Malaysian Resources Corporation Berhad (KLSE:MRCB) is in the midst of appointing a party to administer the tender process for the sale of the Ascott Sentral Kuala Lumpur serviced apartments, say industry sources. The property could fetch between MYR 150 million and MYR 180 million. MRCB may hire a real estate agent or a bank to invite bids. "MRCB intends to sell the Ascott Sentral Kuala Lumpur, but the sale will be done via a tender. The best bid will be considered by the MRCB board," says a source, adding that the selection of the tender administrator has just commenced."