The Board of Directors of MRCB wishes to announce that Country Annexe Sdn Bhd (“CASB”), a wholly-owned subsidiary of MRCB has today, entered into a Memorandum of Agreement (“MOA”) with Ipoh Sentral Sdn Bhd (“ISSB”) to formalise the collaboration of the parties to jointly undertake the development of Ipoh Sentral, a transit-oriented development  on a piece of land held under H.S(D) 940438 PT 284760 and H.S(D) 940439 PT 284761, Bandar Ipoh (U), District of Kinta, State of Perak (“the Land”) (“Proposed Joint Venture Development”).