Acquisition solidifies group’s move into O&G industry


KUCHING: WTK Holdings Bhd’s diversification into the oil and gas (O&G) industry has become a reality with the acquisition of Alanya Marine Ventures Sdn Bhd (AMV) for RM94.58mil.

The acquisition was completed on Dec 23 following full payment made to AMV shareholders, the Sibu-based timber firm said in a filing with Bursa Malaysia.

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