• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


OTHERS WCT HOLDINGS BERHAD ("WCT" OR "THE COMPANY") - Supplemental Agreement between Malaysia Airports Holdings Berhad, Malaysia Airports (Sepang) Sdn Bhd, WCT Berhad, WCT Land Sdn Bhd and Segi Astana Sdn Bhd in relation to Concession Agreement, Sub-Lease Annexure and Shareholders Agreement

WCT HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
WCT HOLDINGS BERHAD ("WCT" OR "THE COMPANY")
-	Supplemental Agreement between Malaysia Airports Holdings Berhad, Malaysia Airports (Sepang) Sdn Bhd, WCT Berhad, WCT Land Sdn Bhd and Segi Astana Sdn Bhd in relation to Concession Agreement, Sub-Lease Annexure and Shareholders Agreement

The Board of Directors of WCT ("Board") wishes to announce that WCT Berhad (“WCTB”), WCT Land Sdn Bhd (“WCTL”) [both wholly-owned subsidiaries of the Company] and Segi Astana Sdn Bhd (“SASB”) [a 70% owned jointly controlled entity] have on 28 May 2024 entered into a supplemental agreement with Malaysia Airports Holdings Berhad (“MAHB”) and Malaysia Airports (Sepang) Sdn Bhd (“MA Sepang”) (“Supplemental Agreement”) for the purpose of varying the terms and conditions of the following principal agreements further to MAHB’s agreement on the proposed extension of the concession period in favour of SASB for a further period of twenty-two (22) years (“Second Extension”) subject to the terms and conditions as stipulated therein:

   (a) The Principal Concession Agreement entered into between MAHB, WCTB and SASB;

   (b) The Principal Sub-Lease Annexure entered into between MA Sepang and SASB; and

   (c) The Principal Shareholders Agreement entered into between WCTL, MAHB and SASB.

 

Further details of the announcement are set out in the attachement below.

This announcement is dated 28 May 2024.

 




Please refer attachment below.



Announcement Info

Company Name WCT HOLDINGS BERHAD
Stock Name WCT
Date Announced 28 May 2024
Category General Announcement for PLC
Reference Number GA1-28052024-00042



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X