WTK disposes of timber subsidiary


PETALING JAYA: WTK Holdings Bhd is disposing of its entire stake in Sarawak-based timber company, Song Logging Co Sdn Bhd, to Huang Qian Wen for RM23.5mil.

In a filing with Bursa Malaysia, WTK said it is undergoing a strategic shift to focus on more commercially sustainable and profitable business segments.

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