RM323mil highway job to boost MRCB earnings


PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) is on a stronger footing after it secured its first contract for 2019 with a RM323mil highway project which will contribute positively to the earnings for the financial years 2019 and 2020, analysts said.

MRCB secured a contract from Turnpike Synergy Sdn Bhd on Monday to undertake the mainline and other associated works of Sungai Besi-Ulu Kelang Expressway (SUKE) worth RM323mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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 , contract , highway , earnings ,

   

Next In Business News

US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih
FBM KLCI rebounds to hit fresh two-year high

Others Also Read