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Malaysian firm bets on the future

皇冠体育app Daily | Updated: 2009-05-26 08:15

Malaysian firm bets on the future

Shahril Ridza Ridzuan, managing director of Malaysian Resources, stands by a model of the Kuala Lumpur Sentral transportation hub. The company will build two office projects this year after the global recession pushed steel prices lower. Bloomberg News

KUALA LUMPUR: Malaysian Resources Corp, developer of the nation's biggest transport hub, will build two office projects valued at 1.8 billion ringgit ($517 million), gauging that property markets will revive as the global recession eases.

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