KUALA LUMPUR (Aug 22): MCT Bhd has entered into an agreement to acquire 4.02 acres of leasehold commercial land in Bangi, Selangor for a total purchase consideration of RM31.5 million.

KUALA LUMPUR (March 4): MCT Bhd announced today Apollo Bello Tanco's redesignation as executive director and appointment as chief operating officer of the property developer.

In separate statements to Bursa Malaysia today, MCT also announced Susan Jacob Secreto's appointment as chief financial officer.

The group said the appointments and redesignation are effective today. Tanco was redesignated to executive director from non-executive director of the group.

KUALA LUPUR (Feb 14): MCT Bhd announced today Teh Heng Chong's appointment as chief executive officer and executive director, effective March 4, 2019.

Property developer MCT said this today in separate statements to Bursa Malaysia. 

KUALA LUMPUR (April 13): MCT Bhd plans to build some 1,400 serviced apartments on a 9.13 acre plot of land in the district of Petaling, acquired for RM143 million cash from Tropicana Corporation Bhd.

In a bourse filing today, MCT said its wholly-owned unit Next Delta Sdn Bhd had signed a conditional sale and purchase agreement with Tropicana’s unit, Tropicana Metropark Sdn Bhd, for the freehold plot — formed of two contiguous parcels of land in Pekan Country Height.

The land has a permitted plot ratio of 1:4 and it has been issued a master development order approval.