The Official Kenanga Warrants Blog

MRCB-C23 - MRCB close to disposing of the Eastern Dispersal Link

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Publish date: Mon, 30 Oct 2017, 09:17 AM
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MALAYSIAN Resources Corp Bhd’s (MRCB) plan to dispose of its Eastern Dispersal Link (EDL) is on track, following the Government’s decision to abolish toll collection on the highway. MRCB will likely be compensated by the Government, according to analysts.
 

Read more at http://www.thestar.com.my/business/business-news/2017/10/28/mrcb-close-to-disposing-of-the-eastern-dispersal-link/#9WJZsh7XsRVr9HQA.99

MRCB-C23
- Effective Gearing 6.42x
- Sensitivity at 2 ticks
- Expires on 19/3/17

Currently, MRCB is trading @RM1.07 (+3.88%), MRCB-C23 is trading @RM0.08 (100%) from @RM0.04

 

 

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