KUALA LUMPUR (Nov 12): WCT Holdings Bhd's wholly-owned subsidiary WCT Bhd has secured a RM315.6 million job for the engineering, procurement, construction and commissioning (EPCC) of substations from national oil company Petroliam Nasional Bhd (Petronas).

In a filing with Bursa Malaysia today, the group said WCT had received a letter of award from Petronas' subsidiary PRPC Utilities and Facilities Sdn Bhd for the "utilities, interconnecting and offsite facilities: EPCC of substations, field auxiliary rooms, operator shelter building and local control building".

It did not specify, however, which project the job is for or where the works are to be performed.

The scope of work includes earthworks, environmental protection of the site and its surroundings, piling and foundation works, architectural works, architectural modelling works, building structural works, building services works, civil works/external works, health, safety and environmental design.

"The works under the contract are expected to be completed in 33 months from the effective date. It is expected to contribute positively to the group's future earnings and net assets," WCT Holdings said.

WCT shares closed one sen or 0.75% lower at RM1.32 today for a market capitalisation of RM1.6 billion.

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