Daily Industry News Update (1 May 2021)

INDUSTRY NEWS (1 MAY 2021)

MRCB undertakes austerity measures amid challenging economic climate

Malaysian Resources Corp Bhd (MRCB) has embarked on austerity and cost cutting measures as the group believes the outlook for the economy will remain challenging for the foreseeable future. Group managing director Mohd Imran Mohamad Salim said MRCB’s immediate

Mah Sing aims to hit RM1.6b property sales this year

Mah Sing Group Bhd aims to achieve RM1.6 billion property sales this year by focusing the affordable landed housing segment in line with the expected growth in the economy and projected recovery of purchasing power. The property developer said the target would be

Tuju Setia eyes further growth post-IPO

Main market-bound Tuju Setia Bhd will continue to be a growth company after it is listed. The construction services company which will be listed on May 19 says it is firmly on a visible growth path ahead with a strong order book that it would be delivering in the next couple of

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