EPF, Gapurna to avoid MGO in MRCB cash call

KUALA LUMPUR (June 23): Malaysian Resources Corp Bhd (MRCB) said its major shareholders Employees Provident Fund (EPF) and Gapurna Sdn Bhd (GSB) will avoid triggering any mandatory general offer (MGO) while they apply for excess rights shares and warrants under the group’s cash call exercise.

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DONE DEAL: Ken Damansara 3 condo unit, Petaling Jaya, Selangor

Sold for: RM690,000 (RM653 psf) Concluded by: Teoh Peng Peng (PV1436) of Hartamas Real Estate Sdn Bhd (018-206 7122) When: March 2017 Noteworthy: ● Freehold ● 1,057 sq ft unit ● Three bedrooms, two bathrooms ● Fully furnished with wet and dry kitchen, wardrobe and TV cabinet ● Facilities include swimming pool, gym room, children’s playground, 24-hour security and cafeteria ● Accessible via Damansara-Puchong Expressway (LDP), Sprint Expressway, Federal Highway and Jalan Universiti Located within Petaling Jaya’s vibrant SS2 neighbourhood, Ken Damansara 3 is a freehold condominium developed by Ken Holdings Bhd.

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