MRCB the favourite in RM1.1bil land deal

MRCB 2nd KL land purchase?: Sources said MRCB had the best offer on the table for the 7.9 acres that the French embassy is disposing through a competitive tender. If MRCB wins the bid as expected, it would be buying a second piece of land in the city, a week after announcing its purchase of the German embassy

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) is said to be in the lead to purchase the French embassy land which is one of the few remaining sizeable parcels of land in the city centre.

Sources said MRCB had the best offer on the table for the 7.9 acres that the embassy is disposing through a competitive tender.