MRCB Shares Fall as Below-view 1Q Prompts Caution

Shares in Malaysian Resources Corp Bhd (KL:MRCB) fell on Friday, and nearly wiped out their gains this month, as the latest weaker-than-expected quarterly results prompted caution among investors and analysts.

The Edge MarketsMay 31 10:54

MRCB Reports 65% Drop in 1Q Net Profit on Lower Sales, Billings

Malaysian Resources Corp Bhd (KL:MRCB) posted a 64.57% year-on-year (y-o-y) drop in its first quarter net profit due to lower sales and billings following the completion of two major projects.

The Edge MarketsMay 30 18:49

MRCB Affirms No Impact on Business From Diesel Subsidy Rationalisation

KUALA LUMPUR (May 28): Malaysian Resources Corporation Bhd (MRCB) anticipates that the rationalisation of diesel fuel subsidies will not affect its operational efficiency, project timelines, service delivery or cost base.

The Edge MarketsMay 28 13:32

With 55% Ownership, Malaysian Resources Corporation Berhad (KLSE:MRCB) Boasts of Strong Institutional Backing

Yahoo FinanceMay 26 09:16

Johor now the largest data centre market in Malaysia, driven by investments from MNCs: report

Resource site Baxtel cites Johor as the largest data centre market in Malaysia now, as multinational corporations (MNCs) with regional presence pour investments into the state, according to a report by Channel News Asia.

nstMay 7 14:55

Is Now The Time To Look At Buying Malaysian Resources Corporation Berhad (KLSE:MRCB)?

Yahoo FinanceMay 5 09:01