MRCB to unlock value at KL Sentral by selling some buildings


Kuala Lumpur Sentral CBD is an exclusive urban centre built around Malaysia

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) will be selling some of its buildings in KL Sentral once it achieves a reasonable amount of yield in order to have strong operating profits.

The move is part of a wider strategy to “control cost in the next one to two years”, as it improves its corporate profile and grows recurring income, according to chief financial officer Ann Wan Tee after an EGM.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Business , mrcb , selling , buildings , unlock , value , sentral ,

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