News about MRCB

Real estate investment trust sector Maintain neutral: Recently, we met up with management of several real estate investment trust (REIT) companies under our coverage and they reiterated their cautious view on the overall operating environment amid subdued consumer sentiment.

KUALA LUMPUR (April 25): Malaysian Resources Corp Bhd (MRCB) said the Employees Provident Fund (EPF) has offered to acquire an 80% interest in ‘exchange’ land that the company will be receiving under the National Sports Complex privatisation project, for RM421.

KUALA LUMPUR (April 13): MRCB-Quill Real Estate Investment Trust (MQREIT) does not expect to be significantly affected by the current office space oversupply, as only 7% of its net lettable area (NLA) will be up for renewal in July.

PETALING JAYA (April 5): Malaysian Resources Corp Bhd’s (MRCB) unit MRCB Builders Sdn Bhd will build a cold storage processing and distribution hub in Kajang for national retailing chain Giant.

GEORGE TOWN (April 4): Malaysian Resources Corp Bhd (MRCB)’s Penang Sky Cab, a 4.

MRCB-Quill Real Estate Investment Trust (REIT) (March 30, RM1.

Malaysian Resources Corp Bhd (Feb 23, RM1.

KUALA LUMPUR (Feb 23): Malaysian Resources Corp Bhd (MRCB) returned to the black with a net profit of RM26.

KUALA LUMPUR (Dec 21): Malaysian Resources Corp Bhd (MRCB)'s executive director Mohd Imran Mohamad Salim (pictured) said that it is a continuous effort for the group to simultaneously grow its business yet pare down debts that stood at 1.

KUALA LUMPUR (Dec 8): GIC Pvt Ltd and the Jardine Matheson Group are both said to be showing keen interest in Malaysian Resources Corp Bhd (MRCB), and could each be taking up a stake in the company via its recent proposed private placement exercise, according to a source close to the matter.