MRCB Q1 net profit jumps to RM21.5mil


KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) expects its unbilled construction and property development to keep the group busy this year, even as investors continue to fret over “opportunity loss” for the company following the Government’s decision to scrap several large rail infrastructure projects.

Shares of MRCB tumbled 11.5 sen, or 16.8%, yesterday to 57 sen – its lowest level since March 2009.

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