Berjaya Land, IJM, MRCB and KTMB join forces to bid for KL-Singapore HSR job
The consortium led by BRail submitted the request for information (RFI) concept proposal for the project shortly before the submission deadline, according to sources.
MRCB to acquire PJ Sentral office tower development rights from PKNS for RM270 mil
The acquisition consideration will be satisfied through the disposal of malls and several residential units to PKNS, and funding through internally generated funds.
Sentral REIT completes RM450 mil acquisition of Menara CelcomDigi from MRCB
Sentral REIT had on July 25 struck a deal with MRCB’s wholly-owned unit Puncak Wangi Sdn Bhd to acquire Menara CelcomDigi, a 27-storey office building.
MRCB 3Q net profit down on lower revenue from property development, construction segments
MRCB said the decline in revenue was due to much lower contributions from the property development and investment division, as well as the engineering, construction and environment division, following the completion of three major infrastructure construction projects last year and two major property development projects in the first half of 2023 (1HFY2023).
LRT3 on track to be completed by March 2025, says RHB Research
As of end 3Q2023, line-wide progress of the LRT3 construction stood at 86.
Acquisition of Menara CelcomDigi for RM450m is fair and reasonable, says independent adviser
PIVB recommended to non-interested shareholders of MRCB to vote in favour of the resolution pertaining to the proposed acquisition at the extraordinary general meeting on Oct 24.
MRCB Land’s Tujuh Residences apartment in Kwasa Damansara now open for preview
Tujuh Residences will be a 29-storey apartment tower, comprising 573 units.
MRCB’s 2Q net profit down 23% on lower engineering and construction revenue
MRCB said the lower earnings were due to much lower revenue contribution from its engineering, construction and environment division due to the completion of three major infrastructure construction projects last year, and the completion of two major property development projects from its property development and investment division in the first half of 2023.
MRCB's net gearing could exceed 0.49 times if KL Sentral, Shah Alam Sports Complex redeveloped concurrently — HLIB Research
In a note on Thursday (Aug 3), analyst Edwin Woo said rough calculations show that net gearing levels could rise to 0.
Sentral REIT plans to acquire Menara CelcomDigi from MRCB
Sentral REIT said its management company, Sentral REIT Management Sdn Bhd, has accepted a letter of intent issued by MRCB to commence negotiations for the proposed acquisition.
