Hanton Capital Limited ("HCL") has on 18 October 2018 entered into a Share Sale and Purchase Agreement with Tan Sri Dato' Surin Upatkoon on the acquisition of 99.99% shareholding interest in Pinjaya Sdn Bhd ("Pinjaya") of which Pinjaya is the substantial shareholder of MWE Holdings Berhad ("MWE") and in turn MWE is a substantial shareholder of the WCE Holdings Berhad ("WCE").
HCL is deemed to have indirect interest in the WCE shares held through Pinjaya.