MULTIPLE PROPOSALS SCANWOLF CORPORATION BERHAD ("SCANWOLF" OR "COMPANY") (I) PROPOSED DIVERSIFICATION; AND (II) PROPOSED SHARE CAPITAL REDUCTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

SCANWOLF CORPORATION BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
SCANWOLF CORPORATION BERHAD ("SCANWOLF" OR "COMPANY")
(I) PROPOSED DIVERSIFICATION; AND
(II) PROPOSED SHARE CAPITAL REDUCTION
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of Scanwolf (“Board”), SCS Global Advisory (M) Sdn Bhd (“SCS Global”) wishes to announce that the Company intends to undertake the following:

(i) a diversification of the existing principal activities of Scanwolf and its subsidiaries to supply of building materials and construction related materials and products (“Proposed Diversification”); and 

(ii) a reduction of its issued share capital of RM 45.00 million pursuant to Section 117 of the Companies Act 2016 (“Proposed Share Capital Reduction”)

(collectively referred to as the "Proposal").

Further details of the Proposals are set out in the attachment. 

This announcement is dated 2 October 2025. 



Announcement Info

Company Name SCANWOLF CORPORATION BERHAD
Stock Name SCNWOLF
Date Announced 02 Oct 2025
Category General Announcement for PLC
Reference Number GA1-02102025-00054


Please refer attachment below.

  1. Scanwolf - Announcement (Proposals).pdf