UBS: Extension could allow Mah Sing to renegotiate terms

PETALING JAYA: There could be an opening for property developer Mah Sing Group Bhd to renegotiate for more favourable terms after the company extended for six months the proposed acquisition of Sultan Salahuddin Abdul Aziz Shah Golf Course (SSAAS).

Mah Sing has recently announced that the conditions precedent for the proposed acquisition of SSAAS land have not been fulfilled within the stipulated time frame, which was by March 14.