Mah Sing Group Bhd has partnered with the China Electronic Chamber of Commerce (CECC) to assist Chinese investors in setting up their manufacturing facilities in Malaysia and promoting Malaysia-China strategic partnerships.
Tanco Holdings Bhd seems to be turning over a new leaf. Going by the company’s recent announcements, the once debt-laden property company seems to be back on track to profitability, coupled with a clean balance sheet.
PETALING JAYA: The first post-budget Malaysian Property Expo (Mapex), organised by the Real Estate and Housing Developers’ Association of Malaysia (Rehda) in Johor from Nov 8 to 10 registered a lower turnout. There were fewer foreign attendees, compared to the previous event in May. According to Mapex organising chairman and branch deputy chairman KK Wong, there was a good crowd, although smaller than the last expo. “Now, most foreigners have adopted a ‘wait and see’ approach following the latest announcements in the recent budget, especially on the proposed price limit of RM1 million for foreign buyers,” he said. In addition to the hike in real property gains tax and the ban on the developer interest bearing scheme, Johor is set to increase the price limit and levy imposed on foreign purchasers. The levy is to be raised from the current RM10,000 to 2% of the sale price. Koh Moo Hing, branch chairman of Rehda Johor, believes that the Johor market in 2014 will continue to be s
KUALA LUMPUR, Jan 18 Mah Sing Group Bhd’s wholly-owned units, Supreme Springs Sdn Bhd and Legend Grand Development Sdn Bhd, have acquired two parcels of land with a.