The RM1.6bil land swap deal that Malaysian Resources Corp Bhd (MRCB) secured to regenerate Bukit Jalil National Sports Complex (NSC) is in line with the company’s strategy to expand its land bank.
The construction and property development company further notes it will be able to internally generate funds to sufficiently finance the two-phased project to refurbish and upgrade Bukit Jalil NSC into KL Sports City over the next five to six years.
“We have no issue with cash flow as we are able to internally generate funds for the projects,” MRCB executive director Imran Salim said.
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The construction and property development company further notes it will be able to internally generate funds to sufficiently finance the two-phased project to refurbish and upgrade Bukit Jalil NSC into KL Sports City over the next five to six years.
“We have no issue with cash flow as we are able to internally generate funds for the projects,” MRCB executive director Imran Salim said.
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