MRCB’s 80% stake buyout in Bukit Jalil Sentral Property from EPF deemed 'fair and reasonable'
Kenanga IB highlighted the strategic location of the lands—about 1.
MRCB inks MOU with RUA AlHaram AlMakki for King Salman Gate development in Makkah
MRCB was one of six international organisations to sign MOUs with the developer, alongside parties from Saudi Arabia, Indonesia, Brunei and the US.
MRCB buys EPF’s 80% stake in Bukit Jalil Sentral project for RM1.58b, explores data centre development
The land, it said, "can serve as an enlarged hub" for the Malaysian Research Accelerator for Technology & Innovation (MRANTI) Park, which is located 1.
MRCB sees 70% drop in 2Q profit on lower billings
Going forward, MRCB said its property development and investment division remains focused on enhancing cash flow by monetising unsold completed stocks in Malaysia, as well as achieving its earmarked RM2.
MRCB firms up deal to jointly develop RM6.25b GDV Ipoh Sentral
The group on Friday inked an agreement with Ipoh Sentral Sdn Bhd (ISSB), following the memorandum of agreement signed between the parties in January, according to a bourse filing.
MRCB bags RM2.94 bil Kompleks Sukan Shah Alam contract
MRCB said the project was awarded to its wholly owned subsidiary, Lembaran Prospek Sdn Bhd, and will span a development period of 48 months.
Cyberview strengthens position, now fully controls largest landbank within Cyberjaya City Centre
“This initiative will not only accelerate Cyberjaya’s transformation into a world-class tech and innovation ecosystem but also solidify Malaysia’s position as a key player in the global digital economy.
MRCB strikes land deals with MOF unit
At the same time, MRCB is buying seven parcels of land in Cyberjaya and Dengkil from Cyberview for RM287.
MRCB wins RM2.47b LRT3 reinstatement project, sees earnings contract in FY2024
The scope of work includes the construction of five reinstated stations along the LRT3 line, the construction of two electric vehicle bus depots in Shah Alam and Johan Setia, the supply of light rail vehicles as well as construction-related infrastructure and system works.
Long road ahead for MRCB with Ipoh Sentral project, analysts say
The transit-oriented development project will add 19% to MRCB’s total remaining gross development value (GDV), for it to reach RM38.
