MRCB announces three major deals in one day

Project briefing: Salim pointing out highlights of the Cyberjaya City Centre project. With him are (from left) Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah, Sime Darby Property Bhd senior vice-president Mohd Salem Kailany, Cyberview Sdn Bhd board member Datuk Alan T.T. Ong, Faris, Imran and Cyberview head of business development and planning Ahmad Faizul Ramli.

CYBERJAYA: Malaysian Resources Corp Bhd (MRCB) has announced three major deals in one day, beginning with an RM1.63bil privatisation deal to refurbish and upgrade the Bukit Jalil National Sports Complex. This confirms a StarBiz report in July.

MRCB said that the deal will entail the transfer of three pieces of leasehold land totalling 92.5 acres in Bukit Jalil to Rukun Juang Sdn Bhd, an 85%-owned unit of MRCB. The remaining 15% is owned by Rasma Contractors.