OTHERS W T K Holdings Berhad ("WTK" or "the Company") -Clarification on articles appearing in The Edge Malaysia on 30 May 2016 entitled "Family feud rocks Sarawak's WTK" and on 6 June 2016 entitled "WTK Holdings' top brass allays concerns over family tussle"
WTK HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description

W T K Holdings Berhad ("WTK" or "the Company")
-Clarification on articles appearing in The Edge Malaysia on 30 May 2016 entitled "Family feud rocks Sarawak's WTK" and on 6 June 2016 entitled "WTK Holdings' top brass allays concerns over family tussle"

Reference is made to the aforesaid articles appearing in The Edge Malaysia, on 30 May 2016 and 6 June 2016 in relation to the ongoing family tussle of Pemanca Datuk Wong Kie Yik and Mr Wong Kie Chie, both who are directors and substantial shareholders of WTK with Datin Kathryn Ma and her family.

Please be informed that :-

a) the litigation reported in the aforesaid articles is between the families of Pemanca Datuk Wong Kie Yik and Mr Wong Kie Chie with the family of Datin Kathryn Ma; and

b) the Company and its group of companies is not party to nor is involved in any of the litigation mentioned in the aforesaid articles.

The Company will make the necessary announcements in the event the aforesaid litigation has an impact on the Company.

This announcement is dated 7 June 2016.

Just buy it and wait money come..

All fundamental figure looks good and undervalue, but 34 court case within family members, their management can be trusted or not? or they just take care on their own benefit only?

（吉隆坡31日訊）已故砂州知名企業家及富商拿督斯里黃傳寬一手創辦的木業王朝正處多事之秋，黃傳寬控股（WTK，4243，主要板工業）旗下黃傳寬房地產私人有限公司目前涉及多達34宗錯綜複雜的股權糾紛案件，當中更有家族成員被指以欺詐手法騙取股權。

財經週刊《The Edge》報導，由于各持己見，上述所有案件正在詩巫高庭審理，當中涉及多宗起訴及反訴案件，部份更多是私人恩怨，有些還被拖延長達至少3年，迄今仍無法和解。


黃傳寬房地產是黃氏家族私人投資公司，持有黃傳寬控股13.6%股權。

上述家族糾紛始于黃傳寬次子，也是黃傳寬控股前總執行長黃啟耐于2013年3月11日逝世開始。

黃啟耐是黃傳寬房地產大股東，持有49.8%股權，其子黃豪良（譯音）則持股4.88%，黃啟耐及兒子總持股權共54.68%。

黃傳寬控股主席邦曼查拿督黃啟曄（76歲）及非執行董事黃啟哲（譯音）則分別持有黃傳寬房地產公司22.66%股權或817萬股，當中有525萬股被指是以非法手段從黃啟耐處騙取。

但黃啟曄及黃啟哲也指責，黃啟耐手中有125萬股是于2004年8月從父親黃傳寬手中不法騙取，因此在2013年3月28日將黃啟耐遺孀馬蔚鳳（譯音，黃啟耐的遺產執行人）及黃傳寬房地產告上法庭，要求法庭判處2007年9月28日發給黃啟耐的400萬股無效，因為該批股權並沒有在常年股東大會上尋求審批。

（吉隆坡31日訊）已故砂州知名企業家及富商拿督斯里黃傳寬一手創辦的木業王朝正處多事之秋，黃傳寬控股（WTK，4243，主要板工業）旗下黃傳寬房地產私人有限公司目前涉及多達34宗錯綜複雜的股權糾紛案件，當中更有家族成員被指以欺詐手法騙取股權。

財經週刊《The Edge》報導，由于各持己見，上述所有案件正在詩巫高庭審理，當中涉及多宗起訴及反訴案件，部份更多是私人恩怨，有些還被拖延長達至少3年，迄今仍無法和解。


黃傳寬房地產是黃氏家族私人投資公司，持有黃傳寬控股13.6%股權。

上述家族糾紛始于黃傳寬次子，也是黃傳寬控股前總執行長黃啟耐于2013年3月11日逝世開始。

黃啟耐是黃傳寬房地產大股東，持有49.8%股權，其子黃豪良（譯音）則持股4.88%，黃啟耐及兒子總持股權共54.68%。

黃傳寬控股主席邦曼查拿督黃啟曄（76歲）及非執行董事黃啟哲（譯音）則分別持有黃傳寬房地產公司22.66%股權或817萬股，當中有525萬股被指是以非法手段從黃啟耐處騙取。

但黃啟曄及黃啟哲也指責，黃啟耐手中有125萬股是于2004年8月從父親黃傳寬手中不法騙取，因此在2013年3月28日將黃啟耐遺孀馬蔚鳳（譯音，黃啟耐的遺產執行人）及黃傳寬房地產告上法庭，要求法庭判處2007年9月28日發給黃啟耐的400萬股無效，因為該批股權並沒有在常年股東大會上尋求審批。

Oil & Gas from positive to negative d

Oh No..so bad Q1 report..EPS 3 cents pun tak ada...

A lots blogger and subscribe group keep ask buy call on WTK, be careful become another FLBHD

Q1 Eps only 3.39 cents..tomorrow will rebound or not?

This two days too many small retails investor like us interested on this stock..everyone hope will rebound..

Hints for coming QR..tomorrow expect another drop..

Big trouble in timber stock..Taann, Jtiasa...& WTK

Tomorrow drop another 30 cents then buy it

Seem like a lot ppl stuck in Sarawak counter

Lowest PE compare with others 3 glove stocks..

Down trend now, don't put all your capital in this turtle stock

Very well analysis, thanks your sharing!

Agreed ff13lightning statement, current Hartalega might not equal to pe growth, their advantage on nitrile gloves become less compare with few years ago..

EPF everyday buy and sell so many shares, i don't think it can be a signal to prove that glove stocks will push to extreme higher price..But Harta was oversold now..rebound coming by next week..

I heard Harta lost one key customer which revenue RM35million / year..is it real??

Strong support 3.80-3.90...time to take a look..

Usd almost back to 4.00...export theme play coming soon again..

Matured oil palm tree just 4-5K hectare..need 10-15K will bring significant profit and price must above rm2.5k...be patient wait...

Fully value..not a right time to buy now..

Good company..but need keep for long term

lcng123..i already mentioned based on latest annual report..cold eye sold and reduced his stake in WTK..please study yourself..if u not believe then just ignore my comment..i have my right to sharing here..TQ

冷眼start selling his share in WTK..based on latest annual report..now left around 4400K units..maybe he start sell it since last month..

Below Rm1.25 just keep buying...

WTK burned RM5 million in Sawarak Election????????

Cold eye no more in 30 shareholders..

Break support @ rm1.25...

Time to accumulate..

start accumulate..

continue down to Rm1.20

downtrend

Is it the firing of power-plant delay to October?

Waste time at this stock..

Hi Mr Koon, Can I have your opinions on Bstead and the coming IPO Bstead Plantation?Thank you.