MRCB to acquire Gapurna’s GSB stake

Posted on | July 1, 2010

By BUSINESS TIMES


MALAYSIAN Resources Corp Bhd (MRCB) has entered into a conditional share sale agreement with Gapurna Sdn Bhd to buy its 60 per cent share in GSB Sentral Sdn Bhd for RM105 million.

Upon completion of the exercise, GSB Sentral, a property development company with projects in Brickfields, Kuala Lumpur, will become a wholly-owned unit of MRCB, it told Bursa Malaysia.

- Malaysia Property Market News

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