WCT-KKB JV secures RM1.29bil contract


WCT and Bina Puri are among the more active contractors in Sabah over the past few years

KUALA LUMPUR: WCT Bhd, in joint-venture with KKB Engineering Bhd, has secured a RM1.29bil contract for the phase one of the Pan Borneo Highway project from Lebuhraya Borneo Utara Sdn Bhd.

In a filing to Bursa Malaysia Tuesday, WCT Holdings said under the contract, the 30:70 JV company would undertake and complete the proposed development and upgrading of the Pan Borneo Highway in Sarawak, from Sungai Arip Bridge to Bintulu Airport Junction.

WCT Holdings said the scope of works for the contract generally included piling works, civil works which included demolition and site clearance, earthworks, geotechnical works, drainage work, roads and pavings and road furniture among others.

“The works under the contract are expected to be completed in 51 months from the date of the letter of award,” it said.

The Joint Venture will be an incorporated joint venture between WCTB and KKB in the ratio of 30:70 respectively.

The Star Festive Promo: Get 35% OFF Digital Access

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

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Wawasan Dengkil's 2Q net profit falls due to revision of project costs

Others Also Read