Newsroom

Stay up to date with the latest news about us.

Update

Phase 2 of Penang Sentral to go full swing next year

Phase 2 of the billion ringgit Penang Sentral integrated mixed-development project in Butterworth is expected to go full swing next year.

February 18, 2020

Featured

MRCB net profit expected to recover in FY20

Malaysian Resources Corp Bhd (MRCB) saw a core net loss of RM34.3 million excluding a RM58 million gain from a 30% stake sale in One IFC compared to our

March 02, 2020

Featured

MRCB posts higher revenue, lower profit in Q4

Malaysian Resources Corp Bhd’s (MRCB) net profit slipped to RM6.03 million the fourth quarter ended December 31, 2019 from RM26.4 million a year ago.

February 26, 2020

Date	Title
21 November	Q3 2019 Profits Impacted by Timing of Revenue Recognition; 2020 Expected to be Stronger
19 November	MRCB and Celcom Form a Partnership to Explore Sustainable Cutting-edge Smart Building Solutions
6 September	ALSTONIA HILLTOP HOMES BY MRCB LAND RECEIVES POSITIVE UPTAKE - MRCB Land Also Announces The Collection Of Malaysia’s Largest Coin-Bank Donation Drive To Yayasan MRCB
26 August	H1 2019 Results Impacted by Timing of Revenue Recognition; 2019 Lays Groundwork for a Stronger 2020
20 June	MRCB Wins Gold Award at the 2019 Australasian Reporting Awards
17 June	Beam E-Scooters Now Available at Stesen Sentral Kuala Lumpur
30 May	Q1 2019 Results Impacted by Delays In Revenue Recognition; Pace of Recognition to Increase in Q2 Onwards
26 February	2018 Results Impacted by No Disposal Gains and Re-Timing of LRT3 Project; Net Gearing Down to 0.19 Times
16 February	Launch of Elevated Link Bridge Connecting Old Klang Road to New Pantai Expressway Serves as Catalyst for Enhanced Connectivity and Road Network.

Date	Title
19 December	MRCB Receives RM1.074 Billion Payment from EPF; Net Gearing Falls to 24% - Corporate Transformation Achieved. RM21 Billion Construction Orderbook Ranks as the Highest in the Industry.
25 November	MRCB Receives RM1.325 billion Settlement Sum for Concession Termination of Eastern Dispersal Link Expressway
22 November	MRCB Records Revenue of RM1.5 billion and Profit of RM114.1 million in the First 9 Months of 2018
15 November	Penang Sentral Opens to Public on 22 November 2018
30 August	MRCB Records Steady Profit Growth in the First Half of 2018
25 June	MRCB Wins Gold Award at the 2018 Australasian Reporting Awards
20 June	Leadership Transition at MRCB
01 June	KL Sports City Wins Prestigious International Awards; Bukit Jalil National Stadium Named Stadium Of The Year at the World Stadium Congress Awards 2018
30 May	MRCB Records Steady Profit Growth in the First Quarter of 2018
01 March	Ti-Ratana Children Benefits From MRCB's Joy of Spring Charity Bazaar
28 February	Revenue Grows 17.3% in 2017
28 January	The Joy of Spring Descends on MRCB's Sentral Suites

Date	Title
21 November	MRCB Records 75% Growth in Revenue in the First 9 Months of 2017
29 August	MRCB Records 55% Growth in Revenue in First Six Months of 2017
8 August	Road Closure at Kuala Lumpur Sentral CBD from 08 August until 22 August 2017
29 May	MRCB Records Strong Growth in the First Quarter of 2017
18 May	MRCB Foundation Refurbishes Special Education Programme and Pre-School Buildings at SJK (T) Jalan Fletcher, Kuala Lumpur.
5 May	MRCB wins three awards at the Property Insight Prestigious Developer Awards (PIPDA) 2017.
3 April	MRCB Signs MoU with India Developer Adani Realty
21 March	MRCB Clinches National Contribution Award at the StarProperty.my Awards
27 February	Full Year Revenue up 41.9% and Profit Before Tax up 6.1% in 2016 Revenue and Profit Before Tax Highest Recorded in 10 years
9 January	MRCB’s Foundation Donates Back-To-School Supplies To Underprivileged Students

