News about MRCB

KUALA LUMPUR (March 28): Malaysian Resources Corp Bhd’s (MRCB) wholly-owned subsidiary MRCB Builders Sdn Bhd has been served with a winding-up petition by Southern Builders (J) Sdn Bhd.

KUALA LUMPUR (Feb 27): Malaysian Resources Corp Bhd (MRCB), whose largest shareholder is the Employees Provident Fund, closed out 2018 on a low note on absence of one-off disposal gains recognised in 2017, and slowing down of construction work on the Light Rail Transit Line 3 (LRT3) project undertaken by its 50%-owned unit MRCB George Kent Sdn Bhd.

KUALA LUMPUR (Feb 22): WCT Holdings Bhd announced that its wholly-owned subsidiary WCT Bhd had today executed three novation agreements with Prasarana Malaysia Bhd and MRCB George Kent Sdn Bhd with regards to the proposed Light Rail Transit 3 (LRT 3) projects secured by WCT Bhd.

  KUALA LUMPUR (Feb 20): Pesona Metro Holdings Bhd announced yesterday it has secured a new contract worth RM408.

KUALA LUMPUR (Feb 14): Malaysian Resources Corp Bhd (MRCB) said the works for Light Rail Transit 3 (LRT3) will resume in the second half of 2019 (2H2019), after progress had been stalled for about a year amid the government's move to reduce the cost of the project.

KUALA LUMPUR (Jan 29): Malaysian Resources Corp Bhd (MRCB) said yesterday it has received a letter of acceptance from Turnpike Synergy Sdn Bhd, a wholly-owned subsidiary of Projek Lintasan Kota Holdings Sdn Bhd, to accept MRCB's offer to undertake Package CA2 of the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) project at RM323 million.

KUALA LUMPUR (Jan 25): MRCB George Kent Sdn Bhd had today entered into a fixed-price contract with Prasarana Malaysia Bhd for the proposed Light Rail Transit Line 3 (LRT3) project in the Klang Valley.

KUALA LUMPUR (Jan 18): MRCB George Kent Sdn Bhd, the turnkey contractor for the Light Rail Transit Line 3 Bandar Utama-Johan Setia (LRT3), will not be seeking any compensations from either Prasarana Malaysia Bhd or the government, following the "remodeling" of the project delivery partner (PDP) contract into a fixed price contract for the LRT3 project.

PETALING JAYA (Jan 18): Outstanding payments to the LRT3 (light rail transit 3) contractors, accumulated since February last year, will be settled by the end of this month, said the project’s main contractor, MRCB-George Kent Sdn Bhd (MRCBGK).

PETALING JAYA (Jan 12): Prasarana Malaysia Bhd has not yet paid contractors of the light rail transit 3 (LRT 3) for work done up to Sept 30 last year worth RM800 million, sources told The Edge.