PETALING JAYA (July 7): WCT Holdings Bhd has, via a 50:50 joint venture (JV) in the United Arab Emirates (UAE), accepted a sub-contract letter of award for the Yas Riva Residences Works Package on Yas Island in Abu Dhabi, with a sub-contract sum of 836 million dirham (RM926.
PETALING JAYA (June 19): WCT Holdings Bhd said a joint venture (JV) involving its subsidiary has accepted a letter of award for a sub-contract worth AED479 million (approximately RM528.
KUALA LUMPUR (May 18): WCT Holdings Bhd’s (KL:WCT) Taiwan unit has secured a RM152.
KUALA LUMPUR (Feb 6): WCT Holdings Bhd (KL:WCT) has proposed a sukuk wakalah programme of up to RM5 billion to fund working capital and refinancing of borrowings.
Quarterly revenue, however, rose 10.
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.
Buyers may opt for either conventional or Islamic financing, with flexible repayment terms of up to 10 years or until the age of 70.
“Some parties have already approached us, and we have also identified certain malls.
The trust is expected to offer an annualised distribution yield of over 7% for 2025.
The IPO, indicatively priced at RM1 per share, comprises retail and institutional offerings, according to the prospectus unveiled on Friday.
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