RHB Investment Bank in a report yesterday said it was raising Mah Sing’s 2022 earnings marginally by about 1% to account for the incremental profits from M Senyum, the proposed affordable housing project that will be developed on the newly acquired land.
PETALING JAYA: Mah Sing Group Bhd
’s acquisition of a 100-acre piece of land in Sepang is set to boost the developer’s near-term sales performance and will have a limited impact on its balance sheet.
RHB Investment Bank in a report yesterday said it was raising Mah Sing’s 2022 earnings marginally by about 1% to account for the incremental profits from M Senyum, the proposed affordable housing project that will be developed on the newly acquired land.
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