MRCB to unlock value at KL Sentral by selling some buildings

Kuala Lumpur Sentral CBD is an exclusive urban centre built around Malaysia

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) will be selling some of its buildings in KL Sentral once it achieves a reasonable amount of yield in order to have strong operating profits.

The move is part of a wider strategy to “control cost in the next one to two years”, as it improves its corporate profile and grows recurring income, according to chief financial officer Ann Wan Tee after an EGM.