【WIDAD 0162】（前名 IJACOBS）

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Type	Announcement
Subject	OTHERS
Description	WIDAD GROUP BERHAD ("WIDAD" OR "COMPANY")LETTER OF AWARD AND ACCEPTANCE AS CONTRACTOR FOR CONSTRUCTION AND COMPLETION OF EARTHWORKS FOR MIXED DEVELOPMENT IN LANGKASUKA, LANGKAWI
1. INTRODUCTION The Board of Directors of Widad Group Berhad (“Widad” or “Company”) is pleased to announce that its wholly-owned subsidiary, Widad Builders Sdn. Bhd (“WBSB”) has on 12 September 2022 accepted a Letter of Award and Acceptance (“LOA”) from Langkasuka Land Sdn. Bhd. (“LLSB”) appointing WBSB as the contractor for the construction and completion of earthworks for mixed development in Langkasuka, Langkawi (“the Project”). Pursuant to the LOA, the scope of works shall cover the execution and completion of the site clearance and earthworks, retaining wall, the environment protection works and any associated works which is necessary for the completion of the Project. WBSB is a wholly-owned subsidiary of Widad Business Group Sdn Bhd (“WBG”), which in turn is a substantial shareholder and parent company of Widad. WBSB is principally involved in construction and integrated facilities management activities. 2. VALUE AND DURATION OF THE CONTRACT, LIQUIDATED AND ASCERTAIN DAMAGES   The total contract value of the Project shall be based on a sum value of RM40,000,000.00 only and the contract period shall be as follows. Contract period                            :           Ten (10) months Date of possession of site           :           22 September 2022 Date of completion                      :           22 July 2023 Should WBSB fail to complete the Project by the agreed time period or any extended time granted, the amount of RM3,000.00 per day as liquidated and ascertained damages for the period during which the Project remain incomplete shall be imposed. 3. FINANCIAL EFFECTS The Project will not have any impact on the issued share capital and substantial shareholders’ shareholdings of Widad and is expected to contribute positively to the earnings and net assets of Widad and its group of companies (“Widad Group” or the “Group”) over the duration of the Project. The Project is expected to be funded via internally generated funds and external borrowings. 4. RISK FACTORS The Project is subjected to normal construction risk of materials price fluctuation and subcontractors’ performance. However, based on past experiences and expertise in undertaking construction projects, the risks could be mitigated. 5. APPROVAL REQUIRED The Project does not require approval from the shareholders of Widad or other relevant authorities. 6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the directors, major shareholders of Widad and/or persons connected with them have any interest, whether direct or indirect, in the Project. 7. STATEMENT BY DIRECTORS The Board of Directors of Widad is of the opinion that the Project is in the best interests of Widad Group. This announcement is dated 12 September 2022.

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Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 309,645,300 NEW ORDINARY SHARES IN WIDAD
On behalf of the Board of Directors of Widad (“Board”), M & A Securities Sdn Bhd (“M & A Securities”) wishes to announce that the Company proposes to undertake a private placement exercise of up to 309,645,300 new ordinary shares in Widad (“Widad Shares” or “Shares”), representing not more than 10.00% of the existing total number of issued ordinary shares in Widad, to independent investor(s) to be identified and at an issue price to be determined at a later date (“Proposed Private Placement”). Please refer to the attachment for further details on the Proposed Private Placement. This announcement is dated 5 August 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3470872

Attachments Widad - Proposed Private Placement dated 5 August 2024.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2024	30 Jun 2023	30 Jun 2024	30 Jun 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	19,261	30,853	49,000	93,634
2	Profit/(loss) before tax	-2,050	350	-4,725	981
3	Profit/(loss) for the period	-2,982	344	-7,291	972
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,982	344	-7,291	972
5	Basic earnings/(loss) per share (Subunit)	-0.10	0.01	-0.24	0.03
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.1400		0.1400

