MRCB buys out George Kent's stake in LRT3 project joint venture

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) said George Kent (M) Bhd has accepted its RM53mil cash offer to buyout the company's stake in their joint venture.

MRCB-George Kent Sdn Bhd (MRCB-GK) is a single purpose company appointed the Prasarana Malaysia Bhd as the main contractor for the Light Rail Transit Line 3 (LRT 3) project.