WCT active, up 2.69% on bagging RM1.77 billion contract


KUALA LUMPUR (Sept 19): WCT Holdings Bhd rose 2.69% in active trade this morning after the group via its wholly-owned subsidiary WCT Bhd secured a RM1.77 billion contract to build the proposed Pavilion Damansara Heights commercial development here.

At 9.22am, WCT gained 2.5 sen to 95.5 sen with 5.51 million shares done.

WCT said WCT Bhd had on Friday (Sept 14) accepted the letter of award from Impian Ekspresi Sdn Bhd.

The work scope for the project along Jalan Damanlela encompasses completion of nine blocks of office towers and three blocks of service apartments on a podium block.

The project is expected to commence this month, with completion within 38 months. —

Click here for more property stories.

Like our content? Check out Narratives – where we curate stories based on topics to keep you well and broadly informed about Malaysian real estate.

Looking for property? Check out Location Scan, where we summarize all available options and facts you need in a few clicks. We have updated the tool to include MRT3 stations too.

Curious how much you can borrow? Use LoanCheck to get your maximum loan eligibility from various banks, or LoanReport to get a FREE CTOS/CCRIS credit report.
  1. RAM Ratings reaffirms ratings of Impian Ekspresi’s RM450m MTN
  2. Econpile bags RM105m contract from WCT
  3. WCT wins RM1.2b superstructure works contract for Pavilion Damansara Heights