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63 million Johor acquisition, Mah Sing prepares to develop M Tiara 3.
Mah Sing Group. $MAHSING (8583.MY)$ Acquired a 59.12-acre piece of land in Johor for 62.98 million ringgit, continuing to expand their Johor business footprint.
Mah Sing Group stated in a press release that the land will be named M Tiara 3, to be developed into superimposed residence, with a total Gross Development Value (GDV) of 0.464 billion ringgit.
According to the initial plan, M Tiara 3 will be developed into a town project, which includes superlinked residences.
Tan Sri Leong Hoi Kin, the founder and Group Managing Director of Maxstar Group, said: "The demand for properties in Johor is rapidly growing, and this acquisition will provide a great opportunity for the Group to expand our presence in the area."
In addition, the government's priority focus on the new SBS Transit (RTS) project in Johor is expected to further stimulate the property market, coupled with the housing loan interest relief provided to first-time homebuyers by the government, easing the burden of property purchase.
"M Tiara has been well-received in previous projects, so we will continue to look for strategically significant land in the area for town development, the M series, and industrial projects."
This is Mars Group's third acquisition in Johor Bahru, where they previously acquired two parcels totaling 176.1 acres in April 2024 and June 2023.
Continuing to expand their presence in Johor.
The statement emphasizes that Johor is Mars Group's second location after the Klang Valley...
Mah Sing Group. $MAHSING (8583.MY)$ Acquired a 59.12-acre piece of land in Johor for 62.98 million ringgit, continuing to expand their Johor business footprint.
Mah Sing Group stated in a press release that the land will be named M Tiara 3, to be developed into superimposed residence, with a total Gross Development Value (GDV) of 0.464 billion ringgit.
According to the initial plan, M Tiara 3 will be developed into a town project, which includes superlinked residences.
Tan Sri Leong Hoi Kin, the founder and Group Managing Director of Maxstar Group, said: "The demand for properties in Johor is rapidly growing, and this acquisition will provide a great opportunity for the Group to expand our presence in the area."
In addition, the government's priority focus on the new SBS Transit (RTS) project in Johor is expected to further stimulate the property market, coupled with the housing loan interest relief provided to first-time homebuyers by the government, easing the burden of property purchase.
"M Tiara has been well-received in previous projects, so we will continue to look for strategically significant land in the area for town development, the M series, and industrial projects."
This is Mars Group's third acquisition in Johor Bahru, where they previously acquired two parcels totaling 176.1 acres in April 2024 and June 2023.
Continuing to expand their presence in Johor.
The statement emphasizes that Johor is Mars Group's second location after the Klang Valley...
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As a Moomoo user one should know that on the mobile app, it provides tons of features allowing new beginner to season veterans to make full use of the features and functions provided. You could literally do almost everything on the app.
In this post, I will be share some of the features I used most often in the Moomoo mobile app for me to keep track of my portfolio whenever I go after using the app for 3 years.
1) –Cus...
In this post, I will be share some of the features I used most often in the Moomoo mobile app for me to keep track of my portfolio whenever I go after using the app for 3 years.
1) –Cus...
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$Meta Platforms (META.US)$
Meta Platforms Q3 2024 earnings conference call is scheduled for October 30 at 5:00 PM ET /October 31 at 5:00 AM SGT /October 31 at 8:00 AM AEST. Subscribe to join the live earnings conference with management NOW!
Beat or Miss?
What do you expect from Meta Platforms' Q3 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
Disclaimer:
This presenta...
Meta Platforms Q3 2024 earnings conference call is scheduled for October 30 at 5:00 PM ET /October 31 at 5:00 AM SGT /October 31 at 8:00 AM AEST. Subscribe to join the live earnings conference with management NOW!
Beat or Miss?
What do you expect from Meta Platforms' Q3 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
Disclaimer:
This presenta...
Meta Platforms Q3 2024 earnings conference call
Oct 30 16:00
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After the recent listing of three main board companies, it is inevitable that the market's funds will be "divided", and one of the companies that has attracted a lot of investor attention is MEGAFB, which was listed at a PE valuation of 29.13 times (IPO price of RM0.670), of course, many investors also consider it expensive.
So, today we will focus on discussing the industry where MEGAFB is located - the security seals industry, the growth prospects of the company itself 📈, and finally talk about the valuation issue.
#Business Introduction
The so-called security seals are mainly used to 🛡️ protect items, and to see if the protected items have been opened without authorization during transportation, just like the cap of a soda bottle. Once opened, the plastic ring will definitely leave marks, 🤔 which is known as the "Tamper Evidence" term in this industry.
Generally speaking, security seals are also divided into 3 security levels, the highest level that requires a force of 10 kilonewtons ("kN") to open 🔝 , usually these security seals are mainly made of steel or alloy, mainly for protecting valuable items such as gold and firearms transportation.
What does 10 kN mean...
So, today we will focus on discussing the industry where MEGAFB is located - the security seals industry, the growth prospects of the company itself 📈, and finally talk about the valuation issue.
#Business Introduction
The so-called security seals are mainly used to 🛡️ protect items, and to see if the protected items have been opened without authorization during transportation, just like the cap of a soda bottle. Once opened, the plastic ring will definitely leave marks, 🤔 which is known as the "Tamper Evidence" term in this industry.
Generally speaking, security seals are also divided into 3 security levels, the highest level that requires a force of 10 kilonewtons ("kN") to open 🔝 , usually these security seals are mainly made of steel or alloy, mainly for protecting valuable items such as gold and firearms transportation.
What does 10 kN mean...
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Leading up to Budget 2025 on 18 October, the Ministry of Finance has released its pre-Budget statement, and other government ministries have put forward various proposals. JP Morgan highlights three key points that investors should pay attention to regarding the upcoming budget:
1. The 2025 budget is expected to remain prudent, with a tendency for development projects to involve private sector participation. Institutions antic...
1. The 2025 budget is expected to remain prudent, with a tendency for development projects to involve private sector participation. Institutions antic...
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Updated on October 29
This week, the Q3 earnings season is in full swing. During this critical period, investors can evaluate a company's operational performance through its earnings reports, which may lead to fluctuations in stock prices.
How can investors interpret earnings reports and find potential trading opportunities in volatile market conditions?
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Four-Step method to interpret earnings reports
Earni...
This week, the Q3 earnings season is in full swing. During this critical period, investors can evaluate a company's operational performance through its earnings reports, which may lead to fluctuations in stock prices.
How can investors interpret earnings reports and find potential trading opportunities in volatile market conditions?
Earni...
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