Posted by ehtan18 > 2017-05-09 09:40 | Report Abuse

Price toward 1.60

Posted by stockmanthekoonman > 2017-05-09 13:55 | Report Abuse

One day show only sharks trapped many.

Better cabut. Lousy crony company that cant make money

Posted by Ryan88 > 2017-05-09 13:57 | Report Abuse

Lol... another trap ...huhuhu

Posted by ks5S > 2017-05-09 14:22 | Report Abuse

The show only just started. Now is the best time to accumulate as all the business is heading towards MRCB. If you sell, you will regret later if suddenly shoot high.

Posted by sayyouloveme > 2017-05-09 14:46 | Report Abuse

yes. it is not one day show. it will head for new high.

Posted by WM Niaga > 2017-05-09 15:42 | Report Abuse

yes bro....Hold MRCB...n see it fly!!

Posted by WM Niaga > 2017-05-09 15:51 | Report Abuse

tomolo u wont get mrcb at this price...

Posted by KLCI King > 2017-05-09 17:07 | Report Abuse

Bought warrant, everyone talking bandar malaysia I bet on GE

Posted by KLCI King > 2017-05-09 17:08 | Report Abuse

Not bad leh, if MRCB become 2, warrant sure 30 cents

Posted by Gamuda22 > 2017-05-09 18:39 | Report Abuse

Warrant is a good bet ! TP is RM0.30

Posted by Chengkai Kok > 2017-05-09 18:54 | Report Abuse

b cauntion on MRCB expired date n exercise price...dun get trap on it

Posted by Gamuda22 > 2017-05-09 20:04 | Report Abuse

Agree with Chengkai Kok. MRCB-WA expired date is 16 Sept 2018. Still 1 year 5 months to go....

Posted by Tomatoman79 > 2017-05-09 21:18 | Report Abuse

lambat lagi laaaaaa.... coffin warrant also people chase. appa la

Posted by jenngu > 2017-05-09 22:06 | Report Abuse

GE in Aug17?

Posted by Ryan88 > 2017-05-10 02:14 | Report Abuse

MRCB coming QResult will be very bad.
Huhuhu... buy at your own risk

Posted by Ryan88 > 2017-05-10 02:15 | Report Abuse

nevermind , goreng it till high high till end of May, QR released then let Najis take over all your money..

huhuhuhu,, yeahhhhh

Posted by jack15 > 2017-05-10 09:28 | Report Abuse

Thursday this counter will rocket!

Posted by Gamuda22 > 2017-05-10 10:13 | Report Abuse

@jack15... why ? Any good news ?

Posted by jfm3737 > 2017-05-10 11:01 | Report Abuse

The Kwasa Damansara MRT station, which is one of the stations along the Sg Buloh-Kajang line.
The Kwasa Damansara MRT station, which is one of the stations along the Sg Buloh-Kajang line.

KUALA LUMPUR: The Employees Provident Fund (EPF) and Malaysian Resources Corp Bhd (MRCB) are expected to seal the shareholders agreement for developing the RM8bil main town centre of the massive Kwasa Damansara township by year-end.

In a filing with Bursa Malaysia on Tuesday, MRCB also announced that the size of the Sungai Buloh land, coded as MX-1, was now slightly larger at 64.3 acres (compared to 64.07 acres previously) following a subdivision.

The balance subscription payment for its 70% stake in Kwasa Sentral Sdn Bhd, the special-purpose vehicle to develop MX-1, has also been raised from RM735mil to RM737.88mil.

This balance (following an RM81.6mil advance payment) must be paid in full by Dec 29, or any other date agreed on in writing by the parties, said MRCB.

The latest revisions followed the signing of a second supplemental agreement between MRCB, Kwasa Land Sdn Bhd (the EPF unit tasked as Kwasa Damansara’s master developer) and Kwasa Sentral had on Tuesday.

The proposed share subscription in Kwasa Sentral was originally scheduled to be completed about two years ago - in the third quarter of 2015.

However, the target completion was moved to the second quarter of 2017 under a supplemental agreement inked between MRCB, Kwasa Land Sdn Bhd (the EPF unit tasked as Kwasa Damansara’s master developer) and Kwasa Sentral in August 2016.

Both supplemental agreements were meant to give “MRCB the flexibility to finalise its financing arrangements to satisfy the balance subscription payment closer to the unconditional date.”

To recap, the town centre contract was awarded to MRCB in June 2014 following a bid involving 20 large, well-known developers. MX-1 was the first tranche given out under the RM50bil township project sprawling 2,330 acres.

There was speculation, including by AmResearch, that MRCB was a frontrunner in the Kwasa Damansara project by virtue of it being an associate company of the EPF. (The retirement fund today holds a 33.5% stake in MRCB.)

The Kwasa Damansara project attracted a tremendous amount of interest, with the prequalification exercise reportedly drawing 152 developers.

Since MX-1, the EPF has awarded five more Kwasa Damansara development contracts - all for residential development - covering 53 acres with a combined gross development value of about RM2bil. There were also a couple of infrastructure contracts given out early last year and in 2015.

