The Board of Directors of Widad Group Berhad announced that the Company had on 26th April 2019 incorporated a wholly-owned subsidiary, namely WIDAD GREEN SDN. BHD. with an initial share capital of MYR 1.00 comprising 1 ordinary share. The intended business activities of WIDAD GREEN SDN. BHD. are as follows: Providing waste management services which includes waste treatment, disposal and recovery; Providing environmental management services and maintenance which include landfill and incineration; and Providing transportation services and equipment for waste management services which include its maintenance and supplies. The said incorporation is not expected to have any material impact on the earnings per share, net assets per share, share capital and substantial shareholders' shareholdings of the Company for the financial year ending 31 December 2019.