MRCB falls 5.84% after high speed rail project nixed
KUALA LUMPUR (May 30): Malaysian Resources Corp Bhd (MRCB) shares fell 5.
KUALA LUMPUR (May 30): Malaysian Resources Corp Bhd (MRCB) shares fell 5.
KUALA LUMPUR (May 22): Shares of Malaysian Resources Corp Bhd (MRCB) rose 1.
KUALA LUMPUR (May 21): Malaysian Resources Corp Bhd (MRCB) remains hopeful that it can complete its disposal of the Eastern Dispersal Link (EDL) to the Malaysian government by the end of this year.
MRCB-Quill Real Estatement Investment Trust (May 18, RM1.
PETALING JAYA (May 19): The Employees Provident Fund (EPF) is studying the sale of the Axiata Tower in Kuala Lumpur Sentral, with the Grade A office tower likely to fetch as much as RM530 million, reported The Edge weekly.
KUALA LUMPUR (May 17): MRCB-Quill REIT (MQREIT) saw its net property income (NPI) for the first financial quarter ended March 31, 2018 (1QFY18) fell by 7% to RM34.
KUALA LUMPUR (May 4): Minority shareholders of Malaysian Resources Corp Bhd (MRCB) have been advised to vote in favour of a management contract between its 70%-owned unit Kwasa Sentral Sdn Bhd and MRCB Land Sdn Bhd, a wholly-owned subsidiary of MRCB, to jointly develop the town centre of the Kwasa Damansara township on 64.
KUALA LUMPUR (May 3): “Advanced work” on the Kuala Lumpur-Singapore high speed rail (HSR) is slated to begin by the end of this year following the letters of award for the project delivery partners (PDPs) yesterday, according to MyHSR Corp Sdn Bhd.
KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.
Construction sector Maintain overweight: The project delivery partner (PDP) contract for the high-speed rail (HSR) Malaysian infrastructure works was split between the YTL Corp-TH Properties and MRCB-Gamuda consortiums.