News about MAH

KUALA LUMPUR (May 16): Wing Tai Malaysia Bhd returned to the black in the third financial quarter ended March 31, 2017 (3QFY17), posting a net profit of RM12.

PETALING JAYA (May 3): A total of 11 Rumah Selangorku projects, amounting to 2,820 units of affordable homes, will be completed by the end of this year, according to the Selangor Housing and Property Board (LPHS).

KUALA LUMPUR (May 5): Mah Sing Group Bhd today launched its two-month celebration cum sales campaign, which will see the group give away up to RM23 million worth of rewards to ease home ownership for its customers.

PETALING JAYA (May 5): The Bank of Maldives has put Mahadhdhoo Island in Gaafu Alifu Atoll, Maldives up for sale.

Property sector Maintain neutral: S P Setia Bhd has launched a differential sum loan scheme called Setia Express Advance Loan (SEAL), that offers purchasers of its properties lending rates as low as 5.

S P Setia Bhd (April 19, RM3.

PETALING JAYA (March 29): Mah Sing Group Bhd’s (Mah Sing) first RUMAWIP project, Residensi Seri Wahyu in Taman Wahyu, Kuala Lumpur has achieved 100% take-up rate within two hours for the 500 units launched today.

KUALA LUMPUR (March 28): Malaysia Airports Holdings Bhd (MAHB) and DRB-Hicom Bhd are expected to be the key beneficiaries from the government's recently launched Digital Free Trade Zone (DFTZ), said CIMB Research.

KUALA LUMPUR (March 27): Households that do not own a house and are still renting were estimated to number 1.

Property sector Maintain neutral: Although the value of residential loans approved, an indicator of property sales, fell 15% in 2016, four out of the seven developers in our coverage managed to grow their property sales by 3% to 77% in 2016.