Malaysian Resources Corporation Berhad (MRCB)

Company description

Malaysian Resources Corporation Berhad (MRCB) is a leading urban property and construction company, which has been listed on the Main Board of Bursa Malaysia since 1971. The Group’s activities span four areas: Property Development & Investment, Engineering, Construction & Environment, Facilities Management, and Infrastructure & Concession.

As the developer of the iconic MYR18 billion (US$4.3 billion) KL Sentral CBD, MRCB pioneered Transit Oriented Development (TOD) in Malaysia and sets the standard for future fully integrated TOD projects. MRCB’s property development revenues are underpinned by its 393-acre urban land bank which has an estimated GDV of MYR55 billion (US$13.3 billion). Its property investment activity is conducted through its 27.9 % equity stake in MRCB-Quill REIT.

Apart from constructing world class commercial and residential developments, MRCB’s Engineering, Construction & Environment Division also has an enviable track record in highways, rail infrastructure, high voltage power transmission projects and the rehabilitation of rivers and coastal areas. As of November 2018, the division has an external order book of MYR6.2 billion (US$1.5 billion).

The company's Infrastructure & Concession Division comprises the Eastern Dispersal Link (EDL), which handed over to the Government of Malaysia after its concession period ended 31 December 2017. 

MRCB’s largest shareholder is the Employees Provident Fund.

Company details

City:
Kuala Lumpur
Address:
MALAYSIAN RESOURCES CORPORATION BERHAD Level 30, Menara Allianz Sentral, No. 203, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Malaysia

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 05, 2018

    Concession for first privately funded expressway in Malaysia terminated

    Malaysian Resources Corp Bhd (MRCB) has terminated its concession for the Eastern Dispersal Link Expressway (EDL) in Johor Bahru, receiving a settlement sum of MYR1.325 billion (US$319.3 million) from...

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