WCT's 3Q net profit nosedives 94% on lower other income, JV contribution
Quarterly revenue, however, rose 10.
WCT Holdings 2QFY2025 revenue jumps 47% to RM554m
The Engineering and Construction segment continued to be the main contributor to group revenue, accounting for RM248 million, or 45% of total quarterly revenue, while Property Investment & Management added RM64 million, supported by higher contributions from hotels and the aviation division.
WCT Land and Maybank introduce financing packages up to 120% to support homebuyers
Buyers may opt for either conventional or Islamic financing, with flexible repayment terms of up to 10 years or until the age of 70.
Paradigm REIT eyes certain malls, screening through ‘substantial’ number of assets
“Some parties have already approached us, and we have also identified certain malls.
Paradigm REIT's IPO sees flat close amid broader market dip
The trust is expected to offer an annualised distribution yield of over 7% for 2025.
Paradigm REIT launches Main Market IPO that could raise up to RM560 mil for WCT
The IPO, indicatively priced at RM1 per share, comprises retail and institutional offerings, according to the prospectus unveiled on Friday.
CIMB Securities widens WCT's discount as order book challenges mount, keeps 'hold' call
The downward revision in forecasts is mainly driven by the potential review of the Subang Airport Regeneration Plan (SARP), following the takeover of Malaysia Airports Holdings Bhd (MAHB) by the Gateway Development Alliance consortium.
WCT gets shareholders’ nod for Paradigm REIT listing
As part of the proposed listing of Paradigm REIT, shareholders also approved the proposed disposal of three prime retail properties — Bukit Tinggi Shopping Centre (BTSC), Paradigm Mall Petaling Jaya (PMPJ) and Paradigm Mall Johor Bahru (PMJB) — to Paradigm REIT for RM2.
MARC upgrades WCT Holdings unit's notes rating to AA- on improved performance of gateway@klia2
The rating agency noted that with around 380,000 sq ft of net lettable area, the mall’s occupancy rate has reached 96.
WCT gets nod from SC for Paradigm REIT listing
The initial property portfolio includes the Bukit Tinggi Shopping Centre, which will be acquired from Gemilang Waras Sdn Bhd, a wholly-owned unit of WCT, for RM680 million, with RM350 million settled in units and RM330 million in cash.
