The Edge Malaysia·3 min read·medium

WCT buys EPF’s 30% stake in Paradigm PJ developer for RM140m

WCT buys EPF’s 30% stake in Paradigm PJ developer for RM140m
AI Summary

WCT Holdings Bhd is acquiring the Employees Provident Fund's 30% stake in Jelas Puri Sdn Bhd for RM140 million. This move grants WCT full ownership of the developer behind the Paradigm Petaling Jaya integrated development.

BURSA SGX Home M&A Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (July 31): WCT Holdings Bhd (KL: WCT ) is acquiring the Employees Provident Fund’s (EPF) remaining 30% stake in Jelas Puri Sdn Bhd for RM140 million, giving the construction and property group full control of the developer behind the Paradigm Petaling Jaya integrated development.

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