MRCB posts RM21.5mil net profit in Q1


KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) expects its unbilled construction and property development to keep the group busy this year, even as investors continue to fret over “opportunity loss” for the company following the Government’s decision to scrap several large rail infrastructure projects.

Shares in MRCB tumbled 11.5 sen, or 16.8% today to 57 sen - its lowest level since March 2009.

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