Board Change • Aug 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Kuan Ong is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jun 22
Widad Group Berhad Announces Resignation of Muhammad Ikmal Opat Bin Abdullah as Executive Deputy Chairman, Effective June 22, 2026 WIDAD GROUP BERHAD announced that TAN SRI MUHAMMAD IKMAL OPAT BIN ABDULLAH, aged 58, male, Malaysian nationality, resigned from his position as Executive Deputy Chairman due to personal commitment. The date of change was June 22, 2026. His directorate was Executive. Reported Earnings • May 23
First quarter 2026 earnings released: EPS: RM0 (vs RM0 in 1Q 2025) First quarter 2026 results: EPS: RM0 (in line with 1Q 2025). Revenue: RM27.1m (down 56% from 1Q 2025). Net income: RM1.03m (down 15% from 1Q 2025). Profit margin: 3.8% (up from 2.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance. Board Change • May 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director Abdullah Bin Sepien was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 29
Widad Group Berhad, Annual General Meeting, Jun 25, 2026 Widad Group Berhad, Annual General Meeting, Jun 25, 2026, at 10:30 Singapore Standard Time. Location: function room, kuala lumpur golf & country club (klgcc), 10, jalan 1/70 d, off jalan bukit kiara, 60000 kuala lumpur, Malaysia Reported Earnings • Mar 01
Full year 2025 earnings released: RM0.072 loss per share (vs RM0.008 loss in FY 2024) Full year 2025 results: RM0.072 loss per share (further deteriorated from RM0.008 loss in FY 2024). Revenue: RM130.5m (down 3.7% from FY 2024). Net loss: RM223.6m (loss widened RM199.3m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 13 percentage points per year, which is a significant difference in performance. Annuncio • Jan 09
Widad Group Berhad Provides Update on Kuala Lumpur High Court Legal Proceedings and Trial Status Widad Group Berhad updated that the full trial was completed on 8 January 2026 and both parties have closed their case. The learned High Court Judge has instructed both parties to file their respective Submissions by 13 February 2026 and Reply Submissions by 13 March 2026. The decision date has been fixed on 17 April 2026. Reported Earnings • Nov 26
Third quarter 2025 earnings released: EPS: RM0 (vs RM0.001 loss in 3Q 2024) Third quarter 2025 results: EPS: RM0 (improved from RM0.001 loss in 3Q 2024). Revenue: RM34.5m (up 20% from 3Q 2024). Net income: RM987.0k (up RM3.13m from 3Q 2024). Profit margin: 2.9% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. New Risk • Nov 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM31.2m (US$7.52m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (42% average weekly change). Earnings have declined by 41% per year over the past 5 years. Market cap is less than US$10m (RM31.2m market cap, or US$7.52m). Annuncio • Sep 20
Widad Group Berhad has completed a Follow-on Equity Offering. Widad Group Berhad has completed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 284,945,300
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 24,700,000
Price\Range: MYR 0.0405 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: RM0 (vs RM0.001 loss in 2Q 2024) Second quarter 2025 results: EPS: RM0 (improved from RM0.001 loss in 2Q 2024). Revenue: RM34.3m (up 78% from 2Q 2024). Net income: RM602.0k (up RM3.58m from 2Q 2024). Profit margin: 1.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 02
First quarter 2025 earnings released: EPS: RM0 (vs RM0.001 loss in 1Q 2024) First quarter 2025 results: EPS: RM0 (improved from RM0.001 loss in 1Q 2024). Revenue: RM62.1m (up 109% from 1Q 2024). Net income: RM1.22m (up RM5.53m from 1Q 2024). Profit margin: 2.0% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Annuncio • Apr 29
Widad Group Berhad, Annual General Meeting, Jun 26, 2025 Widad Group Berhad, Annual General Meeting, Jun 26, 2025, at 10:30 Singapore Standard Time. Location: tournament room, west lobby, kuala lumpur golf & country club (klgcc), 10, jalan 1/70 d, off jalan bukit kiara, 60000 kuala lumpur, Malaysia Reported Earnings • Mar 01
Full year 2024 earnings released: RM0.003 loss per share (vs RM0.006 loss in FY 2023) Full year 2024 results: RM0.003 loss per share. Revenue: RM137.7m (down 40% from FY 2023). Net loss: RM23.9m (loss widened 44% from FY 2023). Annuncio • Feb 28
