KUALA LUMPUR: CIMB Equities Research is positive on Mah Sing Group’s move to increase its land bank while its gross development value (GDV) has increased by RM10bil this year to RM41bil including unbilled sales.
It said on Tuesday investors should continue accumulating Mah Sing. Among the larger-cap developers, Mah Sing is the only pure Malaysian property developer with exposure to the major property markets in Klang Valley, Johor, Penang and Sabah.
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