https://en.wikipedia.org/wiki/MRCB
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| Public | |
| Traded as | MYX: 1651 |
| ISIN | MYL1651OO008 |
| Industry | |
| Founded | 21 August 1986(as Perak Carbide Corporation) |
| Headquarters | Menara Allianz Sentral 203 Jalan Tun Sambanthan, Kuala Lumpur Sentral, Malaysia |
Key people
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| Services |
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| Revenue |  RM2,408 million (2016)[1] |
| RM393 million (2016)[1] | |
| RM319 million (2016)[1] | |
| Total assets | RM7,507 million (2016)[1] |
| Total equity | RM3,025 million (2016)[1] |
| Subsidiaries |
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| Website | www |
Malaysian Resources Corporation Berhad (MYX: 1651, commonly referred to as MRCB) is a construction and property development company based in Kuala Lumpur. It is the master developer of the Kuala Lumpur Sentral transport hub and business district.[2]
With the EPF as a significant shareholder (38 percent), MRCB is considered a government-linked company (GLC) in Malaysian business circles.[3]
Since the 1990s, MRCB has led a consortium also comprising Keretapi Tanah Melayu and Pembinaan Redzai to develop and construct KL Sentral, the largest transportation hub in Malaysia.[5] KL Sentral is the intersection of KTM Komuter, ETS, Rapid Rail (LRT and monorail), Express Rail Link to Kuala Lumpur International Airport and the newly opened KVMRT Sungai Buloh-Kajang line.[6] The business district is also home to major local corporations including UEM, CIMB and Axiata, and the Malaysian headquarters of foreign multinationals such as Shell and General Electric. As of 2015, KL Sentral is almost fully developed aside from two lots set aside for future projects.[2]
Township projects developed by MRCB include 9 Seputeh and Kota Semarak in the periphery of Kuala Lumpur.[7] As of 2015, major projects in the pipeline include Penang Sentral, a similar transport hub for the northern city of Penang, PJ Sentral, a mixed residential and commercial development in the KL suburb of Petaling Jaya, and refurbishment of the Bukit Jalil National Stadium.[8][9][10] It is also a joint venturer in the development of the town centre in the 2,330-acre Kwasa Damansara township in the Klang Valley, which is owned by its major shareholder, the Employees Provident Fund (EPF).[11]
https://www.mrcb.com.my/
MRCB is a leading urban property developer, with a large portfolio of successful integrated commercial and residential developments anchored around transportation hubs.
MRCB was the pioneer of Transit Oriented Development (“TOD”) in Malaysia, through its flagship and award winning Kuala Lumpur Sentral CBD project, which has attracted some of the world’s leading corporations as tenants due to its excellent transportation connectivity. MRCB’s future TOD projects – PJ Sentral Garden City, Penang Sentral, Kwasa Sentral and Cyberjaya City Centre, will feature excellent transportation connectivity at their core. The Group’s Property investment activity is through its 27.9% equity stake in MRCB-Quill REIT. MRCB owns an urban development land bank of 358 acres, with an estimated gross development value of RM52 billion.
Designing, building and contracting gives MRCB complete control over its own property development projects, helping the Group ensure that the project’s vision is fully realised.
As well as constructing world class commercial and residential buildings, MRCB’s Engineering, Construction & Environment division also has an enviable track record in transportation infrastructure, Engineering, Procurement and Construction (EPC) of high voltage power transmission projects comprising substations, overhead transmission lines and underground cabling. Its environment business undertakes the rehabilitation and flood mitigation of rivers and coastal areas. Engineering, Construction & Environment Division has an external order book of RM6.5 billion.
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