Mah Sing on strong financial footing


Mah Sing founder and group managing director Tan Sri Leong Hoy Kum.

PETALING JAYA: Mah Sing Group Bhd expects the residential property segment, as well as emerging opportunities in industrial developments and data centres, to bolster earnings in 2025.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the group entered the year with a strong unbilled sales pipeline of RM2.77bil, low net gearing of 0.22 times and cash and bank balances of RM747mil (as of Sept 30, 2024), which will ensure financial resilience and robust landbanking capability.

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