Construction sector to be rerated on HSR
Construction sector Maintain overweight: The tender for the project delivery partner (PDP) to undertake the Malaysian portion of the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure construction works was called on Nov 22, 2017, and will close on Jan 30, 2018.
MQREIT to dispose of property for RM28 million
KUALA LUMPUR (Jan 8): MRCB-Quill REIT (MQREIT) has announced that Maybank Trustees Bhd — as a trustee for and on behalf of MQREIT — has signed a sale and purchase agreement with Transmark Corporation Sdn Bhd for the disposal of a warehouse-cum-office building for RM28 million cash.
MRCB’s infrastructure outlook increasingly rail-focused
Malaysian Resources Corp Bhd (Jan 3, RM1.
MRCB active, rises 5.17% on higher target price, positive outlook
KUALA LUMPUR (Jan 3): Shares in Malaysian Resources Corp Bhd (MRCB) rose 5.
MRCB sells 70% of property project in Setapak to Lembaga Tabung Haji for RM100.1m cash
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.
DONE DEAL: The Sentral Residences, KL Sentral, Kuala Lumpur
Rented for: RM4,200 monthly (average RM3.
MRCB, Gamuda up on bid as PDP for KL-Singapore HSR project
KUALA LUMPUR (Nov 29): Shares in Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd rose in early trade this morning after the companies collaborated to bid for the role of project delivery partner (PDP) for the Kuala Lumpur to Singapore High Speed Rail (KL-Singapore HSR) project.
MRCB partners Gamuda for KL-S’pore HSR PDP
KUALA LUMPUR (Nov 29): Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd have partnered up to bid for the project delivery partner (PDP) of the Kuala Lumpur-Singapore high-speed rail (HSR) project.
