KUALA LUMPUR (May 22): Shares of Malaysian Resources Corp Bhd (MRCB) rose 1.38% in active trade this morning after the company said yesterday it is hopeful to pare down its debts with the disposal of the Eastern Dispersal Link (EDL) to the government, expected to be by end of this year.
As at 10.15am, it rose one sen to 73.5 sen with 15.87 million shares done, higher than its 200 day average volume of 12.5 million.
Yesterday the company said it remains hopeful that it can complete its disposal of the EDL to the Malaysian government by the end of this year.
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