Wing Tai Holdings completes sale of Suzhou development unit for 21.7 million Singapore dollars

SGX Filings

Dec 10, 2025

Wing Tai Holdings Limited announced the completion of its divestment of 100% equity interest in Jiaxin (Suzhou) Property Development Co., Ltd. on Dec, 10 2025.

The transaction was executed through the group’s 75%-owned subsidiary, Suzhou Property Development Pte. Ltd., which signed a Share Transfer Agreement on Jul, 3 2025 to sell Jiaxin to Suzhou Wantai Tuode Enterprise Management Co., Ltd. for RMB119.2 million (about 21.7 million Singapore dollars) in cash.

Following the disposal, Jiaxin will no longer be a subsidiary of Wing Tai Holdings. The company said the deal was carried out in the ordinary course of business and is not expected to have a material effect on the group’s net asset value.

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