WTK

0.780

-0.005 (-0.6%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS W T K HOLDINGS BERHAD ("WTK" OR THE "COMPANY") (I) ACQUISITION OF 100.0% EQUITY INTEREST IN DESACORP SDN BHD; (II) ACQUISITION OF 70.0% EQUITY INTEREST IN IMBOK ENTERPRISE SDN BHD; AND (III) ACQUISITION OF 70.0% EQUITY INTEREST IN WTK OIL MILL SDN BHD, FROM A RELATED PARTY, W T K REALTY SDN BHD ("WTK REALTY") FOR A TOTAL CASH CONSIDERATION OF RM555.0 MILLION ("ACQUISITIONS")

WTK HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
W T K HOLDINGS BERHAD ("WTK" OR THE "COMPANY")

(I)	ACQUISITION OF 100.0% EQUITY INTEREST IN DESACORP SDN BHD;

(II)	ACQUISITION OF 70.0% EQUITY INTEREST IN IMBOK ENTERPRISE SDN BHD; AND

(III)	ACQUISITION OF 70.0% EQUITY INTEREST IN WTK OIL MILL SDN BHD,

FROM A RELATED PARTY, W T K REALTY SDN BHD ("WTK REALTY") FOR A TOTAL CASH CONSIDERATION OF RM555.0 MILLION ("ACQUISITIONS")

We refer to the previous announcements and the circular to shareholders dated 14 January 2026 in relation to the Acquisitions ("Circular"). Unless otherwise defined, the definitions set out in the Circular shall apply herein.

 

On behalf of the Board, UOBKH wishes to announce that the balance Purchase Consideration (amounting to RM499.50 million) has been effected and settled in full.

 

Pursuant thereto, the Acquisitions are deemed completed on 17 April 2026.

 

 

This announcement is dated 17 April 2026.



Announcement Info

Company Name WTK HOLDINGS BERHAD
Stock Name WTK
Date Announced 17 Apr 2026
Category General Announcement for PLC
Reference Number GA1-17042026-00039


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