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The Group continues to allocate 0.2% of its total annual revenue for CSR programmes and kickstarted the initiative with ‘Feed the Needy’ in conjunction with Deepavali WCT announced the launch of its new proposition, ‘WCTGives’ as a pledge to commit to its CSR programmes and as an extension of the Group’s sustainability effort to contribute to society and environment. The proposition encompasses three pillars, namely #WeCareTogether, #EducationforAll, and #AGreenerTomorrow that aim to enrich the lives of the community, provide education support to the underprivileged, as well as to preserve the environment. WCT Holdings Berhad (“WCT” or “the Group) an investment holding company with businesses in engineering and construction, property development as well as investment in and management of retail malls, hotels, and business aviation, today announced the launch of its new proposition, ‘WCTGives’ as a pledge to commit to its CSR programmes and as an extension of the Group’s sustain...

WCT Holdings Berhad (“WCT” or “the Group”), an investment holding company with businesses in engineering and construction, property development and investment in and management of retail malls and hotels registered revenue of RM421 million for its fourth quarter ended 31 December 2021 (“Q4FY21”) as compared to RM543 million in the preceding year’s corresponding quarter. The Group registered profit attributable to equity holders at RM51 million as compared to a loss attributable to equity holders of RM223 million recorded in the corresponding fourth quarter of 2020. For the current year, the Group recorded a higher revenue of RM1,753 million as compared to the RM1,705 million registered in the preceding year (“4QFY20”). The Group’s profit attributable to equity holders increased to RM97 million as compared to the preceding year’s loss of RM214 million. The Group’s Engineering and Construction Division continued to maintain upward momentum for the current year, with revenue and operating...

Unlocking access to convenient lifestyle services and exclusive rewards for WCT Buddy’s app members WCT Holdings Berhad (“WCT” or “the Group”), an investment holding company with businesses in engineering and construction, property development and investment in and management of retail malls and hotels introduced the all-new enhanced lifestyle community WCT Buddy mobile app, providing value-added benefits to its customers, property owners and communities. WCT Buddy , the Group’s flagship loyalty programme introduced in 2018 is designed to connect with its communities by rewarding Buddy points instantly. Registered Buddy members who shop at the participating merchants across WCT Malls, namely Paradigm Mall Petaling Jaya, Paradigm Mall Johor Bahru, gateway@klia2 and SkyPark Terminal receive points and rewards. Now, the enhanced WCT Buddy mobile app offers seamless experiences across WCT businesses, including properties by WCT Land and hotels where members can enjoy exclusive features s...

Recording RM436 million in revenue and RM16 million profit attributable to equity holders amidst the pandemic WCT Holdings Berhad (“WCT” or “the Group”), an investment holding company with businesses in engineering and construction, property development and investment in and management of retail malls and hotels recorded a higher revenue of RM436 million for its second quarter ended 30 June 2021 (“Q2FY21”) as compared to RM375 million in the preceding year’s corresponding quarter. The Group’s profit attributable to equity holders increased more than 2 times to RM16 million as compared to RM7 million recorded in the corresponding second quarter of 2020. The positive performance is a testimony of the Group’s resilience amidst the Covid-19 resurgence during the second quarter of 2021 which impacted economic recovery and growth. “Bank Negara Malaysia has revised its full-year gross domestic product growth forecast for Malaysia to between 3% and 4%, from the previous forecast of between 6% ...

WCT Holdings Berhad (“the WCT Group”), an investment holding company with businesses in engineering and construction, property development and investment, management of retail malls and hotels, together with its associates are set to vaccinate 2,400 of their workforce via the Mobile Vaccination MYMedic@Wilayah Pilot Program administered under the jurisdiction of the Ministry of Federal Territories (“FT Ministry”) this weekend. The activation of MYMedic@Wilayah mobile vaccine trucks in the federal capital is to protect the workforce from the heightened risk of the Covid-19 virus within the working construction areas. The two days vaccination programme, starting from 12 June 2021 to 13 June 2021 will see its engineering and construction division project site staff getting their first dose of the Sinovac vaccine. This initiative is part of WCT Group’s effort to protect its workforce from the heightened risk of the Covid-19 virus and prevent the spread of the virus within the working co...

RM444 million revenue, RM65 million profit reflects resilience WCT Holdings Berhad (“the Group”), an investment holding company with businesses in engineering and construction, property development and investment in and management of retail malls and hotels, recorded a higher revenue of RM444 million for its first quarter ended 31 March 2021 (“Q1FY21”) as compared to RM363 million in the preceding year’s corresponding quarter, 31 March 2020 (“Q1FY20”), reflecting the Group’s resilience amidst the Covid-19 pandemic. The Group’s profit attributable to equity holders for the period leapt to RM65 million as compared to loss attributable to equity holders of RM0.017 million registered in the preceding year’s corresponding quarter. The Group’s Engineering and Construction Division continues to show stable performance, contributing 52% to the Group’s consolidated revenue. In Q1FY21, revenue of RM231 million (Q1FY20:RM241 million) was recorded. Its operating profit surged to RM57 million from ...

Appointed PR agency on record for WCT Holdings Berhad plus seven of its subsidiaries through a competitive pitch Citrine One Malaysia (“COMY”) has today announced it has been appointed as WCT Holdings Berhd’s (“WCT Group”) public relations agency on record with effect from 1st April 2021. The group-wide appointment also made COMY the PR agency on record for seven other business entities under its wings namely WCT Land, WCT Malls Management which includes Paradigm Mall Petaling Jaya and Paradigm Mall Johor Bahru along with its two airport malls - gateway@klia2, SkyPark Terminal and Première Hotel Klang. The appointment was made following a competitive pitch between two other agencies early February, in which COMY presented an integrated PR approach combining brand innovation, community partnership, media relations and thought leadership initiatives to make WCT’s brand promise of delivering excellence more relatable to the community. Ivlynn Yap “As standalone brands, WCT Group’s subsidia...