Date	Title
22 December	MRCB: Phase One of KL Sports City on track
30 November	Significant Progress Recorded in MRCB’s 3rd Quarter 2016 Results Revenue Rises 47.4% and Profit Before Tax Increases 143.2%
08 October	MRCB Holds Football Match for Hari Sukan Negara 2016
05 September	MRCB-GMD Wins Pangkor Dialogue Awards 2016
01 September	TM Collaborates with MRCB to Empower MRCB Development Projects with ICT and IOT-Enabled Smart Services
25 August	MRCB 2nd Quarter 2016 Results
23 August	MRCB partners with MIEA to enhance branding of its property projects
17 August	MRCB & PropertyGuru's Exclusive Online Strategic Partnership to Market Sentral Suites, KL Sentral CBD
30 June	MRCB Subsidiary 348 Sentral Sdn Bhd Signs SPA with MRCB-Quill REIT for the Sale of Menara Shell
31 May	MRCB Records Revenue of RM436.0 Million and Profit before Tax of RM18.7 Million for First Quarter 2016. Gearing Further Reduced to 1.22x
26 May	MRCB Appointed PDP for the Main Infrastructure Development Works at Kwasa Damansara by Kwasa Land Sdn Bhd
05 April	MRCB To Build RM56.8 Million Cold Storage Processing and Distribution Centre For Giant
01 April	MRCB bags two awards at the Property Insight Prestigious Developer Awards 2016
01 March	MRCB's Group Managing Director YBhg Tan Sri Mohamad Salim Fateh Din Wins "Masterclass Excellence Award - Business Icon of the Year 2015" at the Utusan Business Awards
22 February	MRCB Records Revenues of RM1,697 million and Profit before Taxation of RM370.1 million in 2015, and three Major Deals with a GDV of RM15 billion
15 February	Misleading News Report - Accident Victim Was Not MRCB's Employee
15 January	Road Closure and Traffic Diversion at Kuala Lumpur Sentral CBD

Date	Title
03 December	MRCB's Subsidiary 348 Sentral Sdn Bhd Executes Heads of Agreement with MRCB-Quill REIT for Sale of Menara Shell
30 November	"Global CEO of the Year" Win for MRCB Group Managing Director Tan Sri Mohamad Salim Fateh Din at the 6th Middle East Business Leaders Awards 2015
28 October	Cardiac Vascular Sentral Kuala Lumpur Sdn. Bhd. announces updates to its purchase of Sooka Sentral
28 October	MRCB wins RM1.6 billion bid to regenerate Bukit Jalil National Sports Complex into KL Sports City
28 October	Management Contract for Kwasa Utama Signed Between KUSB and MRCB
10 October	NU Sentral Holds High Spirited Zumba Session for Hari Sukan Negara 2015
15 September	MRCB Donates Soccer Balls to Schools in Brickfields & Three States
27 August	MRCB’s Group Managing Director Tan Sri Mohamad Salim Fateh Din Receives Honours for Outstanding Achievement
24 August	MRCB Records Revenue and Profit Before Taxation of RM934.5 million and RM344.4 million for the First Half of 2015
05 August	MRCB’s Sooka Sentral to be Redeveloped as a Specialist Cardiac and Vascular Centre for Medical Tourism
21 May	MRCB Records 97.6% Jump in Revenue at RM404.2 million for 1st Quarter of 2015 Compared to Previous Corresponding Quarter in 2014
22 April	MRCB Dispose Its 51% Equity in Nu Sentral Sdn Bhd (NSSB) to Pelaburan Hartanah Berhad (NSSB manages NU Sentral mall operations)
14 April	MRCB’s RM10 Million 1Wilayah Persekutuan Library in Lembah Pantai is Now Open to Public
13 April	MRCB Swaps Shares with DMIA to Enhance the Group’s Strategic Focus on Current Development Projects
07 April	MRCB via its subsidiary, Legasi Azam Acquires German Embassy Land in Jalan Kia Peng for RM259.16 million
30 March	MRCB Switches Off for Earth Hour 2014
15 March	MRCB Joins Local Puchong Community for Anti Dengue Gotong Royong
12 March	MRCB Anticipates Value from Key Development Projects in 2015
25 February	MRCB Records Highest Revenue of RM1.5 Billion Surpassing 5 Years Performance
23 February	Free Shuttle Van Service and Others Users' Convenience at New Temporary Penang Sentral Bus and Taxi Terminal
23 February	MRCB Records Profit for 4th Quarter of 2014
19 January	Penang Sentral New Temporary Terminal to Replace Ageing Temporary Terminal - Improvements in Phases
13 January	World-Class Transport Oriented Business District at the Kuala Lumpur Sentral CBD, Providing Great Accessibility and Security for Embassies
09 January	Penang Sentral Temporary Terminal Bus and Taxi Services Moving to New Location
08 January	MRCB Distributes Donation to Families and Next-Of-Kin of MH17 Technical And Cabin Crew
02 January	MRCB Donates to Flood Relief Effort