It was back in 2012 that the EPF announced it was buying the 2,330-acre Rubber Research Institute Land for RM2.28bil. The original plan was to develop the township over 10 to 15 years, with development to begin in 2013.

MRCB closed unchanged on Tuesday at RM1.68 per share, with 14.45 million shares changing hands.

Posted by Gamuda22 > 2017-05-10 12:47 | Report Abuse

I think it was old news already, anything encouraging from the announcement ?

Posted by tempac > 2017-05-10 13:51 | Report Abuse

Malton will be the winner, almost confirm. Why still look at MRCB.

Posted by fang111 > 2017-05-10 14:17 | Report Abuse

Malton deny the deal already.

Posted by 8085208 > 2017-05-10 14:35 | Report Abuse

@fang11, today?

Posted by sell > 2017-05-10 15:36 | Report Abuse

Agree. MRCB not interested to be Bandar Malaysia master developer. Direct competitor to KL Sentral?

fang111 Malton deny the deal already.
10/05/2017 14:17

Posted by Ryan88 > 2017-05-10 17:11 | Report Abuse

So long news still use to cheat people ah..
LOL. Malaysia Boleh

Evrywhere con man / :LOL

Posted by ks5S > 2017-05-10 18:00 | Report Abuse

maybe mrcb team up with dalian wanda for bandar msia

Posted by vivabursa > 2017-05-10 19:52 | Report Abuse

Bright future and general election coming

Posted by jfm3737 > 2017-05-10 21:28 | Report Abuse

Malaysia tak boleh ! Siapa boleh lagi !

Posted by Gamuda22 > 2017-05-10 23:39 | Report Abuse

Going north tomorrow ! TA shows STRONG BUY !

Posted by Chengkai Kok > 2017-05-11 09:41 | Report Abuse

Wat i know...1.71 now..
This is bumi nyata hahaha

Posted by w2339 > 2017-05-11 10:53 | Report Abuse

MRCB. Good chance to get bandar Malaysia

Posted by sarariman > 2017-05-11 11:17 | Report Abuse

loaded up on mrcb-wa

Posted by jfm3737 > 2017-05-11 11:52 | Report Abuse

Hohoho mrcb mrcb

Posted by kfh16 > 2017-05-11 11:57 | Report Abuse

Looks strong

Posted by weihan0914 > 2017-05-11 12:06 | Report Abuse

will be long run, still very strong TA

Posted by The_Reds > 2017-05-11 12:27 | Report Abuse

Evening will hit 1.75

Posted by WM Niaga > 2017-05-11 12:28 | Report Abuse

RM2!! :)

Posted by Tomatoman79 > 2017-05-11 12:31 | Report Abuse

1.75 logic... 2 janganlah... too far to jump bro... haha

Posted by Tomatoman79 > 2017-05-11 12:34 | Report Abuse

1.75 hit, but to sustain dunno can or not.

Posted by The_Reds > 2017-05-11 12:36 | Report Abuse

Abang jib ada, apa2 pun boleh

Posted by Gamuda22 > 2017-05-11 12:43 | Report Abuse

Let it be slow and steady ! Should break RM1.80 first ...then heading higher...No rush....

Posted by alexisvics > 2017-05-11 13:21 | Report Abuse

UMNO general meeting soon..war drums start beating already.....Election coming soon. My friend who is in-charged of man-power for voting centre has started recruiting working personnel ....

Posted by WM Niaga > 2017-05-11 14:26 | Report Abuse

Ya Bro Alex....I can hear the Drum music!!

Posted by WM Niaga > 2017-05-11 14:42 | Report Abuse

BUY on rumors......SELL on news!!!

Posted by WM Niaga > 2017-05-11 14:44 | Report Abuse

MRCB, EPF to seal Kwasa Damansara partnership deal by year-end

Author: damiantreez | Publish date: Thu, 11 May 2017, 02:05 PM

The Kwasa Damansara MRT station, which is one of the stations along the Sg Buloh-Kajang line.

KUALA LUMPUR: The Employees Provident Fund (EPF) and Malaysian Resources Corp Bhd (MRCB) are expected to seal the shareholders agreement for developing the RM8bil main town centre of the massive Kwasa Damansara township by year-end.

In a filing with Bursa Malaysia on Tuesday, MRCB also announced that the size of the Sungai Buloh land, coded as MX-1, was now slightly larger at 64.3 acres (compared to 64.07 acres previously) following a subdivision.

Posted by ultramantoron > 2017-05-11 14:48 | Report Abuse

ni news semalam la der.

Posted by KLCI King > 2017-05-11 15:19 | Report Abuse

Buy warrant, loss you loss Maximum 16 cents, once you gain you make more than 16 cents

Posted by Gamuda22 > 2017-05-11 15:33 | Report Abuse

@KLCI King ....bro, u r funny. Loss max 16 cents means 100% loss....

Posted by ilovehits > 2017-05-11 15:48 | Report Abuse

Buy small portion of mrcb-wa at 0.16. If the news is fake, lose few cents. If the news is real, then this counter will shoot through the roof. Good BET.

Posted by ilovehits > 2017-05-11 15:51 | Report Abuse

Also bought some malton-wb at 0.62 few days ago. Malton has more chance than MRCB I think.