MRCB
PETALING JAYA: Malaysian Resources Corp Bhd (MRCB), a leading construction company of transportation hubs in the country, is looking to raise at least RM2.17bil from its shareholders, a move that would see its gearing being reduced to almost zero.
The company stressed that the money essentially would be used to finance its current work in Bukit Jalil, pare down borrowings and fund some of the existing property development and construction projects.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!
