PAVILION REIT, WCT HOLDINGS BERHAD, AND MALTON BERHAD PLEDGE RM2 MILLION TOWARDS FLOOD RELIEF EFFORTS
BUKIT JALIL, 5 JANUARY 2022 – In the spirit of building new beginnings for the new year, Pavilion REIT, WCT Holdings Berhad and Malton Berhad have jointly embarked on a donation drive by contributing a total of RM2 million in cash and kind to help flood victims in affected states.
As part of a Corporate Social Responsibility effort to ensure that the immediate needs of affected communities are taken care of in the aftermath of the floods, Pavilion REIT together with WCT Holdings Berhad and Malton Berhad collaborated with the Tabung Ikhtiar Selangor Bangkit Siri Ke-2, Malaysian Red Crescent Society, and Mercy Malaysia to help ease the burden on flood relief groups who are working tirelessly to support those in need.
The mock cheque was presented to Yang Berbahagia YTM Dato’ Seri Diraja Tan Sri Tunku Puteri Intan Safinaz binti Almarhum Sultan Abdul Halim Muadzam Shah, Tunku Temenggong Kedah, National Chairperson of the Malaysian Red Crescent Society; Yang Berusaha Dr. Shahril Bin Baharim, Bendahari, Negeri Selangor, Tabung Ikhtiar Selangor Bangkit Siri Ke-2; and Yang Berbahagia Datin Raja Riza Shazmin, Vice President of Mercy Malaysia in a mock cheque presentation ceremony at Pavilion Bukit Jalil on 5 January 2022 by Dato’ Philip Ho, CEO of Pavilion REIT Management Sdn. Bhd. accompanied by Mr. Peter Chow, Deputy Managing Director of WCT Holdings Berhad and Mr. Chua Thian Teck, Executive Director of Malton Berhad.
The flood relief program is in line with the role as socially responsible corporate citizens to assist in providing aid to communities affected by the flood. The RM2 million donation will go towards addressing the needs of victims including medical assistance, food supplies, hygiene items and other relief necessities.
Pavilion REIT together with WCT Holdings Berhad and Malton Berhad hope that this contribution will make a difference during this difficult period as we focus our efforts on aiding communities affected by the floods and providing them with the necessities they need to rebuild their homes.
About Pavilion REIT
Listed on 7 December 2011, with the largest exposure to the retail sector by any listed Malaysian REIT, Pavilion REIT owns a RM5.9 billion portfolio based on appraised value, to which its most prominent asset is the Pavilion Kuala Lumpur Mall which is located in Bukit Bintang, Kuala Lumpur, Malaysia. Pavilion REIT is established with the principal investment policy of investing, directly and indirectly, in a diversified portfolio of income producing real estate used solely or predominantly for retail purposes (including mixed – use developments with a retail component) in Malaysia and other countries within the Asia-Pacific region. For more details, please visit www.pavilion-reit.com
About WCT Holdings Berhad
Founded in 1981, WCT was listed on the Bursa Malaysia in 1995. Currently with 2,000 employees and presence in six countries, WCT is an investment holding company involved in engineering and construction, property development and investment & management activities. Its engineering and construction expertise covers F1 racing circuits, airports, dam and water supply scheme, expressways and highways, civil works, buildings and rail-based infrastructure works. The company's property development and investment & management portfolio includes townships, luxury homes, high-rise residences, integrated commercial developments, concession assets, hotels, and shopping malls. The Group owns five shopping malls/ centre – Bukit Tinggi Shopping Centre in Klang, the airport malls – gateway@klia2 and SkyPark Terminal in Selangor, Paradigm Mall in Petaling Jaya and Paradigm Mall in Johor Bahru. The Group also owns Première Hotel in Klang and New World Hotel in Paradigm Petaling Jaya. WCT currently has a land bank of approximately 820 acres in Malaysia. For more information about WCT, please visit www.wct.com.my.
About Malton Berhad
Listed on the Main Board of Bursa Malaysia in 2002 under the stock code (6181), Malton Berhad (“Malton”) and its subsidiaries (“Group”) are principally involved in Property Development, Construction and Project Management. The Group has continuously set new benchmark in creating harmonious community living and value creation for its homebuyers. Malton’s vast portfolio includes integrated developments, luxury landed and high- rise residences, offices, commercial properties and townships in prime areas of Greater Kuala Lumpur, Selangor, Penang and Johor. For more details, please visit www.malton.com.my
For media enquiries, please contact:
Kung Suan Ai, Director of Marketing Kuala Lumpur Pavilion Sdn. Bhd.