM STOCKS NEWS MALAYSIA-HwangDBS raises Wing Tai's target price
   published by Yahoo! UK and Ireland
   HwangDBS Vickers Research raised its target price on shares of property and garment retail company Wing Tai Malaysia Bhd to 2.55 ringgit from 2.10, citing a robust sales outlook. Wing Tai is "ripe for another big launch" in Malaysia's capital city, Kuala ...
   
9. 5/9/2013 7:32:00 PM Sydney’s Luxury-Home Sales Stir on Market Confidence
   published by Bloomberg
   Sydney’s luxury-home market is reviving, with two harborside mansions -- one of which was offered for more than A$50 million ($51 million) -- selling in the past month and realtors reporting a jump in buyer inquiries. Publisher Deke Miskin and his ...
   
10. 5/9/2013 6:49:00 PM Sydney’s Luxury-Home Sales Stir as Stock Rally Lifts Confidence
    published by Bloomberg
    Sydney’s luxury-home market is reviving, with two harborside mansions -- one of which was offered for more than A$50 million ($51 million) -- selling in the past month and realtors reporting a jump in buyer inquiries. Publisher Deke Miskin and his ...
    
11. 4/23/2013 1:33:00 AM Market for good class bungalows nowhere near $300m asking price
    published by Plush
    A high-profile bid by Wing Tai Holdings chairman Cheng Wai Keung to sell his Nassim Road bungalow for up to $300 million is not typical of the good-class bungalow (GCB) market. Sales volumes of these most posh of homes are fairly thin and other prices pale ...
    
12. 4/20/2013 12:00:00 AM Market for good class bungalows nowhere near $300m asking price
    published by The Straits Times
    The Straits Times Market for good class bungalows nowhere near $300m asking price A HIGH-PROFILE bid by Wing Tai Holdings chairman Cheng Wai Keung to sell his Nassim Road bungalow for up to $300 million is not typical of the good-class bungalow GCB market Sales volumes of these most posh of homes are fairly thin and other prices pale in comparison to the record price of up to $3,536 per sq ft psf he is asking for the vast 85,000 sq ft plot Only seven homes have been sold with a total value of $158.88 million so far this year in places such as the Thomson area a CBRE analysis showed The most expensive GCB to change hands was at Windsor Park Road at $1,401 psf or $27 million in total Analysts agree that the volume of transactions is unlikely to exceed last year's numbers Property consultancy CBRE's analysis found that a total of 54 GCBs were sold last year It expects 40 to 45 GCB sales this year translating to a total of $850 million to $950 million Neither individual prices nor the total sum for GCBs are anywhere near record numbers.
    
13. 4/18/2013 12:00:00 AM Singapore's most expensive private property
    published by Asian Pacific Post
    Singapores most expensive private property Asian Pacific Post Tycoon Cheng Wai Keungs plan to sell Singapores most expensive private property faces the dual challenge of additional government taxes designed to cool the market and restrictions limiting the sale to locals Wing Tai Holdings Ltd WINGT chairman Cheng is seeking a record 300mn 242mn for a home near the Orchard Road shopping belt The 85000 square foot site on.
    
14. 4/15/2013 10:33:00 AM Singapore bungalow could fetch record S$300million
    published by Overseas Property Professional
    A Singapore executive bungalow and grounds could fetch a record S$300million(US$242million/?195million) it is claimed. Cheng Wai Keung, Wing Tai Holdings chairman and the owner of the downtown property near Orchard Road hopes developers may buy the site and ...
    
15. 4/15/2013 1:51:00 AM Tycoon Tests Singapore Market With Priciest Home
    published by Bloomberg
    Tycoon Cheng Wai Keung’s plan to sell Singapore’s most expensive private property faces the dual challenge of additional government taxes designed to cool the market and restrictions limiting the sale to locals. Wing Tai Holdings Ltd. (WINGT) (WINGT) ...
    
16. 4/15/2013 12:00:00 AM Six more posh Nassim Hill homes up for sale
    published by The Straits Times
    The Straits Times Six more posh Nassim Hill homes up for sale p All in one lot they are expected to be sold for a total of up to $59m /p AFTER last week's buzz over a lavish Nassim Road bungalow on a vast plot with a price tag of up to $300 million the swanky neighbourhood is in the news again Another six posh homes in the Nassim Hill district are up for sale-all in one lot-with a total guide price of up to $59 million Developed by Shing Kwan and BBR Holdings the freehold project called 8 Nassim Hill is offering its remaining six unsold units for $58 million to $59 million-or between $2,400 per sq ft psf and $2,500 psf The portfolio up for bulk sale through an expression of interest comprises three penthouses and two townhouses of between 3,218 sq ft and 4,338 sq ft as well as a 5,759 sq ft corner townhouse Each of the six homes comes with a private swimming pool.
    
17. 4/14/2013 11:51:00 PM 4 sites providing 1,800 homes to be released for sale
    published by Asiaone
    Wing Tai chairman selling Nassim Road house for $300 million Singapore - Wing Tai Holdings chairman Cheng Wai Keung is selling a house with a pool and a tennis...
    
18. 4/14/2013 11:11:00 PM Tycoon Tests Singapore Market With Priciest Home at $242 Million
    published by Bloomberg
    Tycoon Cheng Wai Keung’s plan to sell Singapore’s most expensive private property faces the dual challenge of additional government taxes designed to cool the market and restrictions limiting the sale to locals. Wing Tai Holdings Ltd. (WINGT) (WINGT) ...
    
19. 4/14/2013 7:52:00 PM Tycoon Tests S'pore Market With US$242M Home
    published by Bloomberg
    Tycoon Cheng Wai Keung’s plan to sell Singapore’s most expensive private property faces the dual challenge of additional government taxes designed to cool the market and restrictions limiting the sale to locals. Wing Tai Holdings Ltd. (WINGT) Chairman Cheng ...
    
20. 4/14/2013 12:24:00 PM Tycoon Tests Singapore Market With Priciest Home: Southeast Asia
    published by Bloomberg
    Tycoon Cheng Wai Keung’s plan to sell Singapore’s most expensive private property faces the dual challenge of additional government taxes designed to cool the market and restrictions limiting the sale to locals. Wing Tai Holdings Ltd. (WINGT) Chairman Cheng ...