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 | |
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(The definitions used in this announcement shall have the same meanings as that used in the announcement made on 29 May 2026 ("Announcement") unless stated otherwise.)
We refer to the Announcement and the letter from Bursa Malaysia Securities Berhad dated 4 June 2026 with reference no. IQL-04062026-00003 requesting for additional information on the Proposed Disposals, details as outlined in the file as attached.
This announcement is dated 5 June 2026. |
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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 |