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Mah Sing to Make Maiden China Forray in RM2.1b Deal (1 viewing) (1) Guests
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TOPIC: Mah Sing to Make Maiden China Forray in RM2.1b Deal
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Mah Sing to Make Maiden China Forray in RM2.1b Deal 2 Years, 2 Months ago Karma: 3  
Extract from New Straits Times (03/12/09)...

Property developer Mah Sing Group Bhd said it will partner Chinese counterpart Danlong Realty (Beijing)Co Ltd to develop a US$620 million (RM2.1 billion) mixed property development project in Wujin, China. This will be its maiden property venture in China.

The news, which it announced in a filing to the stock exchange yesterday, helped its shares surge 6.9 per cent to close at RM1.85 yesterday. It was its highest close in about six weeks...

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