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Just to share.
Wing Tai Holdings (SG) has 34.55% stack in Wing Tai Properties (HK). Looking at the most recent half-yearly report, the investment properties is valued at HK$20,364.4million. (HK$20,364.4 / 6.1 * 34.55% = S$1,153.4mil), and investment properties value for Wing Tai Holdings (SG) is S$576mil. So agar-agar, investment properties is worth S$2.1 per share for Wing Tai Holdings (SG)