Key Developments: Malaysian Resources Corporation Bhd (MYRS.KL)

MYRS.KL on Kuala Lumpur Stock Exchange

1.63MYR
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RM1.66
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RM1.63
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Latest Key Developments (Source: Significant Developments)

Malaysian Resources Corporation Berhad acquires Shelf companies
Sunday, 21 Sep 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Acquires Esquire Moments Sdn Bhd, Rukun Juang Sdn Bhd, Aroma Sakti Sdn Bhd, Legasi Azam Sdn Bhd and Stigma Tiara Sdn Bhd.  Full Article

Malaysian Resources Corporation Berhad completes acquisition of 40 pct equity interest in Excellent Bonanza Sdn Bhd from Aspl M3a Limited
Monday, 18 Aug 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Further to announcement on June 20, Malaysian Resources Corporation Berhad says that the Acquisition has been completed on Aug. 19.  Full Article

Malaysian Resources Corporation Berhad's subsidiary completed land acquisition
Thursday, 24 Jul 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Says Bisraya Acres Sdn Bhd, subsidiary completed proposed land acquisition of Gapurna Sdn Bhd on July 22.  Full Article

Malaysian Resources Corporation Berhad acquires interest in Penang Sentral Sdn Bhd
Wednesday, 23 Jul 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Entered into Share Sale Agreement (SSA) with Pelaburan Hartanah Berhad.To acquire all of PHB’s 51 pct equity interest in Penang Sentral Sdn Bhd.Acquisition for total cash consideration of 50,751,000 Ringgit.  Full Article

Malaysian Resources Corporation Berhad awarded contract for development of Project MX-1
Sunday, 29 Jun 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Received letter of award from Kwasa Land Sdn Bhd (Kwasa Land) for development of Project MX-1.Project MX-1 is 64 acres parcel of mix development under provision Master Layout Plan that has been earmarked to be town centre of proposed Kwasa Damansara township.Award is subject to definitive agreement to be entered into between MRCB and Kwasa Land.  Full Article

Malaysian Resources Corporation Berhad announces disposal of 30 pct equity interest
Sunday, 29 Jun 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Proposed disposal of 30 pct equity interest in Nuzen Corp Sdn Bhd, 58.5 mln Ringgit series A redeemable preference shares and 54.0 mln Ringgit nominal value redeemable secured junior bonds in KONSORTIUM Lebuhraya Utara-timur (kl) Sdn Bhd to Ekovest Berhad and its subsidiaries.  Full Article

Malaysian Resources Corporation Berhad acquires interest in P.J Sentral Development Sdn Bhd
Wednesday, 25 Jun 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Acquisition of 70 pct equity interest in P.J Sentral Development Sdn Bhd from Nusa Gapurna Development Sdn Bhd.Acquisition for total consideration of 199,000,000 Ringgit.Consideration will be satisfied via combination of cash of 30,348,584 Ringgit and 108,807,365 new MRCB shares at an issue price of 1.55 Ringgit per MRCB share.Together with 31,087,819 consideration warrants on basis of two (2) consideration warrants for every seven (7) MRCB shares issued.  Full Article

Malaysian Resources Corporation Berhad announces acquisition of remaining 40 pct equity interest in Excellent Bonanza Sdn Bhd
Thursday, 19 Jun 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Enters into sale and purchase agreement of shares with ASPL M3A Limited for acquisition of remaining 40 pct equity interest in Excellent Bonanza Sdn Bhd (EBSB) for total cash consideration of 16,960,000 Ringgit.  Full Article

Malaysian Resources Corporation Berhad updates on first and final dividend
Tuesday, 3 Jun 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:First and final single tier dividend of 1 pct or 1 sen per ordinary share will be payable on July 23.Entitlement date on June 30.EX-date on June 26.  Full Article

Malaysian Resources Corporation Berhad announces purchase of shelf companies
Sunday, 11 May 2014 08:00pm EDT 

Malaysian Resources Corporation Berhad:Acquired Seleksi Untung Sdn Bhd, Efficient Class Sdn Bhd, Pinnacle Paradise Sdn Bhd and Crystal Hallmark Sdn Bhd.Says all the companies are dormant.  Full Article

Malaysian Resources Corp secures $2.2 bln township development project

KUALA LUMPUR, June 30 - Construction firm Malaysian Resources Corporation Bhd has secured the bid for a 7 billion ringgit ($2.2 billion) township property development project from the country's pension fund.

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