MRCB sells 30% stake in DUKE to Ekovest for RM228m cash

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) is selling its 30% stake in an expressway concessionaire to Ekovest Bhd for RM228mil cash.

MRCB said on Wednesday it was disposing of its 30% stake in Nuzen Corporation Sdn Bhd, RM58.5mil preference shares and RM54mil junior bonds in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi).

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Subscribe

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Subscribe

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Subscribe
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Malaysian Resources Corporation Bhd , MRCB , expressway concessionaire , Ekovest , Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd , Kesturi , Duta-Ulu Kelang Expressway , DUKE

Others Also Read

Singapore Chinatown attack: Woman charged after she allegedly used chopper to assault victim
Singapore1h ago

Singapore Chinatown attack: Woman charged after she allegedly used chopper to assault victim

INTERACTIVE: A death every two hours
starplus21 Mar 2025
EXCLUSIVE

INTERACTIVE: A death every two hours

Anwar saves Auntie Woon's Permatang Pauh ancestral home a second time
Nation1h ago

Anwar saves Auntie Woon's Permatang Pauh ancestral home a second time

Man wanted for alleged embezzlement in China arrested in Thailand
China1h ago

Man wanted for alleged embezzlement in China arrested in Thailand

TNB activates technical, disaster squads ahead of potential K'tan floods
Nation1h ago

TNB activates technical, disaster squads ahead of potential K'tan floods

China's evolving punk scene draws a new generation of fans
China1h ago

China's evolving punk scene draws a new generation of fans

Vietnam's Ho Chih Minh City approves massive land reclamation project
Vietnam2h ago

Vietnam's Ho Chih Minh City approves massive land reclamation project

Barisan chairman, not Bung, has final say on candidates, says Shahelmey
Sabah & Sarawak2h ago

Barisan chairman, not Bung, has final say on candidates, says Shahelmey

Motor racing-Doohan takes four penalty points from his Chinese weekend
Motorsport2h ago

Motor racing-Doohan takes four penalty points from his Chinese weekend

JPJ flags non-roadworthy buses in safety crackdown ahead of Hari Raya
Nation3h ago

JPJ flags non-roadworthy buses in safety crackdown ahead of Hari Raya

16 international flights cancelled at Bali airport due to yet another Mt. Lewotobi eruption
Indonesia3h ago

16 international flights cancelled at Bali airport due to yet another Mt. Lewotobi eruption

In Iraq, an ancient ring game of skill and tradition sparks Ramadan joy
Arts3h ago

In Iraq, an ancient ring game of skill and tradition sparks Ramadan joy

Load more

Market Summary

FBMKLCI
Go to Market Watch

Market Movers

View More

  • SymbolOpenHighLowLastChg%ChgVol ('00)
    HSI-PWD1 0.180 0.210 0.165 0.210 0.03520.002,453,407
    HSI-CWEJ 0.220 0.230 0.185 0.185 -0.045-19.572,085,828
    HSI-CWED 0.150 0.155 0.115 0.125 -0.030-19.351,644,992
    LSH 0.730 0.880 0.730 0.830 -0.050-5.68743,229
    99SMART 1.970 2.010 1.960 1.960 -0.010-0.51650,458
    HSI-PWD7 0.195 0.230 0.180 0.230 0.05027.78610,051
    HSI-PWFJ 0.180 0.200 0.175 0.200 0.02514.29599,421
    HSI-CWCG 0.100 0.110 0.050 0.050 -0.075-60.00522,331
    TANCO 1.880 1.890 1.810 1.860 -0.020-1.06518,571
    NATGATE 1.420 1.450 1.380 1.380 -0.040-2.82495,676
    PAVREIT 1.480 1.480 1.430 1.440 -0.040-2.70475,210
    MYEG-C8K 0.075 0.090 0.070 0.090 0.0055.88450,001
    YTLPOWR-C77 0.045 0.045 0.040 0.045 0.0000.00447,048
    MYEG-C8C 0.045 0.045 0.045 0.045 -0.015-25.00400,000
    GAMUDA 3.950 4.000 3.920 3.970 0.0200.51393,027

Copyright © 1995- 2025 Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In