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MRCB stands good chance of being picked to undertake RRIM land development

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) could be selected to undertake the development of the Rubber Research Institute (RRIM) land in Sungai Buloh, Selangor.

"We believe this will be an upside catalyst for MRCB," OSK Research Sdn Bhd said in a research note on Friday, May 27.

It maintained a trading "buy" recommendation on MRCB at an unchanged fair value of RM2.58. — Bernama

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