WCT posts 71% Q3 earnings jump to RM41m

22 Nov 2017 - The Star Online
KUALA LUMPUR: WCT Holdings Bhd reported a 71% jump in third quarter earnings to RM41mil from the previous corresponding quarter on higher revenue of RM470mil versus RM414mil a year ago. This brings the group's year-to-date net profit to RM95mil, a 47% increase from RM65mil posted a year earlier. This ...
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AmInvestment maintains Hold on WCT on private placement news

17 Oct 2017 - The Star Online
KUALA LUMPUR: AmInvestment Research has maintained its Hold call on WCT Holdings with a fair value of RM1.91 based on sum-of-parts following WCT's proposed private placement of up to 10% of its existing paid-up share capital. The placement of up to 140 million new shares at an indicative issue price ...
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WCT plans new placement exercise to raise up to RM242mil

16 Oct 2017 - The Star Online
KUALA LUMPUR: WCT Holdings Bhd , which raised RM178mil earlier this year by placing out its shares, proposed a new placement exercise on Monday to raise as much as RM242.2mil more. The latest proposed placement involved the issuance of up to 125 million new shares, representing 10% of its issued share ...
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China's CCCC to make KL its Asean hub, build tower at TRX

25 Sep 2017 - The Star Online
BEIJING: China Communications Construction Co Ltd (CCCC) intends to make Kuala Lumpur its hub for the Asean region as the port and construction group expands its footprint here. “We will set up our regional centre in Kuala Lumpur,” CCCC vice-president Peng Dapeng told reporters at the group’s headquarters ...
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Public Investment maintains earnings estimates for TRC Synergy

6 Sep 2017 - The Star Online
KUALA LUMPUR: Public Investment Research is maintaining its Neutral call on TRC Synergy Bhd following news that it has received an award for a job package for the LRT3, given the limited upside relative to its unchanged target price of 82 sen. TRC Synergy via its wholly owned subsidiary Trans Resources ...
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WCT shares eke out mild gains after RM840m LRT 3 contract

30 Aug 2017 - The Star Online
KUALA LUMPUR: Shares of property-construction company WCT Holdings Bhd eked out mild gains and rose to a high of RM.83 on Wednesday after winning the RM840mil light rail transit three (LRT 3) package. At 10.52am, it was unchanged at RM1.80. There were 1.09 million shares done at prices ranging from RM1.79 ...
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WCT units in land deal with S’pore-based Core

30 Aug 2017 - The Star Online
PETALING JAYA: WCT Holdings Bhd’s wholly owned subsidiaries, WCT Land Sdn Bhd (WCTL) and WCT Precious Development Sdn Bhd (WCTPD), had entered into a shareholders agreement with CCCG Overseas Real Estate Pte Ltd (Core) to develop land held by WCTPD. Following the shareholders agreement, Core has nominated ...
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WCT bags RM840m LRT 3 contract

29 Aug 2017 - The Star Online
KUALA LUMPUR: WCT Holdings Bhd's unit has accepted a RM840mil contract from Prasarana Malaysia Bhd to undertake a package of the Light Rail Transit 3 line. The construction and property company said on Tuesday its unit WCT Bhd had accepted the contract to undertake package GS03 – building the guideways, ...
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WCT profit falls 33% to RM21.48mil on lower revenue

24 Aug 2017 - The Star Online
KUALA LUMPUR: WCT Holdings Bhd's net profit for its second quarter ended June 30, 2017, fell 33% to RM21.48mil from the previous corresponding quarter on the back of lower revenue. The group also posted an unrealised foreign exchange gain on net profit of RM16.2mil. Revenue for the current quarter was ...
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Trading ideas: Zhulian, Digi, Axiata, WCT, Ivory Properties

13 Jul 2017 - The Star Online
KUALA LUMPUR: Zhulian, Digi, Axiata, WCT and Ivory Properties are among the stocks which could see trading interest on Thursday after their corporate news. JF Apex Research said Zhulian’s 2QFY17 net profit jumped 53.5% on-year, thanks to improved margins and lower expenses. As for DiGi, its 2QFY17 ...
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