WCT's 50% owned CWCT gets RM467m Bahrain job

KUALA LUMPUR: WCT BHD []'s 50% owned Cebarco-WCT W.L.L. (CWCT) has received a contract from MAF Investments Bahrain BSC for the Bahrain City Centre in Manama and the final value is RM467 million compared with the initial value of RM246 million.

WCT said on Monday, Feb 8 it had received the duly executed contract dated Feb 4 from MAF and the date of full completion and handover is Dec 16, 2010.

"The contract is expected to contribute positively to the earnings and net assets of the group for the financial year ending Dec 31, 2010," it said.

To recap, WCT had on Aug 23, 2007 announced CWCT had announced the letter of intent issued by MAF was for an initial value of about RM246 million.

The letter was for the works relating to the fit-out phase of the hotels to be constructed under the project. The shell and core works for the hotels were earlier constructed by CWCT under a previous contract.


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FAJAR SHARE BUY BACK

9 FEB 2010
http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/6D226C7C6B86A937482576C50032036A?OpenDocument


8 FEB 2010

7047

Notice of Shares Buy Back - Immediate Announcement

Date of Buy Back : 08/02/2010 Description of Shares Purchased : Ordinary Shares of RM0.50 each No. of Shares Purchased : 200,000 shares Minimum Price Paid For Each Share Purchased : RM 1.040 Maximum Price Paid For Each Share Purchased : RM 1.070 Total Consideration Paid : RM 211,685.30 No. of Shares Purchased Retained in Treasury : 200,000 shares No. of Shares Which Are Proposed To Be Cancelled : 0 shares Cumulative Net Outstanding Treasury Shares As At To-Date : 2,941,370 shares Adjusted Issued Capital After Cancellation : 0 Date Lodged With Registrar of Company : Lodged By : Remarks: N/A Submitted By: TAN KOK AUN / WONG WAI YIN

08/02/2010 05:41 PM