WTK Holdings Bhd - Company Profile
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WTK Holdings Bhd (WTK) is involved in adhesive tape manufacturing, timber extraction, and investment holding. It manufactures and sells veneer, plywood, and sawn timber.The company operates plywood mills and sawn timber mills in Sarawak, Malaysia. WTK is also involved in the extraction and sale of adhesive and gummed tapes, crude palm oil and palm kernel, tapes, foils, papers, tape related accessories. The company focuses on sustainable timber management and processing, with operations in Sarawak. WTK has a presence across timber, tape, and plantation industries. The company exports products to Japan, India, Singapore, Thailand, Canada, Taiwan, the US, Indonesia, Australia, and China. WTK is headquartered in Sibu, Sarawak, Malaysia.
WTK Holdings Bhd premium industry data and analytics
Products and Services
| Products |
|---|
| Hardwood |
| Veneer |
| Plywood |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In September, the company and WTK Realty signed an agreement to acquire 100.0% equity interest in Desacorp. |
| 2025 | Contracts/Agreements | In April, the company entered into an agreement to divest Song Logging Co Sdn Bhd to Huang Qian Wen for MYR23.5 million. |
| 2025 | Contracts/Agreements | In March, the company entered into a contract with Huang Qian Wen to divest 100% equity interest in PISB for MYR16 million. |
Competitor Comparison
| Key Parameters | WTK Holdings Bhd | Jaya Tiasa Holdings Berhad | Subur Tiasa Holdings Bhd | Fujian Yongan Forestry (Grp) Joint-Stock | Minho (M) Berhad |
|---|---|---|---|---|---|
| Headquarters | Malaysia | Malaysia | Malaysia | China | Malaysia |
| City | Sibu | Sibu | Sibu | Yongan | Klang |
| State/Province | Sarawak | Sarawak | Sarawak | Fujian | Selangor |
| No. of Employees | 4,328 | 2,881 | 2,181 | 386 | 608 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tan Sri Datuk Seri Panglima Sulong Bin Matjeraie | Chairman | Executive Board | 2019 | 79 |
| Sri Patrick Wong Haw Yeong | Chief Executive Officer; Director; Managing Director | Executive Board | 2013 | 56 |
| Tengku Sulaiman Shah Al-Haj Ibni Almarhum Sultan Salahuddin Abdul Aziz Shah Al-Haj | Deputy Chairman | Executive Board | 2018 | 76 |
| Lilian Wong Zhi Hui | Chief Financial Officer | Senior Management | - | 40 |
| Choo Boon Hock | Senior General Manager- Tapes Segment | Senior Management | 2019 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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