Consensus estimate puts WCT full year earnings forecast at RM160mil. Analysts said WCT are involved in the Mass Rapid Transit (MRT) project and Tun Razak Exchange development. “Currently, all of our construction jobs are progressing well,” WCT managing director Datuk Lee Tuck Fook said in a statement. WCT share price ended the day down half a sen at 79.5 sen, hovering near its lowest level since March 2009. Desmond Lim, the single largest shareholder in WCT with close to a 20% stake in the company, had strong ties with the previous administration under Datuk Seri Najib Tun Razak.

Source: The Star May 23, 2018 10:52 UTC