Business

WCT’s unit bags RM315m contract from Putrajaya Holdings

KUALA LUMPUR, March 18 – WCT Bhd’s wholly-owned subsidiary, WCT Construction Sdn Bhd, has received a RM315 million contract from Putrajaya Holdings Sdn Bhd to build commercial office buildings in Precinct 2, Putrajaya.

WCT said the contract is to build two blocks of commercial offices comprising seven-storey podium office and overall 14-storey tower and two levels basement car park.

The 32-month contract from the site possession date is expected to contribute positively to the group’s earnings and net assets for the financial years from 2013 to 2015, WCT said in a filing to Bursa Malaysia today. – Bernama

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