Mah Sing's M Adora Sales Gallery launching on July 16 2020 by Housing and Local Government minister Zuraida Kamaruddin at Wangsa Maju. With her are Mah Sing Group Bhd group managing director and fouder, Tan Sri Leong Hoy Kum (right) and Mah Sing CEO Datuk Ho Hon Sang. AZMAN GHANI / The Star
KUALA LUMPUR: Maybank Investment Bank Research (Maybank IB) has upgraded its outlook on Mah Sing Group Bhd
on the back of its new venture into healthcare-related products and potential policy-easing measures, which could lift buying interest in properties.
“We raise our target price to 64 sen and upgrade Mah Sing to tactical buy, ” said the research house. According to Maybank IB, Mah Sing is exploring growth opportunity in healthcare via its plastic division, which has its own team and is sepately operated from the property business.
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