MRCB falls by 11% on proposed rights issue
KUALA LUMPUR (May 18): Selling on Malaysian Resources Corp Bhd (MRCB) continues in the afternoon session.
KUALA LUMPUR (May 18): Selling on Malaysian Resources Corp Bhd (MRCB) continues in the afternoon session.
KUALA LUMPUR (May 18): S P Setia Bhd said it expects stronger contribution from overseas projects this financial year ending Dec 31, 2017 (FY17), backed by its developments in Australia and UK.
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): Inta Bina Group Bhd, en route to be listed on the ACE Market of Bursa Malaysia on May 25, saw the public portion of its initial public offering (IPO) oversubscribed by 42.
KUALA LUMPUR (May 18): UEM Sunrise Bhd rose as much as seven sen or 5% after the property developer said first quarter net profit rose 1,929% from a year earlier.
KUALA LUMPUR (May 18): Shares of Mudajaya Group Bhd rose 7.
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 18): Iskandar Waterfront City Bhd fell 3.
KUALA LUMPUR (May 18): Parties interested to take up the role of master developer for the multibillion-ringgit Bandar Malaysia development in Sungai Besi here have up to June 30 to submit their proposals.