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1 day ago | Report Abuse
Other than Gamuda, another company poised to benefit from the Penang LRT project is Malaysian Resources Corp Bhd (MRCB), as the implementation of the cross-channel link would bolster the development potential of MRCB’s Penang Sentral. The latter is the key transport hub for the northern region of Peninsular Malaysia.
Stock: [MRCB]: MALAYSIAN RESOURCES CORPORATION BERHAD
19 hours ago | Report Abuse
MRCB prudent to exit high-speed rail project, says economist. MRCB’s withdrawal was likely a calculated move on the company’s part given the high costs and uncertainties surrounding the project.
MRCB is the pioneer of TOD (Transit Oriented Developments) in Malaysia, through its flagship and award-winning Kuala Lumpur Sentral CBD project, which has attracted some of the world's leading corporations.