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Wednesday, April 13, 2011

Mah Sing buys land

Mah Sing Group Bhd has signed a deal with nine parties to buy nine pieces of contiguous land in Tanjung Kupang, Johor Baru, for RM54.7 million.

It plans to develop an industrial park, dubbed Mah Sing i-Parc on the land as it is near the Port of Tanjung Pelepas and is located within the Iskandar Malaysia region.

It aims to build factories and shop offices with a gross development value of RM610 million, Mah Sing said in a statement.

By Business Times

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