Our Journey
 Through Time

Winchamp Investment Pte. Ltd., a wholly-owned subsidiary of Wing Tai Holdings Limited, was awarded the Land Parcel at River Valley Green in the prime River Valley area

Winville Investment Pte. Ltd., a wholly-owned subsidiary of Wing Tai Holdings Limited, successfully tendered for the collective purchase of the leasehold Lakeside Apartments site at 9E & 9F Yuan Ching Road. The site is being developed into The LakeGarden Residences, a 306-unit sustainable residential project.

Wing Tai acquired the remaining 50% interest in 464-466 St Kilda Road and Brooklands Car Park, Units 112-218 at 23 Queens Road, in Melbourne, Australia.

Wing Tai completed its fourth acquisition in Australia with a freehold 8-level office building within the St Kilda office precinct, as part of a joint venture acquisition with partner Abacus Property Group.

Fund management unit established to invest in the Asia-Pacific region through core and core-plus, value-add strategies as well as through other investment options.

Wing Tai acquired freehold commercial building on Flinders Street in Melbourne’s central business district, Australia

USI Holdings Limited in Hong Kong was renamed Wing Tai Properties Limited (25 June) while DNP Holdings Berhad in Malaysia was renamed Wing Tai Malaysia Berhad (12 November).

Winsland House I at 3 Killiney Road, Singapore, became the new corporate HQ on 10 August.

Wing Tai led a real estate consortium comprising SEB Immobilien-Investment, Forum Partners and Eilam Group, to identify business opportunities for investments worth US$1 billion in China.

Wing Tai launched its hospitality business with Lanson Place Winsland House in Singapore and Ambassador Row, Kondominium No.8 in Kuala Lumpur, Malaysia, where it added Bukit Ceylon Serviced Residences in 2013. It further expanded to Hong Kong with boutique Lanson Place Hotel (2006) and to Shanghai and Beijing with Lanson Place Jinlin Tiandi (2005) and Lanson Place Central Park in Beijing (2008) respectively.

Mr Cheng Wai Keung took over as Chairman of the company and expanded the business into the hospitality and lifestyle sectors.

USI was listed on the Hong Kong Stock Exchange on November 1991. It offered 455,500,123 shares for subscription at an issue price of HK$0.50 per share.

Wing Tai became the first local garment company to be listed on the Stock Exchange of Singapore on 21 February 1989 as Wing Tai Holdings Limited. 40,000,000 new shares of $0.25 each were offered for subscription, at an issue price of S$1.25 per share.

A new nine-storey building was built at 105 Tampines Road, with a floor area of approximately 9,500 square metres. From the 1970s to 1980s, Wing Tai was among the largest garment manufacturers in Asia. From a modest single factory operation in 1963, Wing Tai expanded its garment manufacturing business to six factories in Singapore. These factories covered a total production area of 30,000 square metres and produced five million pieces of jeans, skirts, jackets and winter clothing annually. The factories also produced woven labels and sewing threads. In Malaysia, manufacturing activities were carried out in nine factories in Balik Pulau, Penang; Johor Bahru, Johor; Parit Buntar, Ipoh and Kuala Kangsar in Perak; Kangar, Perlis; Kota Bahru, Kelantan. These factories covered a total production area of 65,000 square metres and produced 12 million pieces of garment including jeans, skirts, shorts, jackets, blouses, shirts and knitted sweaters. Wing Tai employed over 3,000 workers in Singapore and over 10,000 in Malaysia. By 1989, there were 20 factories in Singapore, Malaysia, Hong Kong, Tunisia, China, Myanmar and Sri Lanka. Its garment products were sold to more than 13 markets, including the US, Europe and Hong Kong.

Wing Tai was the first private company to secure government funding to set up an in-house textile and garment industry training centre. The initiative was supported by TGMAS (Textile and Garment Manufacturing Association of Singapore) and funded by SDF (Skills Development Fund). A staunch supporter of the NTUC BEST programme, Wing Tai was the very first to respond to the call to have its group of manufacturing companies start the in-plant BEST programme in 1982. Staff were given lessons in English and Mathematics, with teachers sponsored and brought in to conduct over 30 courses for different levels. They were also provided training for higher technical and supervisory skills.

Dragon & Phoenix Berhad became a public-listed company in 1979. It offered 5,394,000 new shares for subscription at an issue price of RM1.00 per share.

Dragon & Phoenix Manufactory Sendirian Berhad (DNP) converted to a public company in August 1975 and was renamed Dragon & Phoenix Berhad in the same year.

From Little Road, the factory moved to a larger factory at 105 Tampines Road in quest for expansion.

To meet escalating worldwide demand, another garment manufacturing subsidiary, DNP was set up in Malaysia. DNP became a successful garment manufacturer and exported high quality products from Malaysia to many advanced countries in the world.

On 9 August 1963, The Wing Tai Garment Manufactory (Singapore) Limited was established to meet growing industry demand. It quickly gained a reputation for excellence, and was awarded fiscal incentives through the Pioneer Status Scheme from 1963 to 1968 by the Singapore Government. It was the first factory to produce jeans in Singapore. The opening of the factory at Little Road was officiated on 18 September 1963 by the late Dr Goh Keng Swee, Singapore’s Finance Minister. About 200 workers were employed then.