MRCB to construct 30-storey tower for RM197 million

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KUALA LUMPUR (Oct 13): Malaysian Resources Corporation Bhd (MRCB) has today announced it has received from Johor Land Bhd, acceptance of its tender for the construction of a 30-storey building in Johor.

In a filing with Bursa Malaysia, the company said the contract is worth RM197.36 million to construct the tower at Komtar JBCC, Jalan Wong Ah Fook, Johor Bahru, Johor .

The construction period for the works is 24 months and to be completed by November 2016.

The company said the project is expected to contribute positively to the future earnings of MRCB Group.