Mah Sing to launch six new projects with RM2.3bil GDV this year

Press briefing: Leong speaking to the media after Mah Sing’s EGM yesterday.

KUALA LUMPUR: Mah Sing Group Bhd is planning to launch six new property projects with a total gross development value (GDV) of RM2bil over the year.

“Currently, we have 35 active projects, all of which are in various stages of progress. Together with our existing projects, these developments will be built over the next eight years,” its group managing director and group chief executive Tan Sri Leong Hoy Kum told reporters after the company’s EGM to obtain shareholders’ approval to redirect the balance RM363.43mil which was previously allocated to the proposed acquisitions of Seremban and Puchong land.