Underpinned by contributions from overseas projects.
As at Feb 6, the group had an outstanding order book of RM854.9 million.
Has potential to unlock its vast strategically located landbank measuring 20,763 acres (8,402.49ha) with an estimated GDV of RM100 billion.
Southpoint Tower in Mid Valley City is now expected to be completed by the first half of 2018.
PublicInvest Research maintains neutral on WCT Holdings.
Puchong remains a key driver with the Bandar Saujana Putra, D’Island and Desiran Bayu projects making up 45% (RM357 million) of total sales.
The demerger exercise will see the separate listing of the plantation and property entities, while other units, namely industrial, motors, logistics and other non-core businesses remain under Sime Darby Group.