No Cabinet post discussed, says Anwar

KUALA LUMPUR (Oct 15): Datuk Seri Anwar Ibrahim, who was sworn in as member of Parliament for Port Dickson today, said there has been no talk about him being appointed to the Cabinet.

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MRCB balance sheet seen to improve further in 2H

Malaysian Resources Corp Bhd (Oct 12, 72 sen) Maintain buy with a target price of 98 sen: Malaysian Resources Corp Bhd’s (MRCB) balance sheet is expected to improve further in second half of financial year 2018 (2HFY18) with earnings enhancement largely due to the disposal of land in Kia Peng, Kuala Lumpur, which is to be concluded in the third quarter of FY18, and significant deleveraging expected from the disposal of its two key non-core assets — the Eastern Dispersal Link (EDL) with an outstanding debt of RM1.

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