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CGS-CIMB Research positive on MRCB's NZ foray


An artist s impression of the Aotea Central Over Station Development (OSD) in Auckland City centre.
KUALA LUMPUR: CGS-CIMB Equities Research is positive on Malaysian Resources Corp Bhd’s (MRCB) foray into New Zealand with Panuku Development Auckland to undertake a transport-orientated development (TOD) there with a GDV of RM1.3bil.
“This is a positive development for its overseas property development venture and one that leverages on the group s experience in TODs in Malaysia, ” it said on Wednesday.
CGS-CIMB Research said assuming a five to eight-year development period for the mixed commercial and residential project, it estimates an annual revenue of RM163mil to RM260mil per annum. ....

New Zealand , Kuala Lumpur , New Zealand General , Equities Research , Panuku Development Auckland , Aotea Development , Malaysian Resources Corp Bhd , Aotea Central Over Station Development , Auckland City , Aotea Station , Analyst Reports , புதியது ஜீலாந்து , குவாலா லம்பூர் , புதியது ஜீலாந்து ஜநரல் , பங்குகள் ஆராய்ச்சி , மலேசியன் வளங்கள் கார்ப் ப்ட் , ஆக்லாந்து நகரம் , ஆய்வாளர் அறிக்கைகள் ,

MRCB partners NZ's Panuku for RM1.3b TOD project in Auckland


(MRCB) is making its foray into New Zealand by teaming up Panuku Development Auckland to undertake a transport-orientated development (TOD) there with a gross development value of NZ$452mil (RM1.3bil).
In a statement issued on Tuesday, MRCB said they will develop the Aotea Central Over Station Development (OSD) in Auckland City centre.
The urban regeneration development above the city rail link s Aotea station spreads across 1.08 acres with a total gross floor area of about 45,292 square meters (487,520 square feet).
The site is formerly a car park used for Auckland Council fleet parking at the intersection of Mayoral Drive and Wellesley Street. ....

New Zealand , Kuala Lumpur , New Zealand General , Kuala Lumpur Sentral , Imran Salim , David Rankin , Malaysian Resources Corporation Bhd , Panuku Development Auckland , Un Sustainable Development Goals , Aotea Development , Auckland Council , Malaysian Resources Corporation , Aotea Central Over Station Development , Auckland City , Mayoral Drive , Aotea Station , புதியது ஜீலாந்து , குவாலா லம்பூர் , புதியது ஜீலாந்து ஜநரல் , குவாலா லம்பூர் அனுப்பியவர் , இம்ரான் சலீம் , டேவிட் ரான்கின் , மலேசியன் வளங்கள் நிறுவனம் ப்ட் , ஐ.நா. நிலையான வளர்ச்சி இலக்குகள் , ஆக்லாந்து சபை , மலேசியன் வளங்கள் நிறுவனம் ,

MRCB, Serba Dinamik, Kanger International, Top Glove, Star Media, KESM Industries, MMAG Holdings, Scientex, Media Prima, Komarkcorp, Daibochi and Complete Logistics


KUALA LUMPUR (March 9): Based on corporate announcements and news flow today, companies in focus on Wednesday (March 10) may include: Malaysian Resources Corp Bhd (MRCB), Serba Dinamik Holdings Bhd, Kanger International Bhd, Top Glove Bhd, Star Media Group Bhd, KESM Industries Bhd, MMAG Holdings Bhd, Scientex Bhd, Media Prima Bhd, Komarkcorp Bhd, Daibochi Bhd and Complete Logistics Services Bhd.  
Malaysian Resources Corp Bhd (
MRCB) is set to make its mark in New Zealand via a partnership with Panuku Development Auckland to develop the Aotea Central Over Station Development with a gross development value of RM1.3 billion (NZ$452 million) in Auckland City Centre. The urban regeneration development above City Rail Link s Aotea Station spreads across 1.08 acres with a total gross floor area of approximately 45,292 square metres.  ....

Kuala Lumpur , New Zealand , New Zealand General , Johari Abdul Ghani , Chee Heung , Serba Dinamik Sdn Bhd , Sdn Bhd , Scientex Bhd , Choo Meng , Daibochi Bhd , Komarkcorp Bhd , Top Glove Corp Bhd , Robayu Corp , Industries Bhd , Holdings Bhd , Auckland City Centre , Serba Dinamik Holdings Bhd , Panuku Development Auckland , Star Media Group Bhd , China National Pharmaceutical Group Corp Sinopharm , Malaysian Resources Corp Bhd , Capital Holdings Sdn Bhd , Kanger International Bhd , Dynaciate Group Bhd , Logistic Services Bhd , Aotea Development ,