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WCT - A KABOOM STOCK!!!
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DATE: 10 NOVEMBER 2017
STOCK: WCT [RM1.68]
TARGET PRICE: WILL RELEASE IN SGT ROOM TODAY!
"Just take an attention and monitor it closely by tomorrow will be amazing friday!" - Kim Spartan
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THE PROFILE
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WCT Group was first established with the incorporation of WCT Earthworks & Building Contractors Sdn Bhd on 14 January 1981 and subsequently changed its name to WCT Berhad (“WCTB”). WCTB was listed on the Main Market of Bursa Securities and was one of the FBM100 Component Stocks before the WCT Group undertook an internal reorganisation in year 2013. Following the successful internal reorganisation of WCT Group on 8 July 2013, WCTB had transferred its listing status on the Main Market of Bursa Securities to WCT Holdings Berhad (“WCTH”) (Company No. 930464-M). Consequently, the WCT Group’s various business operations have now come under WCTH.
WCTH is an investment holding company with an investment in two main subsidiaries, WCTB and WCT Land Sdn Bhd which are primarily involved in engineering and construction, property development and investment & management activities.
WCT Berhad
Engineering and Construction Division – the principal activities of the division are engineering works specialising in earthworks, construction of highways, building and related infrastructure works and provision of management services.
WCT Land
Property Development and Investment & Management Division - the division is mainly engaged in the development of residential properties, integrated townships and commercial properties. It is also engaged in the ownership and management of hotels, shopping malls and concession assets.
From a humble beginning in 1981 as a one-machine company involved in earthworks, WCT has grown to the size, scope and strength it has today and in the process, evolved into a global brand, recognised for its ability to deliver world-class quality. Over the years, the company has grown to be one of Malaysia’s leading engineering & construction companies and property developers.
Its scope of engineering and construction expertise covers F1 racing circuits, airports, dams and water supply schemes, expressways and highways, civil works, interior fit-out works and monumental buildings such as shopping complexes and government administrative centres.
The company’s property development and investment & management portfolio includes townships, luxury homes, high-rise residences, industrial properties, offices, integrated commercial developments, concessions, hotels and shopping malls. WCT currently has a land bank of approximately 924 acres in Malaysia.
The Group owns and operates Première Hotel, Klang and owns 3 shopping malls – Bukit Tinggi Shopping Centre in Klang, Paradigm Mall in Petaling Jaya, and the integrated complex – gateway@klia2 in Sepang Selangor. The modern gateway@klia2 is the Group’s third retail project and is part of the long-term concession with Malaysia Airport Holdings Berhad. The Group’s fourth shopping mall, Paradigm Mall in Johor Bahru is expected to be opened in the last quarter of 2017.
With a workforce of over 2,000 people, the Group’s global presence can be seen in 6 countries ranging from Malaysia and Qatar, to UAE, Bahrain, India and Vietnam.
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"Just take an attention and monitor it closely by tomorrow will be amazing friday!" - Kim Spartan
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Kim Stockwatch
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