Mah Sing close to developing RM3.3bil township


The property developer said the SPAs for the proposed acquisition of 202.34ha had become unconditional.

KUALA LUMPUR: Mah Sing Group Bhd has moved a step closer in its plan to develop an integrated township in Beranang, Selangor, with an estimated gross development value of RM3.3bil, following the fulfilment of the conditions precedent of the land sale and purchase agreements (SPAs).

In a filing with Bursa Malaysia yesterday, the property developer said the SPAs for the proposed acquisition of 202.34ha, where the township will be located, had become unconditional.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Matrade: Malaysia’s trade breaks RM3 trillion mark despite challenging global conditions
Swift Energy Tech subsidiary bags contracts worth RM18mil
Reneuco redesignates Mustakim Mat Nun to group MD
ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil
Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
Mitrajaya accepts RM42.81mil fourth variation order for data centre project
PJBumi acquires drilling rigs for RM162mil
Manforce secures Bursa approval for ACE Market IPO

Others Also Read