Showing posts with the label WCT Holdings Berhad

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‘Baking’ a Path to Empower Vulnerable Single Mothers

WCT Partners with Ibupreneur for its Deepavali CSR Campaign to Equip 30 Mothers with Baking and Entrepreneurial Skills (fourth from left): Selena Chua, CEO of WCT Malls Management, Rahana Binti Abdul Rashid, WCT Independent Non-Executive Director, Aida Zunaidi, CEO and Co-founder of Ibupreneur Malaysia, Wong Wei Qi, Co-founder of Ibupreneur Malaysia. This Festival of Lights, members of the public are invited to be a part of WCTGives’ ‘Bake to Success’ Corporate Social Responsibility (CSR) campaign by helping single, underprivileged mompreneurs to generate additional income through their baking talents. These mothers will be selling a variety of festive-themed baked goods from November 10 to 12 at a booth located at level CC of Paradigm Mall, Petaling Jaya. Partnering with social enterprise Ibupreneur Malaysia (“Ibupreneur”), the WCTGives campaign by WCT Holdings Berhad (“WCT Group”), an investment holding company with businesses in engineering and construction, property development,

WCT Holdings Berhad Bags Sustainability & CSR Malaysia Awards 2022 – Company of the Year for the Second Time

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, hotels, and business aviation, has once again been awarded the Company of The Year Award under the Engineering, Construction, and Property Development category at the Sustainability and CSR Malaysia Awards 2022 held recently. WCT Holdings Berhad was awarded the Company of The Year Award under the Engineering, Construction, and Property Development category at the Sustainability and CSR Malaysia Awards 2022 held recently. Present to receive the award was Datuk Ab Wahab Bin Khalil, WCT’s Independent Non-Executive Director (second from right). The notable honour was in recognition of WCT’s community support initiatives of RM2.8million throughout FY2021. WCT had partnered with local NGOs alongside government ministries and agencies to participate in various community-based programmes, as well as

WCT Remains Resilient And Cautiously Optimistic As The Economy Continues To Improve

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, hotels, and business aviation, is cautiously optimistic about the current economic outlook, particularly now that Malaysia has transitioned into the endemic phase. The gradual normalisation of economic and social activities will augur well for the Group’s businesses. At the virtual Annual General Meeting (“AGM”) held today, Dato’ Lee Tuck Fook, Group Managing Director of WCT said, “All resolutions tabled at the AGM today were duly approved by our shareholders, which includes the final single tier cash dividend of 0.5 sen per ordinary share for the financial year ended 31 December 2021 (“FY2021”)”. For FY2021, the Group’s revenue remained largely unchanged at RM1.70 billion as compared to FY2020 (FY2020: RM1.70 billion). Despite stagnant revenue growth, the Group achieved a profit attributable