Staff Reporter
                
                                                                                    
      
      
      
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                    Logo from WingTai 
             
     
    
            
     
    
    
        The acquisition will not have a material impact on the group’s net asset value.
Wing Tai Holdings Limited’s wholly-owned subsidiary, Wincrown, has acquired  11-27 Tavistock Place, Melbourne, Victoria 3000, for $24.7m (AUD28m).
Wing Tai acquired the property from CitiPower and has completed the acquisition. 
In a bourse filing, the company said it does not expect the acquisition to have a material impact on the group’s net asset value. 
1 SGD = 1.13 AUD
  
      
    
    
    
                                                                                                                                                
    
    
                     
                                                                                                                                                 
    
    
                     
                                                                                                                                                
     
    
                                
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