News about MRCB

The tremendous improvements were due to higher recognition from construction progress and sales of completed inventory which showed a marked pick-up after two years of Covid-19 related disruptions and numerous construction site closures, the group said in its latest financial results announcement on Wednesday (Nov 30).

Sentral REIT did not specify how much builder and property developer MRCB will pay for QRH's 39% stake in SRM.

MRCB added that the strong set of earnings was further boosted by the construction progress of the Light Rail Transit 3 (LRT3) project, despite shortages in labour and key building materials.

KUALA LUMPUR (July 18): Malaysian Resources Corp Bhd (MRCB) has been appointed by the Selangor government to redevelop the Shah Alam Stadium, according to a news report.

IPOH (June 10): Malaysian Resources Corporation Berhad (MRCB) has launched Ipoh Raya Integrated Park, marking the developer's first foray into the industrial and logistics market.

KUALA LUMPUR (June 1): Malaysian Resources Corp Bhd (MRCB) said its first quarter (1Q) net profit soared 170% to RM14.

KUALA LUMPUR (May 17): Malaysian Resources Corporation Bhd (MRCB) could see a stronger earnings performance moving forward supported by the consolidation of the Light Rail Transit 3 (LRT 3) project, according to Hong Leong Investment Bank (HLIB) Research.

KUALA LUMPUR (Oct 20): Following the completion of the disposal of its entire 50% equity interest stake to Malaysian Resources Corporation Bhd (MRCB) last Wednesday (Oct 13), George Kent (Malaysia) Bhd said it is looking forward to exploring new growth opportunities.

KUALA LUMPUR (Sept 27): Malaysian Resources Corp Bhd (MRCB) has on Friday received the final award on costs from the Asian International Arbitration Centre (AIAC), which mediated in the MRCB-George Kent (M) Bhd (MRCBGK) dispute involving both companies' shareholders’ agreement dated June 8, 2015.

KUALA LUMPUR (Sept 13): George Kent (Malaysia) Bhd told Bursa Malaysia today that it has not received any offer from Malaysian Resources Corp Bhd (MRCB) to acquire its stake in the Light Rail Transit Line 3 (LRT 3) project.