Imran Salim takes over helm at MRCB

PETALING JAYA (June 20): Malaysian Resources Corp Bhd (MRCB) has announced that its executive director Imran Salim (pictured) will be re-designated as the group managing director effective July 2 as part of MRCB’s corporate transformation plan.

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MRCB up after option period extended

KUALA LUMPUR (July 6): Malaysian Resources Corp Bhd (MRCB) rose as much as 11 sen or 8% after the builder and property developer extended the option period to buy Nusa Gapurna Development Sdn Bhd's assets.

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EPF, Gapurna to avoid MGO in MRCB cash call

KUALA LUMPUR (June 23): Malaysian Resources Corp Bhd (MRCB) said its major shareholders Employees Provident Fund (EPF) and Gapurna Sdn Bhd (GSB) will avoid triggering any mandatory general offer (MGO) while they apply for excess rights shares and warrants under the group’s cash call exercise.

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‘GIC, Jardine Group keen on MRCB’

KUALA LUMPUR (Dec 8): GIC Pvt Ltd and the Jardine Matheson Group are both said to be showing keen interest in Malaysian Resources Corp Bhd (MRCB), and could each be taking up a stake in the company via its recent proposed private placement exercise, according to a source close to the matter.

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MRCB plans private placement to raise up to RM612 mil

KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd plans to undertake a private placement of up to 20% of its issued and paid-up share capital to its major shareholder Gapurna Sdn Bhd and independent third-party investors to be identified later, which could raise up to RM612.

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