KUALA LUMPUR — WF Holding Limited, a manufacturer of fiberglass reinforced plastic products based in Malaysia, has announced significant changes following a recent decision by its shareholders and board of directors. The company has approved a one-for-five reverse share split of its ordinary shares, a move that will take effect on April 13, 2026.
Under this reverse split, each five ordinary shares currently outstanding will automatically merge into one issued and outstanding ordinary share, requiring no action from shareholders. To accommodate this change, the company’s shares will begin trading on a split-adjusted basis under the same symbol “WFF,” although they will be accompanied by a new CUSIP number, G9627R115, and a revised par value of $0.00025 per share. Notably, shareholders will not receive fractional shares; instead, any fractional shares resulting from the reverse split will be rounded up to the nearest whole share.
The primary objective behind this reverse share split is to elevate the per share trading price of WF Holding Limited’s ordinary shares. This adjustment aims to help the company meet the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. Following the split, the company anticipates that it will have approximately 5,038,000 ordinary shares issued and outstanding, pending the rounding of any fractional shares. The total number of authorized ordinary shares will remain at 200,000,000.
WF Holding Limited is recognized as an ISO 9001:2015 certified manufacturer of fiberglass reinforced plastic (FRP) products, including tanks, pipes, ducts, and custom-made items. With a history spanning over three decades, the company specializes in designing and fabricating products tailored to the specific needs of its clients, ensuring that they provide high-quality and reliable performance. The durability and advantageous properties of FRP products are essential in reinforcing critical industrial infrastructure, facilitating longevity, resilience, and sustainability. In addition to manufacturing, WF Holding also offers a range of related services, including consultation, delivery, installation, repair, and maintenance.
For further updates or inquiries, shareholders are encouraged to reach out to the investor relations department at WF Holding Limited.
