MRCB expects property division to hit RM1b sales target

Stronger: MIDF research says it is positive on MRCB

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) is planning to hit a sales target of RM1bil from its property segment.

Last year, the group secured RM850mil property sales, chief operating officer Kwan Joon Hoe told reporters during a media briefing after the group’s AGM on Tuesday.

This year, Joon Hoe said that the group is looking at RM2.2bil worth of property launches, which includes Sentral Suites, Menara MRCB in Putrajaya, Prima homes in Kajang and its project in Bandar Sri Iskandar.

For its construction segment, executive director Mohd Imran Tan Sri Mohd Salim said that the group had managed to grow and orderbook of over RM4bil.

“We are going to be more agressive in tendering more jobs. And more agressive in terms of getting larger infrastructure jobs.

“We want to be a key player in the industry,” he said.