WCT to acquire land in Klang for RM118m


KUALA LUMPUR: WCT Holdings Bhd's subsidiary Gabungan Efektif Sdn Bhd has entered into a sales and purchase agreement (SPA) with Elite Asia Pacific Sdn Bhd to acquire three pieces of land worth RM118 million located in Klang, Selangor. 

"The acquisition gives the company the option to combine the land together for a potential future integrated development with a gross development value of  about RM2.7 billion and help strengthen our presence in Bandar Bukit Tinggi, Klang," said WCT.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Orkim shares climb with institutional investors taking substantial stake
Foreign buyers extend net buying in Asian markets
China's factory output, retail sales weaken in November
Oil rises on fears of supply disruption as US-Venezuela tensions escalate
Ringgit maintains upward trend, trade firmer against US$
Stocks slip as traders reduce exposure ahead of central bank meetings, key data
FBM KLCI slips after previous-week rally
Trading ideas: Kerjaya Prospek, Lianson, Hume Cement, Orkim, Econpile, Khee San, Mytech, Managepay, Industronic, Evocom, SLGC, Yinson, EWI
Truhome hires four banks for US$300mil IPO
Ringgit to trade cautiously against the US dollar this week

Others Also Read