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MRCB falls on new rights shares listing

MRCB falls on new rights shares listing

KUALA LUMPUR (Nov 3): Malaysian Resources Corp Bhd (MRCB) fell as much as 5.5 sen or 5%, following the listing of the builder and property developer's 2.19 billion new rights shares today.

MRCB shares slipped to their lowest so far today at 99.5 sen. At 3:45pm, the stock was traded at RM1.01, with some 45 million shares transacted.

MRCB was Bursa Malaysia's ninth most active stock. 

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