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Wing Tai surges on privatisation talk

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The stock of property developer Wing Tai Holdings shot up in active trading on Monday on speculation that the company could be a potential privatisation candidate.

Singapore

THE stock of property developer Wing Tai Holdings shot up in active trading on Monday on speculation that the company could be a potential privatisation candidate. It surged to S$2.12 before closing at S$2.11, for a net S$0.185 or 9.6 per cent gain. The volume of 13.5 million...

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