Date	Title
06 December	'Bomb' kills 3 and injures 40 in Stesen Sentral Kuala Lumpur - Emergency Exercise
30 November	MRCB Hosts Mayor of London's Visit to Kuala Lumpur Sentral CBD
29 November	MRCB Plants 100 Mangosteen Trees as Part of Greater Kuala Lumpur Greening Initiative
11 November	MRCB Builds Overhead Bridge to Connect Jalan Klang Lama with the New Pantai Expressway
14 October	MOSTI launches new biotech solution to combat Dengue in Kuala Lumpur Sentral
18 September	MRCB Tech Share Sale Agreement Signing Ceremony with XMT Technologies Holdings Sdn Bhd
05 September	Architectural Rejuvenation Of Muzium Negara Exhibition
23 August	RM812,000 Funds Raised for MH17 Cabin Crew & Palestinian Relief Fund at NU Sentral Squash Charity Match
22 August	MRCB Records Profit for 2nd Quarter 2014
20 August	NU Sentral is Venue Host for the CIMB Malaysian Open Squash Championships 2014
14 August	MRCB & Kwasa Land Signs Shareholders' Agreement for Kwasa Damansara MX-1 Project with GDV of RM8 billion
24 July	MRCB Buys PHB Stake in Penang Sentral Sdn Bhd
18 July	Fesyen terbaru sambutan Aidil Fitri di Plaza Alam Sentral
17 July	MRCB & Datin Paduka Seri Rosmah handover Ramadhan hampers and cash to 500 orphans and 150 single mothers at Stesen Sentral Kuala Lumpur
01 July	Penjelasan berkenaan Tapak Bazar Ramadhan di Plaza Alam Sentral
30 Jun	MRCB wins bid for Kwasa Land's Project MX-1
26 Jun	Keys to New Brickfields Quarters Handed Over to Residents
05 Jun	The Prime Minister Visits Stesen Sentral Kuala Lumpur and Nu Sentral Mall
21 May	MRCB's Platinum Sentral Wins FIABCI Prix d'Excellence International Awards 2014's Sustainable Development Category
19 May	MRCB Increases Profit in 1st Quarter of 2014
25 April	Global Leadership Award Dual Category Win for MRCB and Its Group Managing Director Datuk Mohamad Salim Fateh Din
18 April	MRCB Signs Corporate Integrity Pledge, Commits to Strengthen Corporate Governance Practices
10 April	MRCB Gains RM240 Million on RM750 million Divestment of Platinum Sentral to QCT REIT
07 April	Celebrating Nu Forms of Art in Nu Sentral Mall
29 March	Nu Sentral Opening Marks New Retail Experience
27 March	MRCB Holds Taxi Drivers’ Familiarisation Exercise for Nu Sentral
27 February	High Court Dismisses PKNS Claims Against Nusa Gapurna Development and MRCB
25 February	MRCB Revenue and Loss for Cumulative 4th Quarter ended 31 December 2013
21 February	MRCB Distributes Mineral Water To Cheras Residents Affected By Water Supply Interruption
29 January	MRCB Sells Stake in DUKE Highway for RM228 Million Cash
28 January	MRCB Holds Retailers’ Event for Nu Sentral Retail Mall

Date	Title
13 November	MENARA SHELL HAS GOOD FENG SHUI ELEMENTS
12 November	Special Visit by Pakistan High Commissioner to Kuala Lumpur Sentral CBD
09 November	MRCB's Platinum Sentral Wins Sustainable Development Category at The FIABCI Malaysia Property Award 2013
08 November	MRCB's Group Managing Director Wins 5th Malaysia Business Award for Excellence in Development and Construction
02 September	Datuk Mohamad Salim Bin Fateh Din Appointed as MRCB's Group Managing Director
12 June	Traffic Diversion for "Ex-Sentral 13" Emergency Response Exercise
05 June	HIGH ACHIEVERS' AWARDS FOR MRCB STAFFS' CHILDREN
28 March	MRCB'S EASTERN DISPERSAL LINK EXPRESSWAY WINS MCIEA 2012
18 March	MRCB switches off lights in its property development for Earth Hour 2013
08 February	MRCB Inks Partnership with Gapurna

A key development player in Malaysia, with the award-winning Kuala Lumpur Sentral CBD project being our centrepiece, our business model focuses on delivering value across the entire value chain creating sustainable returns for shareholders and making a positive impact in the communities in which we operate.

Property Development and Investment

Engineering, Construction and Environment

MRCB - Newsroom