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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MRCB buys DBKL land for RM335.5 mil

KUALA LUMPUR (June 16): Malaysian Resources Corp Bhd (MRCB), which is in the midst of undertaking a rights issue, is buying three parcels of land from Kuala Lumpur City Hall (DBKL) for RM335.

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MRCB ropes in EPF to develop Bukit Jalil land

KUALA LUMPUR (June 1): Malaysian Resources Corp Bhd (MRCB) is partnering with its largest shareholder, the Employees Provident Fund (EPF), to jointly develop three parcels of leasehold land in Bukit Jalil into an integrated development, which will have a potential gross development value (GDV) of RM21 billion over a 20-year period.

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