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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , Wing Tai , takeover

   

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