Grand-Flo Modifications Title To NCT Alliance

KUALA LUMPUR (July 11th): Grand-Flo Bhd has changed its name to NCT Alliance Bhd.

Executive Chairman and Group Managing Director Datuk Seri Yap Ngan Choy said the new company name is in line with the group’s ambition to position NCT Alliance as a leading real estate developer specializing in redeveloping abandoned projects.

“For us this means a fresh start, as we use our core competencies in the real estate sector.

“The recent acquisition is the first step towards becoming one of the top 10 developers in the country,” he said in a statement today.

To date, NCT Alliance has carried out several property development projects including Grand Ion Majestic (GIM), Grand Ion Delemen (GID), Mahkota Kampar, and Acacia Residences.

The shares of the NCT Alliance would be traded and listed from Monday, July 12, 2021, 9:00 am in Bursa Malaysia under the new share name “NCT”.

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