WCT founders exit firm, Pavilion’s Lim buys 20%

Bursa Malaysia filings revealed that WCT

PETALING JAYA: The two major owners of WCT Holdings Bhd have sold their stake in the company to Tan Sri Desmond Lim Siew Choon of the Pavilion group.

Bursa Malaysia filings revealed that WCT’s long-serving managing director Peter Taing Kim Hwa (pic) and co-founder Wong Sewe Wing, through their vehicle WCT Capital Sdn Bhd, divested their entire block of 245.72 million WCT shares or 19.67% of the company to Dominion Nexus Sdn Bhd.