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PETALING JAYA: Hong Leong Investment Bank (HLIB) has upgraded construction and property group Malaysian Resources Corporation Bhd (MRCB) to a “buy” from its previous “hold” call with a target price (TP) of 55 sen from 34 sen previously.
KUALA LUMPUR: Malaysian Resources Corporation Bhd’s (MRCB) net profit for the financial year ended Dec 31, 2022 (FY2022) rose to RM64.85 million from RM15.83 million a year ago.
Corporation shows 121% revenue increase.
Kuala Lumpur City Hall (DBKL) has approved the construction of a pedestrian bridge along Jalan Rozario in Brickfields.