| Type | Announcement |
|---|---|
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | WTEC GROUP BERHAD ("WTEC GROUP" OR "THE COMPANY")PROPOSED ACQUISITION BY WTEC SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WTEC GROUP, OF AN INDUSTRIAL BUILDING HELD UNDER HSD 116275, PT28724, MUKIM SEMENYIH, DAERAH ULU LANGAT, NEGERI SELANGOR DARUL EHSAN FOR A TOTAL PURCHASE CONSIDERATION OF RM10.80 MILLION ("PROPOSED ACQUISITION") |
On behalf of the Board of Directors of WTEC Group (“Board“), Alliance Islamic Bank Berhad (“AIS“) wishes to announce that WTEC Sdn Bhd (“WTEC” or “Purchaser“), a wholly-owned subsidiary of WTEC Group, had on 14 May 2026, entered into a sale and purchase agreement (“SPA” or the “Agreement“) with Athens Park Machineries Sdn Bhd (“APMSB” or “Vendor“) for the proposed acquisition of an industrial building held under HSD 116275, PT28724, Mukim Semenyih, Daerah Ulu Langat, Negeri Selangor Darul Ehsan (“Subject Property“) for a total purchase consideration of RM10,800,000 (“Purchase Consideration“) (“Proposed Acquisition“).
Kindly refer to the attachment below for further details.
This announcement is dated 14 May 2026.
Please refer attachment below.
1. WTEC Group – Announcement for the Proposed Acquisition.pdf
Announcement Info |
|---|
| Company Name | WTEC GROUP BERHAD |
|---|---|
| Stock Name | WTEC |
| Date Announced | 14 May 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14052026-00044 |