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Type	Announcement
Subject	OTHERS
Description	WIDAD GROUP BERHAD ("WIDAD" OR "COMPANY")EXECUTION OF HEADS OF AGREEMENT ("HOA") BY WIDAD AND GUPER BONDED WAREHOUSE SDN. BHD. IN RESPECT OF THE PROPOSED ACQUISITION OF LAND.
The Board of Directors of Widad wishes to announce that the Company has on 11 September 2024 entered into a HOA with Guper Bonded Warehouse Sdn. Bhd. ("the Vendor") in relation to the acquisition of five (5) adjoining parcels of vacant industrial land measuring approximately 56,231 square metres in aggregate held under respective freehold individual titles (“Land”) being stipulated under Appendix I enclosed herein (“Proposed Acquisition”) at the purchase price to be determined later by Widad and the Vendor (hereinafter referred to as the “Purchase Price”), upon the terms and conditions contained in the HOA and subject to the terms and conditions as may be determined in the sale purchase agreement (“SPA”) (hereinafter referred to as the “Proposed Sale and Purchase”). Please refer to the attachment for further information. This announcement is dated 11 September 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482953

Attachments WIDAD - Execution of Heads of Agreement.pdf

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icy97 发表于 19-8-2024 04:48 PM
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_det ...

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 309,645,300 NEW ORDINARY SHARES IN WIDAD
(Unless otherwise defined, the definitions set out in the announcement dated 5 August 2023 and 30 August 2024 in relation to the Proposed Private Placement (“Announcements”) shall apply herein.) On behalf of the Board, M&A Securities wishes to announce additional information in relation to the Proposed Private Placement. Please refer to the attachment for further details on the Proposed Private Placement. This announcement is dated 20 September 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3485149

Attachments Widad Group Berhad - Additional Announcement dated 20 September 2024.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2024	31 Dec 2023	31 Dec 2024	31 Dec 2023
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	60,085	80,354	137,736	230,612
2	Profit/(loss) before tax	-12,152	-9,631	-18,550	-14,050
3	Profit/(loss) for the period	-14,470	-9,909	-23,900	-16,632
4	Profit/(loss) attributable to ordinary equity holders of the parent	-14,465	-9,903	-23,895	-16,626
5	Basic earnings/(loss) per share (Subunit)	-0.07	-0.33	-0.30	-0.56
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent	0.1400		0.1500

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WIDAD GROUP BERHAD

Date of change	01 Mar 2025
Name	MR NOR AZLAN BIN ZAINAL
Age	55
Gender	Male
Nationality	Malaysia
Type of change	Appointment
Designation	Group Chief Executive Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Accounting Malaysia Institute of Accounting ("MIA") Member of MIA 2 Degree Accounting MARA University of Technology
Working experience and occupation	NIL
Directorships in public companies and listed issuers (if any)	MIKRO MSC BERHAD
Family relationship with any director and/or major shareholder of the listed issuer	NIL
Any conflict of interests that he/she has with the listed issuer	NIL
Details of any interest in the securities of the listed issuer or its subsidiaries	NIL

icy97

icy97 发表于 20-9-2024 04:15 AM
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_det ...

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	WIDAD GROUP BERHAD ("WIDAD" OR "COMPANY")(I)        PROPOSED ACQUISITION;(II)        PROPOSED DIVERSIFICATION; AND(III)        PROPOSED SHARE CONSOLIDATION(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Reference is made to the Company’s announcements dated 11 September 2024 and 10 March 2025 in relation to the heads of agreement between Widad and Guper Bonded Warehouse Sdn Bhd (“GBW” or “Vendor”) for the proposed acquisition of several parcels of vacant industrial land in Nilai, Negeri Sembilan. Following the above, Inter-Pacific Securities Sdn Bhd (“Interpac”) wishes to announce, on behalf of the Board of Directors of the Company (“Board”), that Widad Development (Nilai) Sdn Bhd (formerly known as Widad Rail Sdn Bhd) (“WDN” or “Purchaser”), a wholly-owned subsidiary of Widad, had on 17 April 2025 entered into a conditional sale and purchase agreement (“SPA”) with GBW to acquire 4 adjoining parcels of freehold vacant industrial land measuring approximately 10.395 acres located in Bandar Nilai Utama, Daerah Seremban, Negeri Sembilan (“Subject Land”) for a total consideration of RM31.30 million (“Purchase Consideration”) to be satisfied entirely via the issuance of 993,650,794 new ordinary shares in Widad (“Widad Shares” or “Shares”) at an issue price of RM0.0315 per Share (“Consideration Shares”) (“Proposed Acquisition”). In conjunction with the above, Widad also proposes to undertake the following proposals: (i)         diversification of the existing business of Widad and its subsidiaries (“Widad Group” or the “Group”) to include the business of property development (“Property Development Business”) (“Proposed Diversification”); and (ii)        consolidation of every 10 existing Shares into 1 Share (“Consolidated Share”) (“Proposed Share Consolidation”). The Proposed Acquisition, Proposed Diversification and Proposed Share Consolidation shall collectively be referred to as the “Proposals”. Please refer to the attachment for further details on the Proposals. This announcement is dated 17 April 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3544693

