MRCB ropes in EPF to develop Bukit Jalil land

KUALA LUMPUR (June 1): Malaysian Resources Corp Bhd (MRCB) is partnering with its largest shareholder, the Employees Provident Fund (EPF), to jointly develop three parcels of leasehold land in Bukit Jalil into an integrated development, which will have a potential gross development value (GDV) of RM21 billion over a 20-year period.

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Ho Hup expects a ‘fantastic’ FY18

KUALA LUMPUR (May 19): Ho Hup Construction Co Bhd is expecting to post a set of "fantastic" results for its financial year ending Dec 31, 2018 (FY18), driven by sales from projects it will be launching at the end of this year, and receivables anticipated from its joint development with Malton Bhd.

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MRCB makes cash call to raise up to RM2.86 bil

KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) announced this evening that it has proposed a one-for-one renounceable rights issue to raise fresh cash from shareholders to pare down its borrowings and to finance the refurbishment of the national sports complex in Bukit Jalil here.

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