Kenanga raises earnings outlook on WCT on Sabah port contract surprise


KUALA LUMPUR: Kenanga Research has increased its earnings outlook on WCT Holdings Bhd as it raised expectations for the group's contract wins for the year.

Recently, WCT announced that its 60:40 joint venture with China Communications Construction Company secured a RM899.8mil contract from the Malaysian government to undertake the expansion of Sapangar Bay Container Port in Sabah.

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Kenanga Research , WCT , Sapangar Bay , port

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