KUALA LUMPUR: Widad Group Bhd (WGB) is venturing into the building disinfectant business under its facilities management segment.
The company had entered into a collaboration agreement with Stoika Sdn Bhd (SSB) in relation to the facility management programme involving disinfectant coating treatment.
WGB group managing director Datuk Mohd Rizal Mohd Jaafar said this collaboration is expected to enhance WGB's integrated facilities management (IFM) service offerings and potentially expand the company's revenue and customer base.
"We see some opportunities for IFM segment post Covid-19 pandemic, which include cleaning services and disinfection in certain areas, thus the collaboration with SSB to offer building disinfectant services will help to further strengthen our capabilities in end-to-end and one-stop facilities management," he said in a statement.
The collaboration will be effective for a period of one (1) year upon the execution by Widad and SSB, and may be mutually extended by both parties.
SSB is engaged in distribution of disinfectant and antimicrobial, environmental products and currently holds the exclusive rights as the sole distributor of antimicrobial disinfectants products under the brand name SDPRO and SDST in Malaysia.
Its anti-microbial disinfectants have been certified by agencies such as SIRIM Malaysia and United States Environmental Protection Agency, and currently used at buildings including The Exchange 106 at TRX and Singapore Changi Airport.
Mohd Rizal further said that by having these specialised disinfectant coating products, WGB is aiming to expand its customer base to government offices and buildings, universities, banks, malls and schools.
Currently, WGB has an outstanding order book of RM886 million generated from its IFM and construction business.
After the completion of its recent acquisitions, namely UiTM Jasin and Seremban 3, the new total order book will stand at about RM2.6 billion by year-end.