WCT bags RM250mil deal for highway lanes


PETALING JAYA: WCT Holdings Bhd via its wholly-owned subsidiary, WCT Bhd, has accepted a letter of acceptance issued by Projek Lebuhraya Usahasama Bhd worth more than RM249.74mil.

In a filing with Bursa Malaysia, the property developer said it will undertake and execute the works for the construction of additional PLUS highway lanes from Yong Peng to Senai.

The contract is expected to be completed within 36 months from June 28, 2024.

It added the works will include site clearance, demolition works, earthworks, drainage works, pavement works, road markings, road furniture, geo-technical works, bridge structures, environmental protection works, relocation of utilities, road lighting system and extension of vehicular box culvert.

WCT Holdings said none of its directors or major shareholders have any interest, directly or indirectly in the award.

WCT Holdings shares ended 1.29% down to close at 76.5 sen yesterday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read