News: Malaysian Resources Corporation Bhd (MYRS.KL)
7 Mar 2014
Wed, Feb 12 2014
Malaysian Resources Corp Bhd (MRCB), which is 38.9 percent owned by the Employees Provident Fund (EPF), is exploring the possibility of acquiring UEM Builders Bhd to strengthen its construction arm, said sources.
KUALA LUMPUR, Jan 29 - Malaysian Resources Corp (MRCB) said on Wednesday one of its units will sell freehold land and a commercial development in the Malaysian capital to Quill Capita Trust for 750 million ringgit ($225 million).
Felda Global expects to seal some M&A deals in Q1-The Sun
Malaysian Resources to announce REIT proposal-The Edge Financial Daily
Malaysian Resources Corp Bhd (MRCB) is going to undertake a real estate investment trust (REIT) exercise sooner than thought, as sources noted that the company look to announce a REIT proposal as early as this week.
Malaysian Resources Corp Bhd is divesting its 30 percent stake in the concessionaire of Duta-Ulu Kelang Expressway (DUKE) to Ekovest Bhd for 230 million ringgit ($69.19 million) in a cash deal, sources said.