#Malaysia #Kuala Lumpur #Share Consolidation #WF Holding Limited #NASDAQ WFF

WF Holding Limited's Recent Share Consolidation

In a pivotal move aimed at boosting its market presence, WF Holding Limited (NASDAQ: WFF) announced today a significant share consolidation, set to take effect on October 30, 2026. This decision affects the company's ordinary shares, reducing their number in circulation at a ratio of 1-for-25.

The consolidation will mean that every 25 ordinary shares will be combined into one. This type of consolidation, also known as a reverse split, is typically pursued by companies to improve the perceived value of their shares, especially if their stock prices are low compared to competitors.

Prior to this consolidation, the company reported 149,398,598 ordinary shares in circulation, composed of 145,957,934 ordinary shares and 3,440,664 Class A ordinary shares. Post-consolidation, the total number of outstanding ordinary shares is anticipated to drop to approximately 5,838,318, with Class A shares remaining unaffected. This strategic shift is expected to stabilize share prices and potentially attract more institutional investors.

Upon the market opening on the implementation date, trading of the consolidated shares will continue under the existing symbol WFF on The Nasdaq Stock Market, accompanied by an update to the CUSIP number.

Shareholders holding shares via banks, brokers, or other nominees will notice their holdings automatically adjusted to reflect this consolidation. For those with inquiries, it is recommended to reach out to their broker or the company's transfer agent, VStock Transfer, LLC.

About WF Holding Limited

Based in Kuala Lumpur, Malaysia, WF Holding Limited is recognized not just for its remarkable operational efficiency but also for being an ISO 9001:2015 certified manufacturer specializing in fiberglass reinforced plastic (FRP) products. These include tanks, pipes, ducts, and bespoke FRP solutions tailored to specific client requirements. The company boasts a robust history of over 30 years, demonstrating its commitment to quality and reliability.

Their services extend beyond manufacturing, offering a comprehensive suite that includes consultation, delivery, installation, repair, and maintenance, catering to a diverse range of industrial needs. With an eye on sustainability and resilience, the company's products are designed to fortify critical industrial infrastructure.

This recent share consolidation is seen as a proactive step towards enhancing shareholder value and providing a stronger foundation for future growth. Investors are encouraged to remain informed about the company's operational strategies and to keep an eye on their market performance in the coming months following this significant structural change.

As WF Holding Limited continues to rise in the market, its commitment to delivering quality and sustainable solutions remains unwavering, promising a bright future for its stakeholders.

For additional updates and information regarding this announcement, the company urges stakeholders to review further details in their filings with the U.S. Securities and Exchange Commission.

Stay tuned as we follow the developments of WF Holding Limited's market strategies and analyze the impact of the share consolidation on its trajectory within the industry.