MRCB sells 30% stake in DUKE to Ekovest for RM228m cash

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) is selling its 30% stake in an expressway concessionaire to Ekovest Bhd for RM228mil cash.

MRCB said on Wednesday it was disposing of its 30% stake in Nuzen Corporation Sdn Bhd, RM58.5mil preference shares and RM54mil junior bonds in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi).

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Monthly Plan

RM 13.90/month

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Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Malaysian Resources Corporation Bhd , MRCB , expressway concessionaire , Ekovest , Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd , Kesturi , Duta-Ulu Kelang Expressway , DUKE

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