| In the beginning...
MRCB was incorporated
in 1968 as a private company, Perak Carbide
Sdn Bhd with its main business activity
the manufacturing of carbide. It was converted
into a public company in 1969 and listed
on the Kuala Lumpur Stock Exchange in
1971.
In October 1981, Perak Carbide Sdn Bhd
became Malaysian Resources Corporation
Berhad, MRCB. MRCB’s early ventures
were in property development construction
and investment. In 1993, it diversified
into the print and electronic media business,
having acquired the New Straits Times
Press (Malaysia) Berhad (NSTP) and Sistem
Televisyen Malaysia Berhad (TV3).
MRCB then added power generation and power
transmission to its core activities establishing
vital links of growth for the company
and nation.
Following the Asian financial crisis
of 1997, MRCB underwent a major corporate
restructuring exercise involving the demerger
of its media operations as a separate
listed company, Media Prima Berhad. Today,
MRCB is a lean, resilient organisation
with four core divisions:
- Property Development
- Engineering, Construction & ICT
- Infrastructure,Concessions & Environmental
- Building Services
|
