2 stories mentioning SGX:W05Updated 48d ago
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Wing Tai (SGX:W05) subsidiary, Winrich Investment, along with Metrobilt Construction, a unit of Metro Holdings (SGX:M01), incorporated a joint venture company named Winturf Investment, according to a Friday filing with the Singapore Exchange.The new venture will develop a land parcel on Dunearn Road, Singapore, as a residential property with a commercial component, the filing said.
Wing Tai (SGX:W05) subsidiary Winrich Investment and Metrobilt Construction were jointly awarded the tender by Singapore's Urban Redevelopment Authority for a leasehold land parcel located at Dunearn Road, according to a Monday filing with the Singapore Exchange.The site area is approximately 19,046 square meters and has a tender price of SG$533 million.Following the award, Winrich and Metrobilt will enter into a joint venture to develop the land for residential and commercial use, the filing stataed.
