The Board of Directors of Wegmans Holdings Berhad announced that a new wholly-owned subsidiary of the Company has been incorporated on 06 December 2018 known as Wegmans Woodwork Sdn. Bhd. Wegmans Woodwork was incorporated as a private company limited by shares. The issued share capital of Wegmans Woodwork is MYR 1.00 comprises 1 ordinary share. The principal activities of Wegmans Woodwork are design, manufacture and sale of furniture and furniture parts, property investment and investment holding. The Incorporation is to cater for the expanding production activities which shall form part of the Wegmans group's on-going business expansion plans.

Mr. Keh Wee Kiet and Mr. Law Kok Lim, being Directors and major shareholders of Wegmans are also the Directors of Wegmans Woodwork.