Widad Group Berhad Announces Appointment of Mr. Nor Azlan Bin Zainal as Group Chief Executive Officer, Effective March 1, 2025 Widad Group Berhad announced appointment of Mr. Nor Azlan Bin Zainal as Group Chief Executive Officer. Age:55, Gender: Male. Nationality: Malaysia . Date of change: March 1, 2025. Qualifications: Professional Qualification: Accounting: Malaysia Institute of Accounting ("MIA"): Member of MIA. Degree: Accounting: MARA University of Technology. Directorships in public companies and listed issuers (if any): MIKRO MSC BERHAD. Remarks: Redesignate from Acting Group Chief Executive Officer to Group Chief Executive Officer effective from 1 March 2025. Reported Earnings • Nov 27
Third quarter 2024 earnings released: RM0.001 loss per share (vs RM0.003 loss in 3Q 2023) Third quarter 2024 results: RM0.001 loss per share (improved from RM0.003 loss in 3Q 2023). Revenue: RM28.7m (down 49% from 3Q 2023). Net loss: RM2.14m (loss narrowed 72% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 30
Second quarter 2024 earnings released: RM0.001 loss per share (vs RM0 in 2Q 2023) Second quarter 2024 results: RM0.001 loss per share (further deteriorated from RM0 in 2Q 2023). Revenue: RM19.3m (down 38% from 2Q 2023). Net loss: RM2.98m (down RM3.33m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance. Reported Earnings • May 25
First quarter 2024 earnings released: RM0.001 loss per share (vs RM0 in 1Q 2023) First quarter 2024 results: RM0.001 loss per share (further deteriorated from RM0 in 1Q 2023). Revenue: RM29.7m (down 53% from 1Q 2023). Net loss: RM4.31m (down RM4.94m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings. Annuncio • May 01
Widad Group Berhad, Annual General Meeting, Jun 27, 2024 Widad Group Berhad, Annual General Meeting, Jun 27, 2024, at 14:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements of the Company for the financial year ended 31 December 2023 together with the Directors and Auditors Reports thereon; to approve the payment of Directors' fees and benefits up to RM500,000.00 from this AGM until the next AGM of the Company; to re-elect Dato' Dr. Mohd Rizal Bin Mohd Jaafar retiring pursuant to Article 86 of the Company's Constitution; to re-elect Mr. Ong Kuan Wah retiring pursuant to Article 86 of the Company's Constitution; to re-appoint Messrs. Grant Thornton Malaysia PLT as Auditors of the Company and to authorise the Directors to fix the remuneration; to consider Authority to Issue Shares; to consider Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and to consider other business matters. Reported Earnings • Mar 02
Full year 2023 earnings released: RM0.006 loss per share (vs RM0.002 loss in FY 2022) Full year 2023 results: RM0.006 loss per share (further deteriorated from RM0.002 loss in FY 2022). Revenue: RM230.6m (up 44% from FY 2022). Net loss: RM16.6m (loss widened 171% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. New Risk • Jan 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM340.6m (US$72.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 0.7% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (RM340.6m market cap, or US$72.2m). Reported Earnings • Nov 28
Third quarter 2023 earnings released: RM0.003 loss per share (vs RM0 in 3Q 2022) Third quarter 2023 results: RM0.003 loss per share (further deteriorated from RM0 in 3Q 2022). Revenue: RM56.6m (up 111% from 3Q 2022). Net loss: RM7.65m (loss widened RM6.73m from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. New Risk • Nov 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: RM0 (vs RM0.003 in 2Q 2022) Second quarter 2023 results: EPS: RM0 (down from RM0.003 in 2Q 2022). Revenue: RM30.9m (down 38% from 2Q 2022). Net income: RM344.0k (down 95% from 2Q 2022). Profit margin: 1.1% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annuncio • Aug 02
