MRCB Acquires EPF’s 80% Stake in Bukit Jalil Sentral: A New Chapter for KL’s RM21b Development Malaysian Resources Corp Bhd (MRCB) has announced it will acquire the Employees Provident Fund’s (EPF) 80% stake in Bukit Jalil Sentral Property Sdn Bhd (BJSP) for RM1.58 billion in cash, giving it full ownership of one of Kuala Lumpur’s largest upcoming mixed-use projects. The deal not only reshapes...
MRCB Secures RM6.25 Billion Ipoh Sentral Project: A Game-Changer for Transit-Oriented Development in Perak Malaysian Resources Corp Bhd (MRCB) has officially firmed up its role as the master developer of Ipoh Sentral, a RM6.25 billion transit-oriented development (TOD) project in the heart of Perak’s capital city. Through an agreement with Ipoh Sentral Sdn Bhd (ISSB)—a 50:50 joint venture between...
MRCB Secures RM6.25 Billion Ipoh Sentral Project, Analysts Expect Long-Term Growth Malaysian Resources Corporation Bhd (KL:MRCB) has won the development rights for the RM6.25 billion Ipoh Sentral project, a major transit-oriented development (TOD) that will be executed in multiple phases over 20 years. The project will increase MRCB’s total remaining gross development value (GDV) by 19% to RM38.6...
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