Analysts are optimistic about the acquisition and the proposed M Cora mixed development.
PETALING JAYA: Mah Sing Group Bhd
’s RM51.8mil newly-acquired Penang land works out to about 9.8% of the project’s estimated gross development value (GDV), a level that sits comfortably within the group’s acceptable range.
Analysts are optimistic about the acquisition and the proposed M Cora mixed development, going by strong market response to the property developer’s recent launches in the state.
