MRCB-Quill REIT 2Q net income up 43%, declares 4.23 sen DPU
KUALA LUMPUR (Aug 11): MRCB-Quill Real Estate Investment Trust's (MQREIT) realised net income rose 43.
Construction stocks flat after ECRL launch, but Ann Joo runs up
KUALA LUMPUR (Aug 10): The ground-breaking ceremony of the East Coast Rail Line (ECRL) yesterday failed to lift construction stocks this morning, despite the sector being touted as the biggest beneficiary of the ECRL in the near- to medium-term.
Malaysian builder BGMC to list on Hong Kong exchange
KUALA LUMPUR (Aug 1): Malaysia-based construction services company, BGMC International Ltd (BGMC) is set to list on the Main Board of the Hong Kong Stock Exchange (HKSE) on Aug 9.
MRCB up after option period extended
KUALA LUMPUR (July 6): Malaysian Resources Corp Bhd (MRCB) rose as much as 11 sen or 8% after the builder and property developer extended the option period to buy Nusa Gapurna Development Sdn Bhd's assets.
MRCB proves capability in work on National Sports Complex
Malaysian Resources Corp Bhd (July 5, RM1.
EPF, Gapurna to avoid MGO in MRCB cash call
KUALA LUMPUR (June 23): Malaysian Resources Corp Bhd (MRCB) said its major shareholders Employees Provident Fund (EPF) and Gapurna Sdn Bhd (GSB) will avoid triggering any mandatory general offer (MGO) while they apply for excess rights shares and warrants under the group’s cash call exercise.
Taman Tugu project well under way, says Khazanah
KUALA LUMPUR (June 20): The RM650 million Taman Tugu project in the federal capital led by Khazanah Nasional Bhd is well under way, according to a status update document on the project released yesterday.
MRCB buys DBKL land for RM335.5 mil
KUALA LUMPUR (June 16): Malaysian Resources Corp Bhd (MRCB), which is in the midst of undertaking a rights issue, is buying three parcels of land from Kuala Lumpur City Hall (DBKL) for RM335.
MRCB submits RM6 bil worth of construction tenders to replenish FY17 orderbook
KUALA LUMPUR (June 7): Malaysian Resources Corp Bhd (MRCB) has submitted construction bids worth RM6 billion as part of its exercise to replenish its orderbook for financial year ending Dec 31, 2017 (FY17), its executive director Mohd Imran Mohamad Salim said.
