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SCMP Reporter

TEXWINCA Holdings makes yarn and fabric products for sale to Hong Kong manufacturers and exporters.

 This time last year, brokerage Dharmala Securities placed a buy on the stock, saying the company had an ambitious expansion strategy.

 This proved sound advice as Texwinca shares surged after the company shelled out $150 million for the manufacturer of Baleno clothes.

 Twelve months ago, Texwinca shares traded at $1.35. They are now worth $2.60, having trounced the Hang Seng Index by 53.6 per cent.



TEXWINCA Holdings

Hang Seng Index