Tag: MRCB gearing going down with Kia Peng land sale

This is a developer listed in BURSA with a market capitalisation of over RM4 billion. It is the Project Delivery Partner (PDP) for Kwasa Damansara. Reported in many media recently. Malaysian Resources Corporation Bhd (MRCB) is selling a piece of prime lan along Jalan Kia Peng here to the Social Security Organisation (Socso) for RM323mil.…