Attachments Widad - Proposals (17 April 2025).pdf

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY")- DISPOSAL OF PROPERTY BY WIDAD BUILDERS SDN BHD ("WBSB") , A WHOLLY-OWNED SUBSIDIARY OF WIDAD
The Board of Directors (“Board”) of Widad wishes to announce that WBSB has on 28 April 2025 entered into a sale and purchase agreement (“SPA”) with Richfield Builder (M) Sdn Bhd (“RBSB” or the “Purchaser”) for the disposal of the Property for a total consideration of RM41,500,000.00. Please refer to the attachment for further information. This announcement is dated 28 April 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3548209

Attachments Widad Group Berhad - Announcement Disposal of Property by Widad Builder Sdn Bhd (28-4-2025).pdf

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Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-29042025-00001
Subject	DISPOSAL BY WIDAD BUILDERS SDN BHD ("WBSB"), A WHOLLY-OWNED SUBSIDIARY OF WIDAD GROUP BERHAD ("WIDAD"), OF A 12-STOREY OFFICE BUILDING INCLUSIVE OF 6 LEVELS OF ELEVATED CAR PARKS ("PROPERTY") TO RICHFIELD BUILDER (M) SDN BHD ("RBSB) FOR A TOTAL CONSIDERATION OF RM41,500,000 ("DISPOSAL")
Description	DISPOSAL BY WIDAD BUILDERS SDN BHD ("WBSB"), A WHOLLY-OWNED SUBSIDIARY OF WIDAD GROUP BERHAD ("WIDAD"), OF A 12-STOREY OFFICE BUILDING INCLUSIVE OF 6 LEVELS OF ELEVATED CAR PARKS ("PROPERTY") TO RICHFIELD BUILDER (M) SDN BHD ("RBSB) FOR A TOTAL CONSIDERATION OF RM41,500,000 ("DISPOSAL")
Query Letter Contents	We refer to your Company’s announcement dated 28 April 2025, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. The existing use of the Property. If currently let out, the details of the rentals and the rental income or expected rental income per month or per annum. 2. Particulars of any liabilities, including contingent liabilities, in relation to the Disposal which remain with WBSB/WIDAD, together with the details and justification for such arrangements. 3. Particulars of any guarantees given by WBSB/WIDAD to RBSB. 4. With regards to the Property, the following information: (a) the amount of lettable space; (b) the amount of lettable space available for letting and the occupancy; and (c) the percentage of occupancy. 5. The breakdown of the intended application of the sale proceeds between settlement of borrowings and working capital, and the timeframe for full utilisation of sale proceeds. 6. The risks in relation to the Disposal. 7. The effect of the Disposal on the earnings per share, net assets per share and gearing in tabular form. 8. Direct and indirect shareholdings of the directors and substantial shareholders of RBSB in RBSB. 9. Whether the Disposal is subject to approval of the  relevant government authorities, and if so the estimated time frame for submission of the application to such authorities.
(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcement dated 28 April 2025 in relation to the Disposal) Reference is made to the Announcement pertaining to the Disposal of Property by Widad Builders Sdn Bhd, a wholly-owned subsidiary of Widad, the Board wishes to announce the following additional information. Please refer to the attachment for additional information. This announcement is dated 30 April 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3549944

Attachments Widad Group Berhad - Additional Information.pdf