News about WCT Holdings

KUALA LUMPUR (May 18): WCT Holdings Bhd’s (KL:WCT) Taiwan unit has secured a RM152.

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.

The rating agency noted that with around 380,000 sq ft of net lettable area, the mall’s occupancy rate has reached 96.

This is going to be the second REIT to be controlled by billionaire tycoon Tan Sri Desmond Lim Siew Choon, after Pavilion REIT.

“Upon completion of the acquisition and the transfer of the sale shares to WCTB, the joint venture company shall become a wholly-owned subsidiary of WCTB.

WCT group managing director Datuk Lee Tuck Fook said the group will continue to focus on project execution, while identifying new opportunities to replenish the order book of RM3.

PETALING JAYA (March 23): WCT Malls Management Sdn Bhd is taking additional measures by improving its air quality management systems to all its retail premises by installing the nanoe™ X technology air purification solution by Panasonic Malaysia.

KUALA LUMPUR (Oct 14): WCT Holdings Bhd's unit has secured the sole development rights over 411 acres of land in total at Lok Kawi in Sabah's Putatan district.

KUALA LUMPUR (Oct 5): CORE Residence @ TRX has achieved a 70% take-up rate for Tower 1 and Tower 2, with units being taken up by customers from more than 20 Asian countries.

Covid-19 cases in the country have remained high.