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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Others Also Read