Wing Tai

Wing Tai: announces that its subsidiary Winzen Invmt has been awarded the tender for a 70 yr leasehold land parcel F1-3 at Luodian New Town in Shanghai Baoshan District having an approx site area of 53.8 sm at a price of Rmb 533m. The site is slated for residential devt. The stock is +1.1% at $1.74, earlier hitting a new 2 yr high at $1.745.