MRCB 1Q profit jumps 170%, lifted by LRT3 and property projects
KUALA LUMPUR (June 1): Malaysian Resources Corp Bhd (MRCB) said its first quarter (1Q) net profit soared 170% to RM14.
MRCB to see stronger earnings through LRT 3 consolidation, says HLIB
KUALA LUMPUR (May 17): Malaysian Resources Corporation Bhd (MRCB) could see a stronger earnings performance moving forward supported by the consolidation of the Light Rail Transit 3 (LRT 3) project, according to Hong Leong Investment Bank (HLIB) Research.
George Kent to explore new growth opportunities in domestic, regional railway space
KUALA LUMPUR (Oct 20): Following the completion of the disposal of its entire 50% equity interest stake to Malaysian Resources Corporation Bhd (MRCB) last Wednesday (Oct 13), George Kent (Malaysia) Bhd said it is looking forward to exploring new growth opportunities.
MRCB gets RM2.3m final award on costs in LRT3 project funding dispute with George Kent
KUALA LUMPUR (Sept 27): Malaysian Resources Corp Bhd (MRCB) has on Friday received the final award on costs from the Asian International Arbitration Centre (AIAC), which mediated in the MRCB-George Kent (M) Bhd (MRCBGK) dispute involving both companies' shareholders’ agreement dated June 8, 2015.
George Kent says it has not received any offer from MRCB to acquire its stake in LRT3 JV
KUALA LUMPUR (Sept 13): George Kent (Malaysia) Bhd told Bursa Malaysia today that it has not received any offer from Malaysian Resources Corp Bhd (MRCB) to acquire its stake in the Light Rail Transit Line 3 (LRT 3) project.
MRCB 2QFY21 net loss narrows year-on-year due to absence of asset impairment
KUALA LUMPUR (Aug 30): Malaysian Resources Corp Bhd's (MRCB) net loss narrowed to RM32.
MRCB George Kent issues stop work order to contractor after worker killed in scaffolding collapse incident
KUALA LUMPUR (July 30): MRCB George Kent Sdn Bhd has issued a stop work order to one of its contractors, following the collapse of a scaffolding at a LRT project site in Klang (pictured) yesterday, killing one construction worker and injuring three others.
MRCB’s quarterly profit falls 68% amid multiple construction site closures in 1Q
KUALA LUMPUR (May 31): Malaysian Resources Corp Bhd (MRCB)’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 67.
Sentral REIT 1Q net property income down 4% on-year; up in quarterly terms
KUALA LUMPUR (May 6): Sentral REIT, formerly known as MRCB-Quill REIT, said today first quarter net property income (NPI) fell 4.
No corporate merger proposal received so far, says IJM Corp
KUALA LUMPUR (April 26): IJM Corp Bhd has clarified that it has not received "any formal proposal or offer from any party expressing interest for a corporate merger” at this juncture.
