Business

Takeover offer for Wing Tai Malaysia seen undervalued

By CECILIA
House of brands: At present, Wing Tai manages a portfolio of 12 international fashion brands, including Topshop, Topman, Dorothy Perkins, Miss Selfridge, Warehouse and Karen Millen, in Malaysia. In addition, the group’s 45 joint venture with Japan’s Fast Retailing Co Ltd currently operates 38 Uniqlo outlets in the country as well as an online store.

Second-largest shareholder dissatisfied with price

ON the face of it, the general offer for Wing Tai Malaysia Bhd seems like a compelling deal.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Wing Tai , takeover

Next In Business News
Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer
Infoline Tec subsidiary to purchase RM18.6mil factory buildings
PMW International ties up with STIDC for new Sarawak manufacturing facility
LSH unit secures Kuantan road upgrade contract
AIBIM: Islamic banking industry remains resilient amid Middle East uncertainties
Ringgit rises to 3.97 against US dollar at the close as US-Iran reaches ceasefire deal
Inta Bina bags RM32mil construction job
MNC Wireless to fund digital push with rights issue

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.