News about WCT

Covid-19 cases in the country have remained high.

KUALA LUMPUR (July 14): WCT Holdings Bhd said today its wholly-owned subsidiary WCT Bhd (WCTB) and Meydan Group LLC had yesterday (July 13) entered into a settlement agreement under which Meydan will pay WCTB AED726.

KUALA LUMPUR (July 8): WCT Holdings Bhd’s 60:40 joint venture (JV) with China Communications Construction Co (M) Sdn Bhd (CCCC) has accepted the tender offer as the main contractor for the expansion of the Sapangar Bay Container Port in Kota Kinabalu for RM899.

KUALA LUMPUR (June 23): WCT Holdings Bhd is cautiously optimistic about its prospects with its current outstanding order book valued at RM5 billion.

KUALA LUMPUR (May 7): Malaysia Airports Holdings Bhd (MAHB) said it has yet to receive the details of  a reported proposal by a private business entity to take over the Sultan Abdul Aziz Shah Airport in Subang.

KUALA LUMPUR (May 7): WCT Holdings Bhd has clarified that its wholly-owned unit, Subang Skypark Sdn Bhd (SSSB), has proposed to re-concession and not to acquire the Sultan Abdul Aziz Shah Airport (formerly known as Subang Airport) as reported by several media organisations.

KUALA LUMPUR (May 6): Businessman Tan Sri Desmond Lim has been reported to be planning “a takeover of Subang airport”.

KUALA LUMPUR (April 3): An arbitrator has ordered WCT Holdings Bhd's subsidiary to pay RM73.

KUALA LUMPUR (March 6): Businessman Tan Sri Desmond Lim acquired another 250,000 shares in WCT Bhd yesterday, raising his direct shareholding in the construction company to 103.

KUALA LUMPUR (Jan 14): WCT Holdings Bhd said yesterday a judicial committee has upheld the Dubai Court of Appeal's decision that recognises a final award of RM1.