WCT Bhd unit bags RM322.56 million project

WCT Bhd unit bags RM322.56 million project

KUALA LUMPUR, Dec 15 — WCT Holdings Bhd wholly-owned unit, WCT Bhd, has received a letter of award from PRPC Utilities and Facilities Sdn Bhd, a subsidiary of Petronas, for the RAPID project package worth RM322.56 million.

In a filing to Bursa Malaysia today, WCT, said the contract was for the utilities, interconnecting and offsite facilities, procurement, construction and commissioning of civil and infrastructure works at the storm drain central area for the RAPID Project.

“The scope of work includes phased demolition and restoration, excavation and backfillings, storm drainage, piling, roads and paving, underground piping, structural and other miscellaneous works as specified in the contract.

“The project is expected to be completed in 28 months and will contribute positively to the company’s future earnings and net assets,” it said.