KUALA LUMPUR, Malaysia, June 24, 2025 /PRNewswire/ -- WF Holding Ltd (Stock Code: WFF), a manufacturer of fiberglass reinforced plastic, or FRP, products based in Malaysia, has officially announced plans to make significant investments in China to expand its business scope and promote bilateral economic cooperation and technological exchanges. The company is looking for suitable corporate land in various parts of China to add factories. The company expects to strengthen its production capacity, expand its C ...

Core Viewpoint - WF Holding Limited has successfully completed a partial exercise of the over-allotment option in its initial public offering, resulting in additional gross proceeds of US$960,000, bringing the total gross proceeds to approximately US$8.96 million [1][2]. Group 1: Offering Details - The underwriters purchased an additional 240,000 ordinary shares at a public offering price of US$4.00 per share [1]. - After the partial exercise, the total number of ordinary shares sold increased to 2,240,000 [2]. - The ordinary shares began trading on the Nasdaq Capital Market on March 27, 2025, under the ticker symbol "WFF" [2]. Group 2: Underwriters and Legal Counsel - Dominari Securities LLC acted as the lead underwriter, while Revere Securities LLC served as a co-underwriter for the offering [2]. - Bevilacqua PLLC acted as U.S. counsel to the company, and The Crone Law Group, P.C. acted as U.S. counsel to the underwriters [2]. Group 3: Company Overview - WF Holding Limited is a Malaysia-based manufacturer of fiberglass reinforced plastic (FRP) products, certified under ISO 9001:2015 [5]. - The company has over 30 years of experience in designing and fabricating FRP products, including tanks, pipes, and ducts [5]. - WF Holding focuses on delivering high-quality and durable products that enhance industrial infrastructure resilience and sustainability [5].