MRCB withdraws from high-speed rail consortium


Berjaya Corp Bhd founder and advisor Tan Sri Vincent Tan.

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) has withdrawn from a consortium that is bidding for the proposed Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project.

In a statement, Berjaya Group, which is a part of the consortium via Berjaya Land Bhd, said MRCB has decided to withdraw from the consortium to pursue other strategic opportunities, and hence, would no longer be part of the KL-SG HSR Consortium.

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