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Business

REIT plan for WCT, likely IPO next year

By THEAN LEE CHENG and INTAN FARHANA ZAINUL

PETALING JAYA: WCT Holdings Bhd plans to launch a real estate investment trust (REIT) next year to unlock the value of its assets and pare down debts.

It will firm up plans by year-end and if it does go ahead with the fund-raising event, the initial public offering (IPO) is likely to be towards the end of next year.

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Business , mall reit , WCT , Taing , IPO , reit , stocks , shares ,

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