KUALA LUMPUR (May 28): Kathryn Ma Wai Fong, widow of late WTK Holdings Bhd (KL:WTK) chief executive officer Datuk Wong Kie Nai, has sought leave from the Federal Court to appeal a ruling over disputed family shareholdings tied to WTK Group, a major timber and plantation company in Sarawak.
The case involves a family dispute over shares in WTK Holdings, which were allegedly transferred without proper consent. The Court of Appeal had previously ruled against Ma's claims, leading to this latest legal move. The Federal Court will decide whether to hear the appeal.
WTK Holdings is one of Sarawak's largest timber companies, with operations in forestry, oil palm plantations, and property development. The dispute has drawn attention due to the company's significance in the region's economy.
