MRCB ( AmResearch) hold; fair value RM2.40
New landbank in Setapak
• It was announced on Bursa Malaysia yesterday that Malaysian Resources Corporation (MRCB) has proposed to acquire three parcels of leasehold land measuring a combined 27.4 acres (1.19 million sf) in Setapak, Kuala Lumpur, for RM110mil (RM92psf).