Professional
Added to YB: 2025-03-31
Pitch date: 2025-03-28
W05.SI [neutral]
Wing Tai Holdings Limited
+22.67%
current return
Author Info
No bio for this author
Company Info
Wing Tai Holdings Limited, an investment holding company, engages in the property investment and development business in Singapore, Malaysia, Australia, Japan, and China.
Market Cap
SGD 907.9M
Pitch Price
SGD 1.17
Price Target
N/A
Dividend
2.52%
EV/EBITDA
-33.20
P/E
-8.61
EV/Sales
8.87
Sector
Real Estate Management and Development
Category
N/A
McElvaine Value Fund Portfolio Holding: Wing Tai Holdings Limited
W05.SI (holding update): Wing Tai Holdings subsidiary Wintaai acquired Texas insurer Feb 2025, now has 3 insurance ops (LA workers comp, FL, TX). Private co valued at 1.1x adj book value (potentially conservative). A- AM Best rating for solid balance sheet & excellent underwriting. Growing investment float.
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