George Kent, MRCB in LRT3 funding dispute

KUALA LUMPUR (Aug 14): A dispute has arisen between George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) over financing requirements for their joint-venture (JV) company that is undertaking the construction of the Light Rail Transit Line 3 (LRT3).

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MRCB closes 2018 lower on absence of disposal gain, re-timing of LRT3 job

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.

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