MRCB land strategy, eyes Bukit Jalil deal


Sporting plan: Imran at a special briefing on the regeneration of Bukit Jalil National Sports Complex into the KL Sports City.

KUALA LUMPUR: The RM1.6bil land swap deal that Malaysian Resources Corp Bhd (MRCB) secured to regenerate Bukit Jalil National Sports Complex (NSC) is in line with the company’s strategy to expand its land bank.

The construction and property development company further notes it will be able to internally generate funds to sufficiently finance the two-phased project to refurbish and upgrade Bukit Jalil NSC into KL Sports City over the next five to six years.

Business , MRCB , Bukit Jalil , land , strategy , Imran , sports complex , stocks , shares , klci , klse ,

   

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