Wing Tai Holdings Limited said on Mar, 18 2026 that its wholly owned subsidiary, Wing Kiara Sdn. Bhd., has purchased a 11,092-square-metre freehold land parcel in Mont Kiara, Kuala Lumpur, for a total consideration of 45 million Singapore dollars.
The acquisition, completed on Mar, 16 2026, was made under a Sale & Purchase Agreement with Puncak Melati Sdn. Bhd. Wing Tai Holdings stated that the transaction was conducted on a willing-buyer, willing-seller basis and forms part of its ordinary course of business.
Following the deal, Wing Kiara plans to develop the site into a residential project for sale.