On behalf of the Board of Directors of WTEC Group ("Board"), Alliance Islamic Bank Berhad ("AIS") wishes to announce that WTEC Sdn Bhd ("WTEC" or "Purchaser"), a wholly-owned subsidiary of WTEC Group, had on 14 May 2026, entered into a sale and purchase agreement ("SPA" or the "Agreement") with Athens Park Machineries Sdn Bhd ("APMSB" or "Vendor") for the proposed acquisition of an industrial building held under HSD 116275, PT28724, Mukim Semenyih, Daerah Ulu Langat, Negeri Selangor Darul Ehsan ("Subject Property") for a total purchase consideration of RM10,800,000 ("Purchase Consideration") ("Proposed Acquisition").
Please refer to the attachment for the details of this announcement.
This announcement is dated 14 May 2026.