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Widad to expand facilities management business into defence industry via RM35m acquisition


Widad to expand facilities management business into defence industry via RM35m acquisition
Justin Lim
© Provided by The Edge
KUALA LUMPUR (April 14):  Widad Group Bhd has proposed the acquisition of a firm for RM35 million cash, which will expand the group s integrated facilities management service offerings into the defence industry.
In a bourse filing, Widad said its wholly-owned subsidiary Widad Capital Sdn Bhd has signed a heads of agreement to acquire Palm Shore Holdings Sdn Bhd (PSHSB) from Nawawi Tamby and Mohd Ghauth Mohd Yusoff, who hold 70% and 30% stakes in the firm.
“It represents a strategic opportunity for Widad Group to strengthen its remaining order book from approximately RM1.2 billion currently to RM1.5 billion post proposed acquisition, and diversify its service offerings into the defence industry,” the group  added. ....

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Widad to acquire Royal Navy training centre maintenance firm in Johor for RM35mil

Widad to acquire Royal Navy training centre maintenance firm in Johor for RM35mil
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Kuala Lumpur , Nawawi Tamby , Mohd Ghauth Yusoff , Palm Shore Holdings Sdn Bhd , Royal Malaysian Navy At Sungai Lunchoo , Widad Group Bhd , Widad Group , Royal Malaysian Navy , Sungai Lunchoo , Bursa Malaysia , குவாலா லம்பூர் , அரச மலேசியன் கடற்படை ,

What could have possibly fuelled the powerful Dataprep rally?


KUALA LUMPUR (March 17): It is not exaggerated at all to describe the rally in Dataprep Holdings Bhd s share price as being far more powerful than that experienced by the glove makers and the technology counters on Bursa Malaysia.
It took several months for Top Glove Corp Bhd s share price to triple. However, Dataprep soared 23-fold from 16.5 sen on Feb 11 to a 20-year high of RM3.79 on Monday in slightly more than a month after trading below 50 sen over the past 15 years for the majority of the time since 2005.
The ICT solution provider retreated on Tuesday, falling 11.61% or 44 sen to RM3.35, with some 65.57 million shares changing hands. Still, it has rocketed over 20 times. ....

Kuala Lumpur , Sdn Bhd , Muhammad Ikmal , Dataprep Holdings Bhd , Widad Business Group Sdn Bhd , Top Glove Corp Bhd , Widad Group Bhd , Asia Coding Centre Sdn Bhd , Associates Sdn Bhd , Kementerian Kesihatan Malaysia Ministry Of Health , Bursa Malaysia , Wardah Communication Sdn , Wardah Communication , Tan Sri Muhammad Ikmal Opat Abdullah , Widad Group , Kementerian Kesihatan Malaysia , Asia Coding , குவாலா லம்பூர் , ஸ்டன் ப்ட் , மேல் கையுறை கார்ப் ப்ட் , ஆசியா குறியீட்டு முறை மையம் ஸ்டன் ப்ட் , கூட்டாளிகள் ஸ்டன் ப்ட் , ஆசியா குறியீட்டு முறை ,

Widad Group partners German outfit to seek, bid for hydro projects in Malaysia


KUALA LUMPUR (Feb 16): Widad Business Group Bhd is partnering with German manufacturer Voith Hydro GmbH & Co KG to seek and bid for hydro projects in Malaysia.
In a statement today, the group said it had entered into a memorandum of collaboration (MoC) with Voith Hydro in order to pave the path for the two organisations to focus on and foster collaboration in mutual beneficial opportunities in Malaysia.
It said all new contracts will be passed down to its listed subsidiary Widad Group Berhad.
Voith Hydro is a German manufacturer and industrial partner for power plant operators worldwide whereby a quarter of the energy generated worldwide from hydropower is produced with turbines and generators from Voith Hydro. ....

Kuala Lumpur , Markus Kaufmann , Widad Langkasuka , Widad Group , Widad Group Bhd , Voith Hydro Gmbh Co , Voith Hydro Gmbh , Voith Hydro , Tan Sri Muhammad Ikmal Opat Abdullah , குவாலா லம்பூர் , மார்கஸ் காஃப்மந் ,

Widad expands client portfolio in renewable energy


has entered into a memorandum of collaboration (MOC) with Motion Ventures Sdn Bhd for the provision of facilities management to renewable energy projects in Peninsular Malaysia.
The solar power facilities comprise community solar projects and large-scale photovoltaic plants with a total capacity of 1,000MW, it said in a statement issued today.
The collaboration is expected to enhance its integrated facilities management service offerins and potentially expand the company s revenue and customer base.
“Having considered all the relevant aspects including the rationale and effects of the MOC, the Board of Directors of Widad is of the opinion that the MOC is in the best interests of Widad Group,” said Widad Group managing director Datuk Mohd Rizal Mohd Jaafar. ....

Kuala Lumpur , Peninsular Malaysia , Malaysia General , Sdn Bhd , Widad Group , Widad Group Bhd , Renewable Energy Power Purchase Agreement , Motion Ventures Sdn Bhd , Datuk Mohd Rizal , Renewable Energy Power Purchase , குவாலா லம்பூர் , தீபகற்பம் மலேசியா , மலேசியா ஜநரல் , ஸ்டன் ப்ட் , இயக்கம் முயற்சிகள் ஸ்டன் ப்ட் , புதுப்பிக்கத்தக்க ஆற்றல் பவர் கொள்முதல் ,