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PETALING JAYA: Mah Sing Group Bhd’s pre-tax profit surged 35.1% to RM56.2mil on the back of a revenue of RM413.3mil for the first quarter ended March 31,2021, compared with a pre-tax profit of RM41.6mil and revenue of RM371.1mil in the previous corresponding period.
The acquisition of Mah Sing Group Bhd’s latest parcel of land is expected to strengthen its development portfolio within the Klang Valley’s key growth corridors.
Mah Sing Group Bhd has acquired five acres of land in Mukim Setapak here for RM89mil for its M Astra mixed development project which will have a gross development value of about RM618mil.
KUALA LUMPUR: Mah Sing Group Bhd aims to achieve RM1.6 billion property sales this year by focusing on the affordable landed housing segment in line with the expected growth in the economy and projected recovery of purchasing power.
KUALA LUMPUR: Tashin Holdings Bhd is buying two pieces of land and buildings next to its factory in Perai, Penang for RM43.5mil in order to increase its production capacity to process slit coils, steel sheets and steel products
KUALA LUMPUR (Bernama): Former Sabah Infrastructure Development minister Datuk Peter Anthony’s case for alleged falsifying of documents will be heard at the Sessions Court here next month.
KUALA LUMPUR: Mah Sing Group Bhd will be developing a 100-acre leasehold land in Bandar Baru Salak Tinggi, comprising mainly affordable landed homes with a gross development value (GDV) of RM656mil.
PHNOM PENH, Oct 6 (AP): Cambodia’s government denied that its demolition of a US-funded facility at one of its naval bases is a signal that China will be granted basing privileges there, saying the work only involves planned infrastructure improvements.