Mah Sing
MAH Sing's share price has surged 112% higher since the start of the year, outpacing the main index advances by about 100% during the same period. Analysts said the property developer's Mah Sing's 150% increase in pre-tax profit to RM21.17mil for the year ended Dec 31, 2003, provided the main thrust for the stock's sharp price increase. rise early this year. They added that some investors also bought the stock in late March, sending it the stock higher ahead of the April 9 deadline to qualify for Mah Sing's bonus, rights and warrants issue. The company had recently announced plans to acquire 314 acres of land in Klang for RM104.7mil, which would double its existing landbank. Stock Watch On MAHSING
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