MRCB close to disposing of the Eastern Dispersal Link

Toll abolition: An analyst says MRCB faces some hurdles in selling the highway due to valuation disparities and the debt structure of the EDL.

MALAYSIAN Resources Corp Bhd’s (MRCB) plan to dispose of its Eastern Dispersal Link (EDL) is on track, following the Government’s decision to abolish toll collection on the highway.

MRCB will likely be compensated by the Government, according to analysts.