EPF buys 40% of DUKE concessionaire
KUALA LUMPUR (Sept 22): The Employees Provident Fund (EPF) is acquiring a 40% stake in the concessionaire of the Duta-Ulu Klang Expressway (DUKE) for RM1.
MRCB group MD wins award at Pangkor Dialogue 2016
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.
MRCB inks MoU with TM to wire up telecommunication, IoT abilities
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.
Tan Sri Mohamad Salim Fateh Din (MRCB): Malaysia’s property market will continue to be dynamic
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.
Malaysian Resources Corp’s 2Q profit falls 24% to RM45.5 mil
KUALA LUMPUR (Aug 26): Malaysian Resources Corp Bhd (MRCB) posted a 24.
MRCB and MIEA in branding partnership
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.
MRCB actively looking at all options to dispose of EDL
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.
Ekovest to keep EkoCheras Mall for planned REIT, says chairman
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).
Is there more upside for REITs on expectation of another rate cut?
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.