Mah Sing group MD and group CEO Tan Sri Leong Hoy Kum (pic file) plans to make the group the country's premier lifestyle developer.
PETALING JAYA: Mah Sing Group Bhd
’s move to acquire two new plots of land and terminate two previous land deals will enable the developer to stay focused on the affordable housing segment as well as the Klang Valley property market.
RHB Research, which maintained a “buy” call on the counter, noted that the acquisition of both new land parcels would be funded by the company’s RM650mil perpetual bond raised earlier.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
