On 21 December 2018, WCT Berhad jointly together with TSR Bina Sdn Bhd were awarded the RM676.8 million main contract work for a shopping complex by PNB Merdeka Ventures Sdn Bhd. Following the acceptance of the contract, WCT Berhad and TSR Bina Sdn Bhd formed WCT TSR Sdn Bhd, an incorporated joint venture company in the ratio of 51:49 to undertake the contract.
The scope of work includes the construction and completion of an 8-level shopping complex podium, including the architectural works for the basement, retail area, residential drop-off and core, tower link bridge and external works.
The works commenced in January 2019 and is expected to complete within 30 months (2.5 years) from the commencement.
To date, WCT has completed more than 10 shopping mall projects and this contract win represents WCT’s third ongoing shopping mall project.
