$WCT (9679.MY)$ good video talk about this company ====>[Sh...

AI summary of this video ===>WCT is a well-established construction company in Malaysia with a diversified business including building construction,property development,and asset management.The company has a high debt ratio but the speaker argues that it is not necessarily a bad sign because a significant portion of the debt is used to finance income-generating assets.WCT owns several shopping malls and hotels,and these assets are considered to be mature and well-performing.By setting up a REIT,WCT can unlock the value of its assets and improve its financial transparency.The speaker estimates the potential value of the REIT to be around 40 billion based on the conservative estimates of the underlying assets.The speaker acknowledges the potential risk of the plan,which is the lack of growth potential for the remaining business of WCT after the establishment of the REIT.Investors may become more interested in the REIT and less interested in the remaining company.Overall,the speaker believes that the benefits of setting up a REIT outweigh the risks.It will improve WCT's financial transparency and potentially unlock the value of its assets.

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