MEMORANDUM OF UNDERSTANDING WTEC GROUP BERHAD ("WTEC GROUP" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN THE COMPANY AND JIANGSU CHENGFENG NEW MATERIALS CO., LTD

WTEC GROUP BERHAD
TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionWTEC GROUP BERHAD ("WTEC GROUP" OR "COMPANY") - UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING BETWEEN WTEC GROUP AND JIANGSU CHENGFENG NEW MATERIALS CO., LTD

Unless otherwise defined, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcements dated 29 April 2025, 27 August 2025 and 26 November 2025 in relation to the MOU entered into between the Company and Jiangsu ChengFeng New Materials Co., Ltd.

Following the MOU entered into between the Company and Jiangsu ChengFeng New Materials Co., Ltd., the Board of Directors of the Company wishes to announce that the Company, through its wholly-owned subsidiary, WTEC Sdn Bhd, has on 30 December 2025 entered into a Sales Framework Agreement with GuangDong ShiFeng New Materials Co., Ltd., a wholly-owned subsidiary of Jiangsu ChengFeng New Materials Co., Ltd in relation to the purchase and supply of polyurethane foam.

Please refer to the attachment for further details.

This announcement is dated 30 December 2025.

Please refer attachment below.

1. WTEC Group Berhad – SFA between WTEC SB and GDSF.pdf

Announcement Info
Company NameWTEC GROUP BERHAD
Stock NameWTEC
Date Announced30 December 2025
CategoryGeneral Announcement for PLC
Reference NumberGA1-29122025-00058

Teresa Tan Siew Kuan

Madam Teresa Tan Siew Kuan holds a Bachelor of Economics from the University of Adelaide, Australia, and is a member of the Malaysian Institute of Accountants as well as a Fellow of Certified Practising Accountants, Australia (FCPA).

She brings over 30 years of experience across audit, taxation, corporate finance and investment banking. She began her career in 1992 in audit with Kassim Chan & Co (now Deloitte PLT), before gaining tax experience with Coopers & Lybrand (now PricewaterhouseCoopers). She subsequently built a career in corporate finance and advisory with Malaysian International Merchant Bankers Berhad (now Hong Leong Investment Bank Berhad) and Kenanga Investment Bank Berhad, where she advised corporate and institutional clients, including public listed companies.

She later transitioned into academia as a lecturer in accounting and auditing, before returning to the financial services industry in business development roles. She
subsequently served as Chief Financial Officer of TT Vision Holdings Berhad from 2017 to 2019, where she was involved in overseeing the company’s listing on the LEAP Market of Bursa Malaysia Securities Berhad.

She currently provides business and management consultancy services. She is also an Independent NonExecutive Director of IQ Group Holdings Berhad as well as
BWYS Group Berhad.