MRCB gets RM7.5b management contract for Kwasa Damansara job
MRCB’s wholly-owned MRCB Land Sdn Bhd is the project’s management contractor.
MRCB’s wholly-owned MRCB Land Sdn Bhd is the project’s management contractor.
On an 11.2-acre land adjacent to the monorail depot in Brickfields.
“The proposed acquisition will enhance the group’s earnings potential..."
The contract is from now until Dec 31, 2019, with the option to renew the contract for another two years.
The position was left vacant following the retirement of Lim Han Gie on Jan 31.
Group has a landbank of 2,100 acres with a gross development value of RM8 billion.
Fourth quarter net loss stood at RM2.64 million compared to a net profit of RM821,000 a year earlier.
The property development segment saw higher sales recognition due to increased progress of work done.
SunCon said with this project, its outstanding order book as at to date amounts to RM6.7 billion.