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News About MRCB

MRCB exceeds RM1.2b sales target, proposes 1.75 sen dividend

By Syahirah Syed Jaafar Mar 01

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.

Proposed EDL disposal seen as a positive for MRCB

By UOB Kay Hian Research Jan 19

Malaysian Resources Corp Bhd (Jan 18, RM1.19)

MQREIT’s QB8 disposal seen to fund AE1s

By Kenanga Research Jan 10

MRCB-Quill REIT (Jan 9, RM1.20)

Construction sector to be rerated on HSR

By Affin Hwang Capital Jan 09

Construction sector

MQREIT to dispose of property for RM28 million

By Neily Syafiqah Eusoff Jan 09

MRCB’s infrastructure outlook increasingly rail-focused

By CIMB Research Jan 04

Malaysian Resources Corp Bhd (Jan 3, RM1.25)

MRCB active, rises 5.17% on higher target price, positive outlook

By Surin Murugiah Jan 03

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.

MRCB sells 70% of property project in Setapak to Lembaga Tabung Haji for RM100.1m cash

By Adela Megan Willy Dec 27

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.