WCE Holdings Berhad

WCE Holdings Berhad is a Malaysian public company incorporated in December 2000 and listed on 17 November 2003. Its principal activity is the implementation of the West Coast Expressway (WCE) project through its 80%-owned subsidiary, West Coast Expressway Sdn Bhd, an ISO 9001:2015 and ISO 14001:2015 certified company. The WCE is a 233-kilometre build-operate-transfer (BOT) privatisation initiative running from Banting in Selangor to Taiping in Perak, designed as an alternative north–south alignment along Peninsular Malaysia's west coast to improve regional mobility and economic integration. The group's business is dominated by the toll concession segment, which contributed 77% of total revenue in its 2025 financial year. Toll revenue more than doubled to RM125.2 million from RM60.4 million in the preceding year, driven by full-year contributions from Section 6 (Bandar Bukit Raja – Assam Jawa) and Section 11 (Beruas – Taiping Selatan). Group revenue rose 2.3% year on year from RM614.7 million to RM629.1 million, while EBITDA increased significantly to RM98.2 million. Loss before tax narrowed by 18% to RM134.3 million despite high interest costs related to completed sections. As of mid-2025, overall construction progress on the WCE reached 95%, with eight of eleven sections completed and opened to traffic: Section 1 (Banting–SKVE), Section 2 (SKVE–KESAS), Section 5 (Bandar Bukit Raja Selatan–Bandar Bukit Raja Utara), Section 6 (Bandar Bukit Raja Utara–Assam Jawa), Section 8 (Hutan Melintang–Teluk Intan), Section 9 (Kampung Lekir–Changkat Chermin), Section 10 (Changkat Chermin–Beruas), and Section 11 (Beruas–Taiping Selatan). Sections 1 and 2 opened in August 2024 and January 2025 respectively. The group positions itself around sustainable infrastructure development, national connectivity, economic value creation, and long-term growth. It maintains corporate governance frameworks including a board charter, code of ethics and conduct, terms of reference, anti-bribery and corruption policy, and whistleblowing policy.

WCE Holdings Berhad was incorporated in December 2000 and listed on 17 November 2003. The company was established primarily to undertake the West Coast Expressway (WCE) project, a 233-kilometre build-operate-transfer (BOT) privatisation initiative running from Banting in Selangor to Taiping in Perak. The project is executed through its 80%-owned subsidiary, West Coast Expressway Sdn Bhd, which is certified to ISO 9001:2015 and ISO 14001:2015 standards. The WCE is designed as a vital alternative north–south alignment along Peninsular Malaysia's west coast, intended to improve regional mobility and economic integration. Construction has proceeded in eleven sections. By mid-2025, overall progress reached 95%, with eight sections completed and opened to traffic. Section 1 (Banting–SKVE) and Section 2 (SKVE–KESAS) opened in August 2024 and January 2025 respectively. Other opened sections include Section 5 (Bandar Bukit Raja Selatan–Bandar Bukit Raja Utara), Section 6 (Bandar Bukit Raja Utara–Assam Jawa), Section 8 (Hutan Melintang–Teluk Intan), Section 9 (Kampung Lekir–Changkat Chermin), Section 10 (Changkat Chermin–Beruas), and Section 11 (Beruas–Taiping Selatan). Financially, the group's toll concession segment remains the key revenue contributor, accounting for 77% of total revenue in the 2025 financial year. Toll revenue more than doubled to RM125.2 million from RM60.4 million in the preceding year, driven by full-year contributions from Sections 6 and 11. Group revenue increased 2.3% year on year from RM614.7 million to RM629.1 million, while EBITDA rose significantly to RM98.2 million. Loss before tax narrowed by 18% to RM134.3 million despite high interest cost recognition related to completed sections. The group maintains a corporate governance framework that includes a board charter, code of ethics and conduct, terms of reference, anti-bribery and corruption policy, and whistleblowing policy. It states a commitment to sustainable infrastructure development, national connectivity, economic value creation, and long-term growth.

• 2025

  Section 2 (SKVE–KESAS) opened in January 2025.

• 2025

  Overall construction progress reached 95% with eight of eleven sections opened as of mid-2025.

• 2024

  Section 1 (Banting–SKVE) opened in August 2024.

• 2003

  Listed on 17 November 2003.

• 2000

  Incorporated in December 2000.

Sustainable infrastructure development supporting national connectivity and economic value creation.

• West Coast Expressway (WCE) Project

  233 km build-operate-transfer highway from Banting, Selangor to Taiping, Perak.

1. 1WCE Holdings Berhadwcehb.com.my
2. 2Corporate Profile – WCE Holdings Berhadwcehb.com.my
3. 3Corporate Structure – WCE Holdings Berhadwcehb.com.my
4. 4Corporate Governance – WCE Holdings Berhadwcehb.com.my
5. 5Wce Holdings Berhadwikidata.org