MRCB sells RM180 million plot of land to MRT Corp

KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd (MRCB) is disposing of a one acre plot of land to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) for RM180 million due to concerns over its proximity to the construction of the MRT Line 2.

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Bandar Malaysia, TRX incentives — a boon or a bane?

ON June 16, as the agreement that formally sees IWH CREC Sdn Bhd become a 60% shareholder in the Bandar Malaysia development as well as its master developer was signed, Prime Minister Datuk Seri Najib Razak announced a slew of incentives for the massive project.

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