Last 1.70 MYR
Change Today 0.00 / 0.00%
Volume 1.4M
MRC On Other Exchanges
Symbol
Exchange
Kuala Lumpur
As of 4:56 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

malaysian resources corp bhd (MRC) Snapshot

Open
1.69
Previous Close
1.70
Day High
1.71
Day Low
1.69
52 Week High
07/8/14 - 1.79
52 Week Low
12/12/13 - 1.23
Market Cap
3.0B
Average Volume 10 Days
2.0M
EPS TTM
-0.0068
Shares Outstanding
1.8B
EX-Date
06/26/14
P/E TM
--
Dividend
0.01
Dividend Yield
0.59%
Current Stock Chart for MALAYSIAN RESOURCES CORP BHD (MRC)

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malaysian resources corp bhd (MRC) Details

Malaysian Resources Corporation Berhad, an investment holding company, operates as a property and infrastructure developer in Malaysia. It operates through Engineering and Construction, Property Development, Infrastructure and Environmental, and Building Services divisions. The company develops high rise office towers, transportation hubs, retail assets, hotels, residential and commercial properties, and others; and operates Sooka Sentral, Plaza Alam Sentral, and Nu Sentral retail shopping malls. It also has various engineering and construction contracts for projects, including high-rise buildings, hospitals, airports, retail malls, colleges, residential buildings, and energy-power network transmission projects, as well as road, civil, and infrastructural works. In addition, the company offers infrastructure development services primarily for concession and environmental projects, such as beach, river, and coastline rehabilitations. Further, it provides building management and maintenance, and parking services; information technology and professional outsourcing services; general trading and financial consulting services; project management and consulting services; and operates, manages, and maintains Kuala Lumpur Sentral railway station, Penang Sentral, and retail centre. Additionally, the company is engaged in the investment, development, and management of properties; operation of quarry; lease of office and service residence space; shares trading; management and operation of a fitness centre; design, development, construction, project management, operation, and maintenance of Eastern Dispersal Link expressway; and provision of facility management, and engineering and construction services. Malaysian Resources Corporation Berhad was incorporated in 1968 and is based in Kuala Lumpur, Malaysia.

1,249 Employees
Last Reported Date: 04/2/14
Founded in 1968

malaysian resources corp bhd (MRC) Top Compensated Officers

Group Managing Director and Director
Total Annual Compensation: 397.0K
Compensation as of Fiscal Year 2013.

malaysian resources corp bhd (MRC) Key Developments

Malaysian Resources Corporation Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Malaysian Resources Corporation Berhad announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of MYR 325,685,000 compared to MYR 185,731,000 a year ago. Profit from operations was MYR 188,533,000 compared to MYR 50,746,000 a year ago. Profit before tax was MYR 138,763,000 compared to MYR 13,113,000 a year ago. Profit from continuing operations was MYR 123,314,000 compared to MYR 8,094,000 a year ago. Profit for the financial period attributable to equity holders of the company from continuing operations was MYR 117,842,000 or 7.11 sen per basic and diluted share compared to MYR 5,809,000 or 0.42 sen per basic and diluted share a year ago. Profit for the financial period attributable to equity holders of the company was MYR 118,531,000 or 7.15 sen per basic and diluted share compared to MYR 5,809,000 or 0.42 sen per basic and diluted share a year ago. For the six months, the company reported revenue of MYR 530,334,000 compared to MYR 447,765,000 a year ago. Profit from operations was MYR 256,635,000 compared to MYR 96,496,000 a year ago. Profit before tax was MYR 162,671,000 compared to MYR 18,195,000 a year ago. Profit from continuing operations was MYR 136,683,000 compared to MYR 11,716,000 a year ago. Profit for the financial period attributable to equity holders of the company from continuing operations was MYR 123,976,000 or 7.48 sen per basic and diluted share compared to MYR 11,061,000 or 0.80 sen per basic and diluted share a year ago. Profit for the financial period attributable to equity holders of the company was MYR 130,516,000 or 7.88 sen per basic and diluted share compared to MYR 11,061,000 or 0.80 sen per basic and diluted share a year ago. Net cash generated from operating activities was MYR 109,494,000 compared to MYR 45,663,000 a year ago.

Malaysian Resources Corp Bhd Signs Shareholders' Agreement with Kwasa Land Sdn Bhd for the Project MX-1

Malaysian Resources Corp. Bhd (MRCB) has signed a shareholders' agreement with Kwasa Land Sdn Bhd for the Project MX-1, with an estimated gross development value (GDV) of over MYR 8 billion. Kwasa Land said the agreement defined the scope, terms and conditions between Kwasa Land and MRCB in which the parties would come together as development partners via a special purpose vehicle (SPV) company, Kwasa Development Sdn Bhd. The agreement will also see MRCB warranty a profit of MYR 2 billion to the SPV company in which MRCB has taken up a 70% stake at a subscription price of MYR 816.6 million, while the remaining 30% stake is held by Kwasa Land. On June 30, 2014, MRCB announced the receipt of the letter of award (LOA) from Kwasa Land for the development of the project. The LOA is subject to a definitive agreement to be entered into between MRCB and Kwasa Land.

MRCB Reportedly To Acquire A Plot From Government

Malaysian Resources Corporation Berhad (KLSE:MRCB) is planning to acquire an 11.6 hectare government land under a possible privatization deal. The land is owned by the Department of Director General of Lands and Mines under the Natural Resources and Environment Ministry and is believed to be valued at MYR 600 million. “MRCB, which now owns 100 per cent of PJ Sentral after an out-of-court settlement with PKNS recently, wants to take over the 11.6ha land under a privatization deal, with the government getting payments based on the project value,” sources said.

 

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Valuation MRC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.8x
Price/Book 1.4x
Price/Cash Flow 297.4x
TEV/Sales NM Not Meaningful
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