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WCT Corporate > Our Background > Milestone
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Milestone
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The WCT Story 1981-2011


Milestone

1981

WCT was founded as WCT Earthworks and Building Contractors Sdn Bhd under the Companies Act, 1965, Malaysia.

 

1993

Successfully completed the Group’s first major infrastructure project, the Selangor Turf Club, Sungai Besi, Malaysia.

 

1995

Listed on the Second Board of the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Securities Berhad or Bursa Securities) as WCT Engineering Berhad.

 

1996

Commenced property development activities.

 

1996

Successfully completed the bulk earthworks of the KLIA project.

 

1997

Launched the Group’s first integrated township development, Bandar Bukit Tinggi 1 in Klang, Selangor, Malaysia.

 

1998

Successfully completed the building of the Sepang F1 Circuit.

 

1999

Listing status was transferred to the Main Board (now known as Main Market) of Bursa Securities.

 

1999

Commenced engineering and construction activities in India.

 

2001

Achieved ISO 9002: 1994 certification (Quality Management Systems).

 

2001

Awarded the Malaysia Construction Industry Excellence Award – Special Projects Category for the Sepang F1 Circuit project by CIDB.

 

2001

Awarded the SI-KPMG Shareholder Value Award No. 1 for the Construction, Infrastructure and Property Category.

 

2002

Awarded the Malaysian Construction Industry Excellence Award - Builder of the Year Award by CIDB.

 

2003

Achieved ISO 9001: 2000 Certification (Quality Management Systems).

 

2004

Successfully completed the first overseas project - the construction of the Tada-Nellore Highway in West Bengal, India which is a Build, Operate and Transfer Concession Project.

 

2004

Successfully completed the construction of the Bahrain International F1 Circuit, Bahrain.

 

2004

Awarded the Malaysia Construction Industry Excellence Award – International Achievement Award for the Bahrain International Circuit by CIDB.

 

2004

Listed the property subsidiary, WCT Land Berhad, on the Main Board (now known as the Main Market) of Bursa Securities. It was subsequently taken private in 2007 via a Voluntary Take-over Offer.

 

2005

Awarded the Ministry of International Trade and Industry’s (MITI) Industry Excellence Award – Export Excellence Award 2004, Construction Services Sector.

 

2005

Achieved OHSAS 18001: 1999 Certification (Occupational Health and Safety Management Systems).

 

2006

Annual revenue breached RM1.0 billion mark.

 

2006

Ventured into property investment and management by launching the Bandar Bukit Tinggi Mall, Klang, Malaysia, with Gross Area of 2.1 million sq. ft.

 

2006

Silver Jubilee - 25th Anniversary.

 

2007

Road Engineering Association of Malaysia - Road Engineering Excellence Award.

 

2007

Market Capitalisation breached RM1.0 billion mark.

 

2007

Foray into Vietnam construction market with the award of an Investment Certificate for construction.

 

2007

WCT, together with joint venture partner, Arabtec Holding P.J.S.C., successfully secured the contract to build the storm water and drainage system of the Dubai World Central International Airport.

 

2007

Made inroads into the Abu Dhabi construction market by securing the Group’s third modern F1 Circuit contract in Abu Dhabi. The racing circuit was successfully completed in 2009 and held the inaugural Abu Dhabi F1 Grand Prix from 30 October to 1 November 2009.

 

2007

Became a constituent of the Kuala Lumpur Composite Index components (“KLCI”). WCT is currently a constituent of the FTSE Bursa Malaysia Top 100 Index.

 

2008

Shareholders’ Funds breached RM1.0 billion mark.

 

2008

Awarded Ministry of International Trade and Industry’s Industry Excellence Award - Export Excellence Award 2008 - Construction Services Sector.

2008

Awarded the BrandLaureate Award for Best Brands – Engineering & Construction Category (2007/2008).

 

2008

Made inroads into Vietnam property market with the award of an Investment Certificate for the Platinum Plaza development project in Ho Chi Minh City.

 

2008

Achieved OHSAS 18001: 2007 Certification (Occupational Health and Safety Management Systems).

 

2008

Changed name from WCT Engineering Berhad to WCT Berhad.

 

2009

Record Group Turnover registered at RM4.7 billion.

 

2009

Successfully completed the most modern F1 Circuit in the world, Yas Marina Circuit, Abu Dhabi, U.A.E. within record time of 27 months.

 

2009

Admitted as an International Corporate Ordinary Member of International Real Estate Federation (FIABCI) Malaysian Chapter.

 

2010

Achieved ISO 14001:2004 Certification (Environmental Management Systems).

 

2010

Awarded the following two (2) prestigious awards by the Construction Industry Development Board of Malaysia (“CIDB”) under the Malaysian Construction Industry Excellence Award 2010:-

 

a) International Achievement Award - Yas Marina Circuit, Abu Dhabi, U.A.E. project; and

b) Contractor of the Year 2010 Award - Kota Kinabalu International Airport, Sabah project.

 

2010

Inducted as a member of The Edge Billion Ringgit Club.

 

2010

Launched the Group’s first hotel, Première Hotel, a business class hotel in Klang, Selangor.

 

2011

WCT celebrated its 30th Anniversary on 7 January 2011

 


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