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Thursday, April 15, 2010

Mah Sing Q1 sales more than triple: RHB

Mah Sing Group Bhd’s first-quarter sales more than tripled from a year earlier to RM516 million, helped by new Malaysian property launches, RHB Research Institute Sdn Bhd said.

The company is expected to sustain its sales in the coming quarters and its RM1 billion-sales target this year is “within reach,” RHB analyst Joshua Ng said in a report today.

By Bloomberg

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