WCT shares continue to rise on new contract

PETALING JAYA: WCT Holdings Bhd's share price continued to rise by 1.99% this morning, after its unit WCT Bhd bagged a RM211.52 million contract from Kuala Lumpur City Hall (DBKL) to undertake an elevated highway project.
The project will run from the interchange of Sprint Highway/Jalan Maarof to Sprint Highway/Jalan Semantan.
As at 10.36am, the stock stood at RM1.54 with 384,700 shares changing hands. It has a market capitalisation of RM2.17 billion.
WCT said the scope of works include site clearance and demolition works, earthworks, drainage, pavement works, road furniture and miscellaneous, as well as elevated highway construction.