News about WCT

KUALA LUMPUR (Nov 10): WCT Holdings Bhd shares rose 3.

Maintain neutral recommendation with a target price of RM1.

Businessman Tan Sri Desmond Lim Siew Choon is performing a corporate manoeuvre that may unlock value worth billions after emerging as the largest shareholder in WCT Holdings Bhd last Tuesday, say sources.

KUALA LUMPUR (Nov 3): Tan Sri Desmond Lim Siew Choon’s emergence as the single-largest shareholder of WCT Holdings Bhd on Tuesday has got the market speculating about his plans for the construction group as well as Malton Bhd and Pavilion Real Estate Investment Trust (REIT), in which he has 35.

WCT Holdings Bhd (Nov 2, RM1.

KUALA LUMPUR (Nov 2): Tan Sri Lim Siew Choon, the man behind the Pavilion Group, has been appointed executive chairman of WCT Holdings Bhd with immediate effect.

KUALA LUMPUR (Nov 2): Tan Sri Desmond Lim Siew Choon, the executive chairman of Malton Bhd, has surfaced as the single-largest shareholder of WCT Holdings Bhd after acquiring a 19.

PETALING JAYA (Sept 29): The managing director of WCT Holdings Bhd, Taing Kim Hwa, was named CEO of the Year at the Malaysian Construction Industry Excellence Awards (MCIEA) 2016 organised by the Construction Industry Development Board Malaysia (CIDB).

Construction sector Maintain overweight call: We remain “overweight” on the construction sector as news flows on contract awards should sustain the sector’s outperformance.

PETALING JAYA (Sept 2): WCT Holdings Bhd’s Paradigm Mall Petaling Jaya aims to achieve 100% occupancy soon following the opening of 22 new outlets in the mall recently.