Widad Group Berhad Appoints Puan Saloma Binti Mohd Jonid as Executive Director Widad Group Berhad announced that the appointment of Puan Saloma Binti Mohd Jonid as executive director. Her age is 64 years. The date of change is August 01, 2023. Puan Saloma has 30 years experience in capital market and investment banking specialising in equity and debt capital markets, project financing and credit analysis. She started her career with Aseambankers Malaysia Berhad (now known as Maybank Investment Bank Berhad) in October 1983 and served the bank for ten years until October 1993. In 1994, she joined RHB Investment Bank Bhd and held a Dealer's Representative license for the regulated activity in investment portfolio management and industry advisory to retail, corporate, institutional clients. In 2014, she joined Widad Business Group Sdn Bhd (WBGSB) and presently designated as Group Human Resources & Administration Director. She is also director in a private company, Vertical Engineering Sdn Bhd, a related company of WBG involved in the construction sector. Her degree is Economics (Majoring in BusinessAdministration) in University of Malaya. Reported Earnings • Jun 01
First quarter 2023 earnings released: EPS: RM0 (vs RM0.002 in 1Q 2022) First quarter 2023 results: EPS: RM0 (down from RM0.002 in 1Q 2022). Revenue: RM62.8m (up 21% from 1Q 2022). Net income: RM628.0k (down 90% from 1Q 2022). Profit margin: 1.0% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 01
Full year 2022 earnings released: RM0.002 loss per share (vs RM0.027 profit in FY 2021) Full year 2022 results: RM0.002 loss per share (down from RM0.027 profit in FY 2021). Revenue: RM160.4m (up 83% from FY 2021). Net loss: RM6.11m (down 109% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 03
Third quarter 2022 earnings released: EPS: RM0 (vs RM0.001 in 3Q 2021) Third quarter 2022 results: EPS: RM0 (down from RM0.001 in 3Q 2021). Revenue: RM26.8m (down 22% from 3Q 2021). Net loss: RM919.0k (down 127% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Zulkiple bin Hj Kassim was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: RM0.003 (vs RM0.001 in 2Q 2021) Second quarter 2022 results: EPS: RM0.003 (up from RM0.001 in 2Q 2021). Revenue: RM49.5m (up 59% from 2Q 2021). Net income: RM7.41m (up 314% from 2Q 2021). Profit margin: 15% (up from 5.8% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Zulkiple bin Hj Kassim was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 01
First quarter 2022 earnings released: EPS: RM0.002 (vs RM0 in 1Q 2021) First quarter 2022 results: EPS: RM0.002 (up from RM0 in 1Q 2021). Revenue: RM52.0m (up 202% from 1Q 2021). Net income: RM6.41m (up RM5.47m from 1Q 2021). Profit margin: 12% (up from 5.4% in 1Q 2021). Annuncio • May 02
Widad Group Berhad, Annual General Meeting, Jun 29, 2022 Widad Group Berhad, Annual General Meeting, Jun 29, 2022, at 10:00 Singapore Standard Time. Location: WBGPenthouse,WidadSemantan(WiSe),No.3,JalanSemantan,Damansara Heights Kuala Lumpur Malaysia Agenda: To receive the Audited Financial Statements of the Company for the financial year ended 31 December 2021 together with the Directors' and Auditors' Reports thereon; to re-elect Directors; to re-appoint Messrs. Grant Thornton Malaysia PLT as Auditors for the financial year ending December 31, 2022; and to consider any other matters. Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: RM0.026 (up from RM0.002 in FY 2020). Revenue: RM87.7m (up 2.2% from FY 2020). Net income: RM70.8m (up RM66.8m from FY 2020). Profit margin: 81% (up from 4.7% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Jan 06
Widad Group Berhad has completed a Follow-on Equity Offering in the amount of MYR 72.16118 million. Widad Group Berhad has completed a Follow-on Equity Offering in the amount of MYR 72.16118 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 30,490,000
Price\Range: MYR 0.492
Security Name: Shares
Security Type: Common Stock
Securities Offered: 121,800,000
Price\Range: MYR 0.4245
Security Name: Shares
Security Type: Common Stock
Securities Offered: 16,000,000
Price\Range: MYR 0.341 Reported Earnings • Nov 30
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: RM0.001 (vs RM0.001 in 3Q 2020). Revenue: RM34.3m (up 37% from 3Q 2020). Net income: RM3.44m (up 132% from 3Q 2020). Profit margin: 10.0% (up from 5.9% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • May 30
