Mah Sing sets up JV company to venture into industrial real estate development

KUALA LUMPUR: Mah Sing Group Bhd is setting up a joint venture (JV) company with The South Sea Capital Sdn Bhd (TSSC) to venture into industrial real estate properties development.

In a filing with Bursa Malaysia, Mah Sing said its wholly-owned subsidiaries, Nova Legend Development Sdn Bhd and Jastamax Sdn Bhd had entered into a shareholders’ agreement with TSCC to set up Mah Sing South Sea Industrial Development Sdn Bhd.