MRCB-Gapurna in RM729m corporate exercise


KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) and Gapurna Sdn Bhd have teamed up in a RM729mil corporate exercise which would see Gapurna injecting 33 acres of land in the Klang Valley valued at RM459mil into MRCB.

In a joint statement issued on Friday, MRCB said it had signed several agreements with companies related to Gapurna Sdn Bhd for total purchase consideration of RM729mil.

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