MRCB raising up to RM2.9 bil with surprise cash call
Malaysian Resources Corp Bhd (May 18, RM1.
Malaysian Resources Corp Bhd (May 18, RM1.
KUALA LUMPUR (May 19): Opposition lawmaker Tony Pua has lambasted Prime Minister Datuk Seri Najib Razak for making up plans for Bandar Malaysia as he goes along, and criticised the development as one that “lacked any direction”.
KUALA LUMPUR (May 19): Malaysian Resources Corp Bhd’s (MRCB) proposed rights issue did not go down well with shareholders.
KUALA LUMPUR (May 18): Selling on Malaysian Resources Corp Bhd (MRCB) continues in the afternoon session.
PETALING JAYA (May 18): Property developers have called on the government to engage in dialogue with them before the adoption of the industrialised building system (IBS) is made mandatory for all players in the construction industry.
KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) fell 6.
KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) announced this evening that it has proposed a one-for-one renounceable rights issue to raise fresh cash from shareholders to pare down its borrowings and to finance the refurbishment of the national sports complex in Bukit Jalil here.
KUALA LUMPUR (May 17): TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd will soon announce the request for proposal (RFP) process, inviting expressions of interest for the role of master developer of Bandar Malaysia, Bernama reported Prime Minister Datuk Seri Najib Tun Razak saying today.
KUALA LUMPUR (May 17): Shares in Iskandar Waterfront City Bhd (IWCity) rose in active trade this morning after Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian government.
SETIA ALAM (May 16): S P Setia Bhd has launched its Citizen Setia Facebook page which aims to connect the property developer with its purchasers and "fans" on the most popular social media platform in Malaysia.