The Board of Directors of WTEC Group ("Board") wishes to announce that WTEC Sdn. Bhd., a wholly-owned subsidiary of the Company ("WTEC" or the "Purchaser") had on 17 April 2026 entered into a Letter of Offer to Purchase ("Letter of Offer") with Athens Park Machineries Sdn. Bhd. ("APMSB" or the "Vendor") for the proposed acquisition of a detached factory with office held under HSD 116275, PT28724, Mukim Semenyih, Daerah Ulu Langat, Negeri Selangor Darul Ehsan bearing postal address at No. 13, Jalan 6/9, Seksyen 6, Bandar Rinching, Mukim Semenyih, Daerah Hulu Langat, 43500, Selangor Darul Ehsan ("Property") for a total purchase consideration of RM10.80 million ("Purchase Consideration") ("Proposed Acquisition").
Please refer to the attachment for the details of this announcement.
This announcement is dated 17 April 2026.