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Mah Sing shareholders give nod to rubber glove venture

KUALA LUMPUR (Dec 21): Mah Sing Group Bhd’s shareholders have given the property developer the greenlight to diversify into rubber glove manufacturing through its subsidiary Mah Sing Healthcare Sdn Bhd.
In a virtual extraordinary general meeting (EGM) today, Mah Sing obtained 99.9962% of votes for the diversification plan to mitigate cyclical earnings from its property development division.
Mah Sing said in the statement the first six production lines of the glove manufacturing factory in Kapar, Klang are on track to be operational as planned in the second quarter of 2021 (2Q21), followed by another six lines, expected to be ready in 3Q21. The company expects a total annual capacity of up to 3.68 billion pieces. ....

Kuala Lumpur , Hong Kong , Sdn Bhd , Caryam Aruna , Leong Hoy Kum , Mah Sing Group Bhd , Mah Sing Healthcare Sdn , Mah Sing , Tan Sri Leong Hoy Kum , Meridin East , குவாலா லம்பூர் , ஹாங் காங் , ஸ்டன் ப்ட் , லியோங் ஹோய் கம் , மஹ் பாட குழு ப்ட் , மஹ் பாட சுகாதாரம் ஸ்டன் , மஹ் பாட , பழுப்பு ஸ்ரீ லியோங் ஹோய் கம் ,

Mah Sing, Panasonic, Bintai Kinden, KAB, Puncak Niaga, Greatech, RHB, Yi-lai, Supermax, Karex, ATA IMS, Fintec Global, Aeon Credit, Gamuda, Versatile Creative and Deleum

KUALA LUMPUR (Dec 21): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 22) may include: Mah Sing Group Bhd, Panasonic Manufacturing Malaysia Bhd, Bintai Kinden Corp Bhd, Kejuruteraan Asastera Bhd, Puncak Niaga Holdings Bhd, Greatech Technology Bhd, RHB Bank Bhd, Yi-Lai Bhd, Supermax Corp Bhd, Karex Bhd, ATA IMS Bhd, Fintec Global Bhd, Aeon Credit Service (M) Bhd, Gamuda Bhd, Versatile Creative Bhd and Deleum Bhd.
Mah Sing Group Bhd’s shareholders have given the property developer the greenlight to diversify into rubber glove manufacturing through its subsidiary Mah Sing Healthcare Sdn Bhd. In a virtual extraordinary general meeting today, Mah Sing obtained 99.9962% of votes for the diversification plan to mitigate cyclical earnings from its property development division. ....

Kuala Lumpur , Hong Kong , Malaysia General , United States , Kejuruteraan Asastera Bhd , Gamuda Bhd , Yi Lai Bhd , Deleum Bhd , Bintai Kinden , Deleum Primera Sdn Bhd , M Sdn Bhd , Petronas Carigali , Petronas Carigali Sdn Bhd , Sdn Bhd , Shah Alam , Teng Kam Kheong , Karex Bhd , Leong Hoy Kum , Maxter Healthcare Inc , Bank Bhd , Mah Sing Properties Sdn Bhd , Nusankota Development Sdn Bhd , Nusankota Development , Pwc Consulting Associatesm Sdn Bhd , Securities Commission Malaysia , Greatech Technology Bhd ,

Mah Sing mulls listing manufacturing division in Hong Kong

“As you know, [our manufacturing business comprises] the existing plastics and gloves, [which] we are also exporting, so this is quite a global market, so we are exploring listing in Hong Kong.” Mah Sing executive director Datuk Steven Ng.
KUALA LUMPUR (Dec 16): Mah Sing Group Bhd is considering listing its manufacturing division which includes its new rubber glove business in Hong Kong.
At a briefing today, Mah Sing executive director Datuk Steven Ng said the group is exploring the listing of its manufacturing division within the next five years.
“As you know, [our manufacturing business comprises] the existing plastics and gloves, [which] we are also exporting, so this is quite a global market, so we are exploring listing in Hong Kong,” Ng said. ....

Kuala Lumpur , Hong Kong , Leong Hoy Kum , Mah Sing Group Bhd , Mah Sing , Datuk Ho Hon Sang , Tan Sri Leong Hoy Kum , குவாலா லம்பூர் , ஹாங் காங் , லியோங் ஹோய் கம் , மஹ் பாட குழு ப்ட் , மஹ் பாட , பழுப்பு ஸ்ரீ லியோங் ஹோய் கம் ,

Developers with overseas exposure likely to do better in the medium term

Developers with overseas exposure likely to do better in the medium term
Kathy B.
© Provided by New Straits Times
An artist impression of Ki Residence by Sunway Property. Image sourced from sunwayproperty.com
Property developers with overseas exposure especially in China and Singapore will perform better in the medium term, and those involved in certain segments may outperform in the current market condition, says AmInvestment Bank.
The firm s head of equity research Joshua Ng said in a report today that developers like Sunway Bhd and IOI Properties Group Bhd are well-positioned and their property launches have been generally well-received both locally and overseas. ....

Kuala Lumpur , Brookvale Park , New South Wales , Peninsular Malaysia , Malaysia General , Australian Capital Territory , Sunway Bhd , Leong Hoy Kum , Sunway Group , Properties Group Bhd , Aminvestment Bank , Home Ownership Campaign , Bank Negara Malaysia , Hoi Hup Realty , Group Bhd , Parc Canberra , Park Avenue , Sunway Developments , Hoi Hup , Sunway Gardens , Tianjin Eco City Outlook , Mah Sing , Tan Sri Leong Hoy Kum , குவாலா லம்பூர் , ப்ரூக்வலே பூங்கா , புதியது தெற்கு வேல்ஸ் ,

Mah Sing diversification into glove manufacturing on track

Mah Sing diversification into glove manufacturing on track
For representational purposes only. – AFPPIX
PETALING JAYA: Mah Sing Group Bhd’s diversification into glove manufacturing remains on track as it has made progress on physical works for its manufacturing facility and regulatory approvals for the venture.
The group reiterated that the targeted April 2021 production date is on schedule, as the installation of glove dipping lines framework and structure is under way.
It anticipates six production lines to be completed in second-quarter 2021 (Q2’21) with an additional six production lines to be completed in Q3’21, translating to a maximum capacity of up to 3.68 billion pieces of gloves per annum. ....

Malaysia General , Leong Hoy Kum , Drug Administration , Malaysia Department , Mah Sing Group Bhd , Tan Sri Leong Hoy Kum , Mah Sing , மலேசியா ஜநரல் , லியோங் ஹோய் கம் , மலேசியா துறை , மஹ் பாட குழு ப்ட் , பழுப்பு ஸ்ரீ லியோங் ஹோய் கம் , மஹ் பாட ,