OSK Research has maintained its 'buy' call on Wing Tai Malaysia Bhd with a target price of RM2.06.
Over the years, Wing Tai has successfully transformed itself from a garment manufacturer to an established property developer and an apparel retailing group.
"We like Wing Tai for its ability to tap into its parent company's extensive networks in Malaysia, Singapore, Hong Kong and China," OSK Research said in a research note today.
OSK Research said the company also has a reputation as a premier modern property developer in Kuala Lumpur and Penang, and tremendous growth potential in its apparel retailing, especially Uniqlo, one of Japan's top fashion wear brands. -- Bernama
No comments:
Post a Comment