Boustead Ikano awards RM651.6m retail complex job to WCT

KUALA LUMPUR: WCT Holdings Bhd has accepted a RM651.62mil contract from Boustead Ikano Sdn Bhd to build an 11-storey retail complex along Jalan Cochrane here.

WCT said on Wednesday the contract included building a major retail shopping centre with two levels of basement car parks, four levels of retail, food & beverage and entertainment and four levels of elevated car parks.

The entire project was expected to be completed in second half of 2016.

“The contract is expected to contribute positively to the group’s future earnings and net assets,” said WCT.