WTK

0.890

(%)

Proposed disposal by Biogrow City Sdn Bhd and Bioworld Synergies Sdn Bhd, both of which are wholly owned subsidiaries of WTK, of 85% equity interest as well as preference shares in Biogrow City Plantations Sdn Bhd for a total cash consideration of RM90,000,000 ("Proposed Disposals")

WTK HOLDINGS BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-04062026-00003
Subject Proposed disposal by Biogrow City Sdn Bhd and Bioworld Synergies Sdn Bhd, both of which are wholly owned subsidiaries of WTK, of 85% equity interest as well as preference shares in Biogrow City Plantations Sdn Bhd for a total cash consideration of RM90,000,000 ("Proposed Disposals")
Description
W T K HOLDINGS BERHAD ("WTK" OR THE "COMPANY")

PROPOSED DISPOSAL BY BIOGROW CITY SDN. BHD. ("BCSB") AND BIOWORLD SYNERGIES SDN. BHD. ("BSSB"), BOTH OF WHICH ARE WHOLLY-OWNED SUBSIDIARIES OF WTK, OF 85% EQUITY INTEREST AS WELL AS PREFERENCE SHARES IN BIOGROW CITY PLANTATIONS SDN. BHD. ("BCPSB") FOR A TOTAL CASH CONSIDERATION OF RM90,000,000 ("PROPOSED DISPOSALS")
Query Letter Contents


Please refer attachment below.



Announcement Info

Company Name WTK HOLDINGS BERHAD
Stock Name WTK
Date Announced 05 Jun 2026
Category General Announcement for PLC
Reference Number GA1-05062026-00012