Mah Sing plans to set up IBS plant in Southville City

A 6% goods and services tax that will start in April 2015 is expected to result in higher property prices, Tan Sri Leong Hoy Kum, group managing director of Mah Sing, said in an interview yesterday. The company is targeting sales of RM3.6bil this year, he said.

PETALING JAYA: Mah Sing Group plans to set up a permanent Industrialised Building System (IBS) precast concrete plant in its township Southville City, KL South, in collaboration with potential partners from China.

The IBS plant is expected to produce a range of IBS components such as precast concrete panels, concrete slab columns, concrete wall panels and beams, among others.