Full year 2020 earnings released: EPS RM0.002 (vs RM0.005 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM85.9m (down 54% from FY 2019). Net income: RM4.01m (down 67% from FY 2019). Profit margin: 4.7% (down from 6.4% in FY 2019). The decrease in margin was driven by lower revenue. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS RM0.002 (vs RM0.005 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM85.9m (down 54% from FY 2019). Net income: RM4.01m (down 67% from FY 2019). Profit margin: 4.7% (down from 6.4% in FY 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Feb 24
New 90-day low: RM0.44 The company is down 30% from its price of RM0.63 on 26 November 2020. The Malaysian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 1.0% over the same period. Is New 90 Day High Low • Feb 08
New 90-day low: RM0.51 The company is down 22% from its price of RM0.65 on 10 November 2020. The Malaysian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is flat over the same period. Is New 90 Day High Low • Jan 14
New 90-day low: RM0.60 The company is down 7.0% from its price of RM0.65 on 16 October 2020. The Malaysian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: RM0.74 The company is up 27% from its price of RM0.58 on 22 September 2020. The Malaysian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 11% over the same period. Annuncio • Dec 16
Widad and Rinani Dynamic Sdn. Bhd. Enters into Memorandum of Collaboration to the Distribution, Marketing and Sale of Oral Tablet Corona Virus Disease 2019 Developed by Vaxart, Inc Widad Group Berhad has on 15 December 2020 entered into a Memorandum of Collaboration with Rinani Dynamic Sdn.Bhd. in relation to the distribution, marketing and sale of oral tablet Corona Virus Disease 2019 (Covid-19) vaccine known as Vxa-Cov2-1 ("Vaccine") developed by Vaxart, Inc. and other products developed by Vaxart, Inc. Rinani hereby agrees to collaborate with Widad in the distribution, marketing and selling
of the Vaccine and Vaxart, Inc. products in Malaysia. The MOC shall be effective for a period of one year upon the execution by both parties hereto and may be mutually extended by both parties. The MOC is terminated in the event of the mutual termination by both parties. The MOC is to establish a collaboration for the preliminary understanding of arrangement for the collaboration between the Parties in distribute, market and sell of the Vaccine subject to the terms and conditions of the MOC. Annuncio • Dec 01
Widad Group Berhad Announces the Resignation of Dato' Feizal Mustapha @ Feizal Bin Mustapha as Chairman and Executive Widad Group Berhad announced the resignation of DATO' FEIZAL MUSTAPHA @ FEIZAL BIN MUSTAPHA as Chairman and Executive, to explore other opportunities, effective from November 30, 2020. Reported Earnings • Dec 01
Third quarter 2020 earnings released: EPS RM0.001 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: RM24.9m (down 38% from 3Q 2019). Net income: RM1.48m (down 78% from 3Q 2019). Profit margin: 5.9% (down from 17% in 3Q 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Oct 06
New 90-day high: RM0.62 The company is up 27% from its price of RM0.49 on 08 July 2020. The Malaysian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 6.0% over the same period. Annuncio • Sep 23
Widad Group Berhad Announces Collaboration Agreement with Iaq Solutions Sdn. Bhd Widad Group Berhad announced that the Company had on September 22, 2020 entered into a Collaboration Agreement with ISSB in relation to the development, distribution, marketing, supplying, installation and maintenance of equipment and other provision of related solutions and services, in connection with indoor air quality solutions with the purpose of prevention and control of airborne diseases, such as the COVID-19. The Collaboration Agreement is expected to enhance Widad's integrated facilities management service offerings and contribute positively to Widad's revenue and expand its customer base. The Collaboration Agreement is not subject To Approve the shareholders of Widad or other relevant government authorities. Is New 90 Day High Low • Sep 18
New 90-day high: RM0.56 The company is up 16% from its price of RM0.48 on 19 June 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 4.0% over the same period.