WCT bags contracts worth RM1.49b in Qatar and Malaysia

KUALA LUMPUR: WCT Bhd has secured two separate projects from the Qatar and Malaysian governments collectively worth about RM1.49 billion.

The group said it has been awarded a contract from the government of Qatar to build and maintain a governmental administrative building in the country’s capital, Doha, worth 1.59 billion riyals or about RM1.36 billion, it said in a Bursa filing on Wednesday, Oct 20.

WCT expects to complete the project by April 2013.

In another filing, the group said it had accepted an award by the Malaysian Public Works Department to design, build, equip, commission and maintain Tuaran Hospital in Sabah for RM127.8 million.

The project is scheduled for completion on May 1, 2013.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.