“It will not have an impact, as the nature of our developments is that they are transit-orientated developments (TODs). We have different product mixes.”MRCB’s chief corporate officer Amarjit Chhina said MRCB has gone beyond being a “single-project” company. There wasn’t much of a construction business and the gearing was up towards 200%. On the property side, 80% comprise TODs.”Amarjit also said MRCB’s construction business has been registering good growth over the years. “Our construction business has grown from a negligible amount.

Source: The Star May 21, 2018 20:26 UTC