News About MRCB
KUALA LUMPUR (March 1): Malaysian Resources Corp Bhd (MRCB) exceeded its sales target of RM1.2 billion last year to hit RM1.4 billion. This was largely contributed by its Sentral Suites development in KL Sentral and 1060 Carnegie development in Melbourne.
Malaysian Resources Corp Bhd (Jan 3, RM1.25)
KUALA LUMPUR (Jan 3): Shares in Malaysian Resources Corp Bhd (MRCB) rose 5.17% in active trade this morning after CIMB IB Research maintained its “Add” rating on the stock at RM1.16 with a higher target price of RM1.31 (from RM1.19) and said it was more upbeat on MRCB’s infra and highway divestment prospects this year.
KUALA LUMPUR (Dec 27): Malaysian Resources Corp Bhd (MRCB) has entered into agreement with Lembaga Tabung Haji for the pilgrim fund to purchase a 70% stake in 59INC Sdn Bhd, which owns three parcels of land in Setapak for mixed development, for RM100.1 million cash.