🧾 What This Document Is

This is a 6-K filing, which is a report foreign companies like this Malaysian firm must submit to the SEC to announce major news to U.S. investors. Attached is the official press release explaining the company's plan.

👉 In short: The company is announcing a "reverse stock split" to keep its stock listed on the Nasdaq exchange.

🏢 What The Company Does

WF Holding Limited (WFF) is a manufacturer based in Kuala Lumpur, Malaysia. It makes fiberglass reinforced plastic (FRP) products like industrial tanks, pipes, and ducts. Think of these as strong, corrosion-resistant plastic parts used in factories and infrastructure. The company has been operating for over 30 years and also offers installation and repair services.

✂️ The Reverse Split Explained

This is the core announcement. A reverse share split consolidates existing shares into fewer, more valuable shares.

• The Ratio: It's a 1-for-5 reverse split. This means for every 5 shares an investor owns, they will automatically end up with 1 share after the split.
• New Trading: Starts on April 13, 2026. The stock will keep its "WFF" ticker symbol, but will have a new identification number (CUSIP: G9627R115) and a much lower official par value of $0.00025 per share.
• No Fractions: If the math leaves you with a fractional share (e.g., you owned 7 shares → would get 1.4 shares), the company will round you up to the nearest whole share.

💰 The Financial Impact

The split changes the company's share structure on paper, but it doesn't change the total value of your investment.

• Shares Outstanding: After the split, the company will have about 5.04 million shares available (down from a much higher number). It will still be authorized to issue up to 200 million shares in the future.
• Why It Matters: The main goal is to artificially increase the stock's trading price. If a stock trades at $0.20, a 1-for-5 split would make it trade at $1.00 (in theory). This is crucial for the next point.

🚨 The Driving Force: Nasdaq Compliance

👉 The primary reason for this move is to meet the $1.00 minimum bid price requirement for staying listed on the Nasdaq Capital Market. If a stock trades below $1.00 for too long, Nasdaq can delist it, making the stock much harder to trade. This reverse split is a direct action to solve that problem and avoid being kicked off the exchange.

🌍 Industry Context & Signal

For a 30-year-old industrial manufacturer, this move signals a challenge. Companies typically enact reverse splits as a last resort to maintain their listing. It often reflects a prolonged period of low stock price and market capitalization. While it solves the immediate listing problem, it doesn't address the underlying business performance that led to the low share price. Investors often view reverse splits cautiously.

📞 Contact Information

For any investor questions, the contact is: Email: [email protected]

🧠 The Analogy

It's like taking five $1 bills to the bank and exchanging them for one $5 bill. You have fewer bills in your wallet, but the total value is the same. The bank just finds it easier to handle fewer, higher-denomination notes.

🧩 Final Takeaway

WF Holding is doing a 1-for-5 reverse stock split on April 13 solely to boost its share price above $1.00 and avoid being delisted from Nasdaq. This is a defensive move to maintain its listing, not a signal of improved business fundamentals.