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Monday, 16 July 2012


Earlier news about developer WCT’s development in OUG

*  WCT buys land in OUG for RM450M (The Edge, 15 March 2012)
WCT would pay a cash consideration of RM450 million to acquire the entire equity interest in Timor Barat Properties Sdn Bhd, which owns three parcels of land totalling about 60 acres in Taman Yarl, off Old Klang Road.
This will be WCT’s single largest development outside Klang where most of its projects are built.

*   WCT to add 2 more malls to portfolio (The Star, May 24, 2012)
            "The fourth shopping mall in the pipeline will be part of the 57-acre mixed development of commercial and residential project in Overseas Union Garden with a total gross development value of RM4bil," he said.

*  WCT to develop next mall in OUG (The Edge, 25 May 2012)
            WCT is in the preliminary stages of planning another shopping centre in OUG. This new development will be located along the Kesas Highway, just before Endah Parade in Seri Petaling

*   手握7億新合約WCT覬覦大型工程  (星洲日报, 熱股評析, 2012-07-05)
            該公司在華聯花園的57英畝土地,將進行總值40億令吉的綜合產業計劃,包括另外100萬平方尺的購物中心,及其他住宅/商業等產業。

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