New Risk • Jun 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (86% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported August 2025 fiscal period end). Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (RM257.5m market cap, or US$63.5m). New Risk • Jun 03
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 9.1% 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 High level of non-cash earnings (86% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (RM248.6m market cap, or US$62.4m). Announcement • Mar 26
Foodie Media Berhad (KLSE:FOODIE) acquired 80% stake in WTM MEDIA SDN. BHD. from Mariah Binti Ahmad for MYR 0.25 million. Foodie Media Berhad (KLSE:FOODIE) acquired 80% stake in WTM MEDIA SDN. BHD. from Mariah Binti Ahmad for MYR 0.25 million on March 24, 2026. The Purchase Consideration shall be paid in cash by the Purchaser to the Vendor as follows: MYR 0.19 million representing 76% of the Purchase Consideration, on the Completion Date MYR 0.03 million representing 12% of the Purchase Consideration, 6 months after the Completion Date; and MYR 0.03 million representing 12% of the Purchase Consideration, 12 months after the Completion Date. The Purchase Consideration will be satisfied entirely via internally-generated funds.
The agreement to sell and purchase the Sale Shares is conditional upon and accordingly beneficial ownership in the Sale Shares will not pass until the satisfaction of the following conditions: (i) the consents, licences, authorisations, orders, grants, confirmations, permissions, registrations and other approvals necessary or desirable for or in respect of the proposed acquisition of the Sale Shares by the Purchaser: (i) under the constitution or any agreement, instrument or other arrangement to which WTM Media is a party; or (ii) pursuant to applicable laws, having been obtained from appropriate governments, governmental, supranational or trade agencies, courts, other regulatory bodies or third parties on terms satisfactory to the Purchaser and such consents, licences, authorisations, orders, grants, confirmations, permissions, registrations and other approvals remaining in full force and effect.
Foodie Media Berhad (KLSE:FOODIE) completed the acquisition of 80% stake in WTM MEDIA SDN. BHD. from Mariah Binti Ahmad on March 24, 2026. 