Malaysia Airports reaches settlement with two klia2 consultants

6 May 2017 Malaysia Airports Holdings Bhd (MAHB) has reached a settlement in the dispute with two of the consulting firms involved in the klia2 development project. The airport operator told Bursa Malaysia that the settlement was reached via negotiation with KLIA Consultancy Services Sdn Bhd (KLIACS) and Straits Consulting Engineers Sdn Bhd (SCE), as … Continue reading Malaysia Airports reaches settlement with two klia2 consultants

WCT to aggressively cut debt

5 March 2016 It will undertake a series of corporate exercises including IPO for construction arm and injection of assets into REIT CONSTRUCTION and property company WCT Holdings Bhd’s (WCT) plans to aggressively reduce its debts beginning this year. Taing: ‘For a start, we intend to raise RM500mil to RM600mil from the construction unit’s IPO.’ … Continue reading WCT to aggressively cut debt

Reduced parking charges at klia2

14 September 2015 Gateway@klia2, the main operator of the klia2 car park, is lowering its car parking rates to benefit those who plan to park at the low-cost carrier terminal for more than three days. In a statement dated Sep 14, Gateway@klia2, a joint venture between WCT Holdings Bhd and Malaysia Airports Holdings Bhd, said … Continue reading Reduced parking charges at klia2

WCT plans 2 new malls

30 May 2015 WHEN WCT Holdings Bhd opened its first mall – the Aeon Bukit Tinggi Shopping Mall – in Klang eight years ago, it was a start to a long-term plan to diversify into shopping mall ownership and management. High traffic: Gatewayklia2 is expected to break even within the next two to three years. … Continue reading WCT plans 2 new malls

Gateway@klia2 to boost Malaysia’s standing as low-cost carrier hub

30 April 2014 The opening of Gateway@klia2 in the new low-cost carrier terminal will be a boost in making Malaysia the leading hub for budget airlines and global aviation industry, says Acting Transport Minister Datuk Seri Hishammuddin Tun Hussein. Gateway@klia2 "I am satisfied and impressed with the final preparations made to open the klia2, particularly … Continue reading Gateway@klia2 to boost Malaysia’s standing as low-cost carrier hub

Eye on Stock: WCT Bhd

8 September 2012 WCT Bhd’s shares had fallen slightly in tandem with the sharp two-day slump on the local bourse recently, but recovered to close 9 sen higher to RM2.63 yesterday. On Thursday, the construction and property development group had proposed a bonus issue on the basis of three bonus shares for every 20 existing … Continue reading Eye on Stock: WCT Bhd

Danajamin guarantees Segi Astana’s RM470 million MTN programme

10 January 2012 sunbiz@thesundaily.com Danajamin Nasional Bhd is guaranteeing Segi Astana Sdn Bhd’s RM470 million 14-year Medium Term Notes (MTN) Programme. The first tranches of the MTN programme totaling RM150 million, with maturity ranging from 11 years to 14 years, were issued today. The issuance, rated AAA(fg) by Malaysian Rating Corp Bhd, was fully subscribed. … Continue reading Danajamin guarantees Segi Astana’s RM470 million MTN programme

Projects worth RM30 bil to put nation on the ETP roadmap

Tuesday October 26, 2010 Nine agreements worth at least RM30bil have been inked between the Government and the private sector, boosting the RM1.3tril Economic Transformation Programme (ETP). “This will convince those who have doubted the ETP,” Prime Minister Datuk Seri Najib Tun Razak said yesterday at the launch of the goal-oriented programme, which is seeking … Continue reading Projects worth RM30 bil to put nation on the ETP roadmap