Chief operating officer Kwan Joon Hoe said the firm was working on reducing its gearing level to 0.5 times from 1.2 times currently.
LONDON: Malaysian Resources Corp Bhd (MRCB) continues to focus on lowering its debt level, which include spinning off its assets through direct sales and potentially listing its property and construction arms.
Chief operating officer Kwan Joon Hoe said the firm was working on reducing its gearing level to 0.5 times from 1.2 times currently.
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