MRCB 4Q net profit down due to absence of one-off disposal gain
KUALA LUMPUR (Feb 26): Malaysian Resources Corp Bhd’s (MRCB) net profit came in lower at RM6.
Bandar Baru Klang: Lane closure, traffic diversion on Persiaran Bukit Raja
PETALING JAYA (Feb 12): There will be a lane closure and traffic diversion to facilitate micro-pile and LRT3 construction works on Persiaran Bukit Raja, Bandar Baru Klang (Grand Sepadu Highway-bound) from Feb 15, 2020 to Dec 31, 2020, Monday to Sunday, 24 hours daily, MRCB George Kent Sdn Bhd announced in a statement today.
MRCB-George Kent aims to complete over 40% of LRT3 by end-2020
KUALA LUMPUR (Feb 10): MRCB-George Kent Sdn Bhd aims to complete more than 40% of the Light Rail Transit Line 3 (LRT3) by the end of this year.
DONE DEAL: Plaza Sentral office unit, KL Sentral, Kuala Lumpur
Rented for: RM6,000 Concluded by: Carmen Lee (REN 12639, 012-207 3989) of Reapfield Properties (H.
MRCB-Quill REIT 3Q net profit falls 14.3% on lower revenue
KUALA LUMPUR (Nov 25): MRCB-Quill REIT's (MQREIT) net profit for the third quarter ended Sept 30, 2019, fell 14.
MRCB 3Q earnings hit by re-timing of LRT project and absence of divestment gain
KUALA LUMPUR (Nov 22): Delay in the Light Rail Transit (LRT) 3 project and absence of one-off divestment gain have resulted in a sharp 87.
Dato' Sri Dr Judin receives highest accolade at MCIEA 2019
KUALA LUMPUR (Oct 4): As many as 18 industry players were honoured at the Malaysian Construction Industry Excellence Awards (MCIEA) 2019 here tonight.
Sime Darby confirms Abdul Rahman will take over as chairman
KUALA LUMPUR (Aug 28): Permodalan Nasional Bhd (PNB) president and group chief executive officer (CEO) Datuk Abdul Rahman Ahmad will assume the role of chairman and non-independent non-executive director of Sime Darby Bhd upon Tan Sri Dr Wan Abdul Aziz Wan Abdullah's retirement on Oct 31 this year.
MRCB's LRT3 progress billings expected to pick up in 2H
Malaysian Resources Corp Bhd (Aug 27, 72 sen) Maintain hold with a lower target price (TP) of 74 sen: Malaysian Resources Corp Bhd’s (MRCB) net profit of RM15 million (-72% year-on-year [y-o-y]) for the cumulative six months of financial year 2019 (6MFY19) is only 11% to 16% of the market consensus and our previous FY19 forecast of RM94 million to RM137 million.
Lower property billings push down MRCB's 2Q profit
KUALA LUMPUR (Aug 27): Malaysian Resources Corp Bhd’s (MRCB) net profit fell 67% in the second quarter ended June 30, 2019 as it recognised lower billings from its property development projects.
