Business Highlights 30 May Wasco Berhad (formerly known as Wah Seong Corporation Berhad) 23rd Annual General Meeting; proposed name change from Wah Seong Corporation Berhad to Wasco Berhad. 31 May Notice of Registration of New Name issued by the Companies Commission of Malaysia, changing the Company’s name to “Wasco Berhad” with effect from 31 May 2023. June 1 June Appointment of Mr Ramanathan A/L P.R. Singaram as Chief Financial Officer. July 1 July Retirement of Mr Chan Cheu Leong from the position of Managing Director/Group CEO and remains as a NonIndependent Non-Executive Director; Mr Gian Carlo Maccagno succeeded the role as Managing Director/ Group CEO of Wasco Berhad. August 8 August Wasco Thermal Sdn. Bhd. (formerly known as Mackenzie Industries Sdn. Bhd.) was awarded the MUDA paper project which successfully obtained the complete package of an EFB-burning biomass boiler, rated at 50T, along with its fuel feeding system and flue gas emission treatment system. Testing and commissioning concluded in August 2023. 24 August 2QFY2023 Financial Results Announcement & Analyst Briefing. September 29 September Wasco Process Engineering Sdn. Bhd. (formerly known as Jutasama Sdn. Bhd.) delivered reactor weight of 150 ton each, with the thickness of 149mm SA387 Gr.22 CL2 material. The thickest shell plate under Cr-Mo category being fabricated. October 12 October Wasco AgroTech Sdn. Bhd. (formerly known as PMT Industries Sdn. Bhd.) has entered into a Sale and Purchase Agreement with Array Metal (M) Sdn Bhd for the disposal of a piece of freehold land in the District of Klang, Selangor measuring approximately 18,363 square meters under the category of “Perusahaan” together with the office building, factory and structures erected thereon for a total consideration of RM40 million. 24 October WS Engineering & Fabrication Pte. Ltd. (“WSEF”), has been awarded a contract by Schneider Electric France, valued at USD33,889,973 (equivalent to RM161,861,900 based on the exchange rate of USD1.00 to RM4.7761) for the supply of pre-fabricated buildings for a project in Africa (“Contract”). The scope of work of the Contract involves engineering, procurement and construction of pre-fabricated buildings. The work and services of the Contract are expected to be completed within 17 months. November 2 November Wasco Process Engineering Sdn. Bhd. completed and delivered 46 units of PV and HEX to the United States America. Consisting of 14 units oversized equipment which delivered with 2 barges via WPE jetty to Port Klang. The whole fabrication process completed within 8 months. 21 Wasco Berhad
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