History

Widetech was incorporated in Malaysia as a private limited company under the Companies Act 1965 on 25 January 1984. The company was converted to a public limited company on 30 May 1995 and was subsequently listed on the Second Board of the Bursa Securities on 18 March 1997. As at 31 March 2009, Widetech has an issued and paid-up capital of RM44,753,400 comprising of 44,753,400 shares of RM1.00 each.

Widetech is an investment holding company whilst the principal activities of its subsidiaries are trading in consumer products, manufacture of precision springs, hotel operator and provision of financial and management services for gaming.

The principal investment strategy of Widetech has always been to continuously identify and invest in sectors with high growth potential and to expand businesses within those sectors.