KUALA LUMPUR: WCT Holdings Bhds wholly-owned unit, WCT Bhd, has accepted a contract from Boustead Ikano Sdn Bhd to develop a business complex at Jalan Cochrane, Kuala Lumpur, worth RM651.62 million. WCT, in a filing to Bursa Malaysia yesterday, said the scope of contract included the construction of a major retail shopping centre with two levels of basement car parks, four levels of retail, food and beverages and four levels of elevated car parks. It said the work was expected to be completed in the second half of 2016 and the contract was expected to contribute positively to the groups future earnings and net assets.
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