Watta Holding Bhd.
MMYX:WATTA0.39
MYR
+0.01
(+1.32%)
Watta Holding Bhd.
MYX:WATTA
(Bursa Malaysia)
Recent
price
0.39
P/E
ratio
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div
yld
- -
ROIC.AI
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- Business
- Watta Holding Berhad is a Malaysia-based investment holding company that operates primarily in telecommunications after-sales servicing, automotive battery distribution, and property investment. Founded in 1994 and headquartered in Selangor, Malaysia, the company delivers specialized technical and marketing solutions across domestic commercial, retail, and industrial markets through its operating subsidiaries. Watta Holding Berhad structures its business activities into three principal operating divisions: Telecommunications Services, Automotive Batteries, and Property Investment. Within its Telecommunications Services division, the company operates authorized customer care and repair service centers for global consumer electronics and mobile device manufacturers; providing manufacturer-certified warranty and out-of-warranty hardware servicing; motherboard and micro-soldering repairs; LCD and touch screen replacements; component distribution; software upgrades; and reverse logistics management. Within its Automotive Batteries division, the company markets, imports, and distributes automotive starting-lighting-ignition lead-acid batteries; maintenance-free batteries; motorcycle batteries; industrial storage batteries; battery chargers; testing equipment; and related automotive electrical accessories to wholesalers, retailers, and commercial fleet operators. Within its Property Investment division, the company manages, leases, and holds industrial, warehouse, and commercial properties to generate recurring rental income. In recent operational developments, Watta Holding Berhad has transitioned its core battery business from direct manufacturing toward an asset-light distribution and trading model, sourcing products through third-party manufacturing alliances. Concurrently, the company has expanded its authorized telecommunications service center network to support new product ecosystems from international smartphone and connected-device brands, while actively repositioning and optimizing tenant occupancy across its industrial real estate assets to strengthen stable cash flow generation.