How do you think this will play out for $MRCB / 1651 (MALAYSIAN RESOURCES CORPORATION BERHAD) in the mid-term?
The stock seems to have been in a state of hibernation since 2017, awaiting a significant catalyst. With this new project and the KL Sentral redevelopment, will these be sufficient to provide the much-needed boost?
Their current net gearing ratio of 0.30 also suggests some room for raising debt, if necessary.
What’s your take on this?