WCT gets RM331m contract for mixed devt project in KK

KUALA LUMPUR (Feb 22): WCT Bhd has secured a RM331 million contract for a mixed commercial project with a medical centre in Kota Kinabalu.

It said on Wednesday that its unit WCT Construction Sdn Bhd had accepted the contract from Riverson Corporation Sdn Bhd for the project.

WCT said the scope of works comprised of the construction and completion of a nine-storey hospital with 200 beds, a 10-storey complex with small office-home office, office suites and three levels of retail space and one level of basement car park.

"The works are expected to be completed in August 2014. The contract is expected to contribute positively to the group's earnings and net assets for the financial years from 2012 to 2014," it said.

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