MRCB in venture to buy land for RM133m

MALAYSIAN Resources Corp Bhd (MRCB), together with its joint-venture company Quill Sentral Sdn Bhd and Kuwait Finance House (KFH) has bought land in Lot B KL Sentral for RM133 million. Measuring 7,503 sq m, the joint-venture group plans to develop office towers on the land. The towers will have a total gross floor area of 1.4 million sq ft. KFH is participating as a financier.

(31-1-2008 New Straits Times)