News about MRCB

KUALA LUMPUR (Sept 6): Malaysian Resources Corp Bhd (MRCB) group managing director Tan Sri Mohamad Salim Fateh Din has been recognised as “Property Icon of the Year” at the Pangkor Dialogue Awards 2016.

KUALA LUMPUR (Sept 2): Malaysian Resources Corp Bhd (MRCB) has inked a memorandum of understanding (MoU) with Telekom Malaysia Bhd (TM) to provide integrated telecommunications — be it traditional broadband or wireless — to the property developer’s existing and upcoming projects.

A SUCCESSFUL entrepreneur with a pioneering spirit, Tan Sri Mohamad Salim Fateh Din, the managing director of Malaysian Resources Corp Bhd (MRCB), is a business innovator who has owned and managed businesses in construction, property investment and property development.

KUALA LUMPUR (Aug 26): Malaysian Resources Corp Bhd (MRCB) posted a 24.

KUALA LUMPUR (Aug 23): Malaysian Resources Corp Bhd (MRCB) has partnered with the Malaysian Institute of Estate Agents (MIEA) to enhance the branding of MRCB’s property products.

KUALA LUMPUR (Aug 17): Malaysian Resources Corp Bhd (MRCB) is actively looking at all options to dispose of Eastern Dispersal Link (EDL) Expressway in Johor, said MRCB chief corporate officer Amarjit Chhina.

KUALA LUMPUR (July 19): Ekovest Bhd does not intend to sell its EkoCheras Mall as it plans to keep it for recurring income and to group it with other properties that provide recurring income, like the group’s RM4 billion River of Life project, to form a real estate investment trust (REIT), said its executive chairman Tan Sri Lim Kang Hoo (pictured).

CONTRARY to the expectation of most economists, Bank Negara Malaysia cut the overnight policy rate (OPR) by 25 basis points to 3% last Wednesday, following its counterparts from Indonesia, Singapore and Taiwan.

M-REIT sector Upgrade to overweight: Much to our surprise, Bank Negara Malaysia (BNM) cut the overnight policy rate (OPR) by 25 basis points to 3% and we believe this will continue to spur the market to move into yield assets, and Malaysian real estate investment trusts (M-REITs) are often the darling of equity investors during monetary easing due to their stability and high-yielding nature, despite the average yield being compressed to 6.

MALAYSIAN real estate investment trusts (M-REITs) are touted as safe haven assets for investors seeking safety in dividend yields post-Brexit.