Widad Business Group (WBG), through one of our subsidiaries, Wardah Communications Sdn Bhd, which is the majority shareholder of Dataprep Holdings Berhad, would like to clarify that we have no direct interest in Asia Coding Centre Sdn. Bhd. except as a strategic partner.
A special purpose vehicle (SPV) known as Dataprep Asia Sdn. Bhd. was previously established between Dataprep Holdings Bhd. and Asia Coding Centre Sdn. Bhd. and was given a mandate to carry out the “COVID-19 RT-PCR Screening” project by the Malaysian Ministry of Health (MOH).
However, after the issuance of the letter of intent (LOI), the government decided that there was no need to proceed with the project due to the progress made by the MOH in controlling the COVID-19 situation at the time.
Therefore, there is no longer any direct or indirect relationship between the two entities in terms of management and others.
CORPORATE COMMUNICATION OFFICE , 10th MAY 2023