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Showing posts with the label WCT Holdings Berhad
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WCT Supports Local Community Through Hari Raya AIDILADHA Initiative
WCT Holdings Berhad (“WCT” or “the Group”), an investment holding company with businesses in engineering and construction, property development, as well as investment in and management of retail malls, hotels, and business aviation, reaffirmed its commitment to community well-being through a corporate social responsibility (CSR) initiative held in conjunction with Hari Raya Aidiladha. The initiative involved the korban ritual at Surau Al- Mukmin, Taman Mutiara Gombak. Organised under WCTGives and guided by its #WeCareTogether pillar, the initiative aimed to support the local community while fostering the spirit of compassion, unity, and giving during the festive season. As part of the initiative, WCT and Surau Al-Mukmin came together to carry out the korban ritual, reflecting their shared care and support for the local community. Meat from the korban ritual was distributed to approximately 200 asnaf and B40 beneficiaries in the surrounding area, ensuring that the initiative meaningfu...
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WCT Empowers Low-income Women With Income-generating Skills Through WCTGives “Threads Of Hope”
WCT Holdings Berhad (“WCT” or “the Group”), an investment holding company with businesses in engineering and construction, property development, as well as investment in and management of retail malls, hotels, and business aviation, has launched its latest corporate social responsibility (“CSR”) initiative, WCTGives “Threads of Hope”, in collaboration with Grace Community Services (“GCS”) and Hazel & Nutz. Organised under WCT Gives and guided by the #WeCareTogether and #EducationforAll pillar, the initiative aims to equip 20 women from B40 and vulnerable low-income communities with practical, income-generating sewing skills, enabling them to strengthen their capabilities, build sustainable livelihoods, and improve their financial resilience. WCT has launched its latest CSR initiative, WCTGives“Threads of Hope”, in collaboration with Grace Community Services and Hazel & Nutz. Through its engagement with GCS, WCT identified that many women within the community already possess ba...
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‘Baking’ a Path to Empower Vulnerable Single Mothers
WCT Partners with Ibupreneur for its Deepavali CSR Campaign to Equip 30 Mothers with Baking and Entrepreneurial Skills (fourth from left): Selena Chua, CEO of WCT Malls Management, Rahana Binti Abdul Rashid, WCT Independent Non-Executive Director, Aida Zunaidi, CEO and Co-founder of Ibupreneur Malaysia, Wong Wei Qi, Co-founder of Ibupreneur Malaysia. This Festival of Lights, members of the public are invited to be a part of WCTGives’ ‘Bake to Success’ Corporate Social Responsibility (CSR) campaign by helping single, underprivileged mompreneurs to generate additional income through their baking talents. These mothers will be selling a variety of festive-themed baked goods from November 10 to 12 at a booth located at level CC of Paradigm Mall, Petaling Jaya. Partnering with social enterprise Ibupreneur Malaysia (“Ibupreneur”), the WCTGives campaign by WCT Holdings Berhad (“WCT Group”), an investment holding company with businesses in engineering and construction, property development,...
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WCT Holdings Berhad Bags Sustainability & CSR Malaysia Awards 2022 – Company of the Year for the Second Time
WCT Holdings Berhad (“WCT” or “the Group) an investment holding company with businesses in engineering and construction, property development and investment in and management of retail malls, hotels, and business aviation, has once again been awarded the Company of The Year Award under the Engineering, Construction, and Property Development category at the Sustainability and CSR Malaysia Awards 2022 held recently. WCT Holdings Berhad was awarded the Company of The Year Award under the Engineering, Construction, and Property Development category at the Sustainability and CSR Malaysia Awards 2022 held recently. Present to receive the award was Datuk Ab Wahab Bin Khalil, WCT’s Independent Non-Executive Director (second from right). The notable honour was in recognition of WCT’s community support initiatives of RM2.8million throughout FY2021. WCT had partnered with local NGOs alongside government ministries and agencies to participate in various community-based programmes, as well as...
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WCT Remains Resilient And Cautiously Optimistic As The Economy Continues To Improve
WCT Holdings Berhad (“WCT” or “the Group”), an investment holding company with businesses in engineering and construction, property development and investment in and management of retail malls, hotels, and business aviation, is cautiously optimistic about the current economic outlook, particularly now that Malaysia has transitioned into the endemic phase. The gradual normalisation of economic and social activities will augur well for the Group’s businesses. At the virtual Annual General Meeting (“AGM”) held today, Dato’ Lee Tuck Fook, Group Managing Director of WCT said, “All resolutions tabled at the AGM today were duly approved by our shareholders, which includes the final single tier cash dividend of 0.5 sen per ordinary share for the financial year ended 31 December 2021 (“FY2021”)”. For FY2021, the Group’s revenue remained largely unchanged at RM1.70 billion as compared to FY2020 (FY2020: RM1.70 billion). Despite stagnant revenue growth, the Group achieved a profit attributable ...
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