Mega Sun eyes property development to raise income


Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.

GEORGE TOWN: Property management-based Mega Sun City Holdings Bhd is eyeing diversifying into property development to broaden its income base.

According to group managing director Datuk Thomas Liang, the company is looking at reducing the contribution from its core property management business by 80% from 100% currently.

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