MRCB’s offer for rights to start trading on Thursday


The land is located within the locality of Jalan Putra, Kuala Lumpur, and is approximately four kilometres to the north of KL city centre. Of the three parcels of land, only one parcel measuring 17,988.92 sq m has a freehold tenure

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB), which is raising between RM1.7bil and RM2.25bil from a rights issue, saw its renounceable rights issue going “ex” yesterday.

The entitlement date is tomorrow and the offer for rights will start trading on Oct 5. They will cease trading on Oct 12.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , MRCB , rights , shares , trading ,

   

Next In Business News

Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM
Wall St set for muted open as weak earnings offset jobless claims relief
Creador’s Brahmal emerges as substantial shareholder of MCE Holdings
US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global
Supermax buys remaining 33% stake in SHCI for RM18.96mil

Others Also Read