MRCB, Melaka Corp form JV to develop hospital


(Sitting, from left) MRCB Land chairman Tan Sri Mohd Annuar Zaini, Melaka Corp CEO Datuk Mohd Yusof Abu Bakar, PM Multilink Sdn Bhd director Mohd Nazimuddin Mohamad and Majestic Quest Sdn Bhd chairman Kwan Joon Hoe at the JV signing ceremony. Also present were (standing, from left) MRCB’s Imran, Melaka state secretary Datuk Azhar Arshad, Ab Rauf and Melaka state legal adviser Khairul Azreem Mamat.

PETALING JAYA: Malaysian Resources Corp Bhd’s (MRCB) wholly-owned subsidiary, MRCB Land Sdn Bhd, has entered into a joint venture (JV) with Melaka Corp’s subsidiary, PM Multilink Sdn Bhd, to develop a hospital in Bukit Baru, Melaka Tengah.

The JV, called Majestic Quest Sdn Bhd, is 70% owned by MRCB Land, with the remaining 30% held by PM Multilink.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Toyota still has the drive
Hurdles in DBS’ Alliance Bank bid
Metals keep shining bright
Retailers get a lift from Sara
iCents eyes Asean
Ringgit likely to trade within narrow range next week ahead of BNM OPR decision
Reading the market signals
Breathing new life into forgotten spaces
Urban harmony: Can stakeholders row together?
China’s gold rush continues

Others Also Read