PETALING JAYA: Emerging property developer MCT Berhad (MCT) completed the turnaround of its financial performance for the financial year ended December 31, 2022 (FY2022) by recording RM13.6 million net profit in the fourth quarter of the financial year ended December 31,2022 (4Q2022).

PETALING JAYA: MCT Bhd has entered into an agreement to acquire 4.02 acres of leasehold commercial land in Bangi, Selangor, for RM31.5 million, on which it intends to develop a mixed project with a gross development value (GDV) of RM406 million.

PETALING JAYA: MCT Bhd today launched Alira, its latest freehold 5.6 acres residential project spanning over an 88-acre Metropark township.

Registration of interest started in the second quarter of 2021, and at the point of launch MCT achieved 40% take up, where majority of buyers purchased the larger sized units and low-rise villas.