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WTEC Group Berhad is a Malaysia-based investment holding company. The Company, together with its subsidiaries, is primarily engaged in the manufacture and trading of foam and non-foam products, focusing on non-woven fabric products. Its foam products are used as input materials for the automotive and electrical and electronics (E&E) industries in Malaysia, and the E&E industry in Vietnam. Its automotive products include cushioning pads & die-cutting parts. Its E&E products include die-cutting materials, sealing, cushioning, and gasket. Its aviation products include aviation seat cushions. The Company also provides cleaning sponges for cleaning purposes, such as household, car wash, and others. Its non-woven fabric products primarily serve the automotive industry, medical and healthcare, hygiene and personal care, construction, and packaging. It also manufactures foam construction materials based on the general requirements of customers and end-users in the construction industry.
KUALA LUMPUR (April 17): Here is a brief recap of some corporate announcements that made the news on Friday.
MN Holdings Bhd (KL:MNHLDG) announced on Friday that it has secured a RM275.9 million contract to carry out electrical infrastructure works for a data cent...
WTEC Group Bhd (KL:WTEC), a foam and fabric products maker, plans to buy a detached factory with office property in Semenyih, Selangor, as part of its manufacturing operation consolidation plan.
PETALING JAYA: WTEC Group Bhd's wholly-owned subsidiary, WTEC Sdn Bhd, has proposed to purchase a detached factory with office from Athens Park Machineries Sdn Bhd for RM10.8mil.
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")
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")