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PETALING JAYA: Just as investors were getting more downbeat on the prospects of MK Land Holdings Bhd due to expectations of weaker earnings in the absence of meaningful new launches, “a shot in the arm of sorts” has come in the form of a land sale by the company.
Property Talk: A weekly column by S.C. Cheah.
BY empowering his people to set and achieve targets, MK Land executive chairman Tan Sri Mustapha Kamal has harnessed the commitment and synergy of his people to meet the group's goals.
MK LAND Holdings Bhd may be looking at brighter days again if its plans to restructure the group's operations and introduce a more impressive suite of higher-end property products showed results.
MK Land Holdings Bhd is leveraging on its strength as an established 'property supermarket' to launch a series of well planned and designed residential properties, including more upmarket landed homes in well-sought-after addresses.
MK Land Holdings Bhd is looking at ringing up better sales in the financial year (FY) ending June 30, 2006, with launches of high-end landed residential properties and new land acquisitions in prime locations.
Views from Tan Sri Mustapha Kamal, Datuk Seri Liew Kee Sin and Datuk Jeffrey Ng.
MK LAND Holdings Bhd, which has progressed into an established property supermarket, is confident of becoming one of the top 15 companies on the KLSE with a market capitalisation of RM6bil by 2007 from RM2.5bil now, said executive chairman Tan Sri Mustapha Kamal Abu Bakar.