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MRCB
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The Malaysian Resources Corporation Berhad (, commonly referred to as MRCB) is a Malaysian and property development company based in . It is the master developer of the Kuala Lumpur Sentral and business district.

With the EPF as a significant shareholder (38 percent), MRCB is considered a government-linked company (GLC) in Malaysian business circles.


History
MRCB was founded in 1968 as Perak Carbide Corporation Sdn Bhd, a manufacturer, and went public in 1971. In 1981, it shifted its business focus to property development and took on its present name.

Since the 1990s, MRCB has led a also comprising Keretapi Tanah Melayu and Pembinaan Redzai to develop and construct KL Sentral, the largest transportation hub in Malaysia. KL Sentral is the intersection of , , (LRT and monorail), Express Rail Link to Kuala Lumpur International Airport and the newly opened KVMRT Sungai Buloh-Kajang line. The business district is also home to major local corporations including , and , and the Malaysian headquarters of foreign multinationals such as Shell and . As of 2015, KL Sentral is almost fully developed aside from two lots set aside for future projects.

Township projects developed by MRCB include 9 Seputeh and Kota Semarak in the periphery of Kuala Lumpur. As of 2015, major projects in the pipeline include , a similar transport hub for the northern city of , PJ Sentral, a mixed residential and commercial development in the KL suburb of , and refurbishment of the Bukit Jalil National Stadium. It is also a in the development of the town centre in the 2,330-acre township in the , which is owned by its major shareholder, the Employees Provident Fund (EPF).


Notable projects


External links

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