• Ho Wah Genting sold three wholly owned dormant subsidiaries to Wong Kai Siong for RM 3 on October 28, 2026.
• The businesses—HWGB Biotech, HWGB Lab and HWG Fintech Property—were sold for RM 1 each.
• The disposal is expected to generate a noncash gain of RM 4.4 million, improving earnings for the year ending December 31, 2026.
• The sale streamlines the group, reduces administrative costs and redirects resources toward its core wire, cable and power cord businesses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ho Wah Genting Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719564) on October 28, 2026, and is solely responsible for the information contained therein.