AmResearch maintains Buy on MRCB


KUALA LUMPUR: AmResearch has maintained its Buy call on MRCB with an unchanged fair value of RM2.20 a share, it said on Friday.

MRCB announced that it has sold its Platinum Sentral to Quill Capita Trust (QCT) for RM750mil. The acquisition will be satisfied via RM486mil in cash, and 206 mil new units in QCT for RM264mil at RM1.28/unit.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

AmResearch , Buy , MRCB

   

Others Also Read