Thursday, July 1, 2010

M’sian Resources Corp Bhd : Buys Out JV Partner Of 348 Sentral - 1/7/2010

Takes full control of 348 Sentral. MRCB is buying out its partner in 348 Sentral, an office & service apartment development with a total GDV of RM850m in KL Sentral. It is paying RM105m for a 60% stake in the project held by Gapurna (linked to businessman Dato’ Mohamad Salim bin Fateh Din), boosting its stake in the project to 100%.

M’sian Resources Corp Bhd : Buys Out JV Partner Of 348 Sentral - 1/7/2010

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