【MAHSING 8583 交流专区】马星集团

scsiang82

Monday September 29, 2008
Mah Sing to start first overseas project within two years


KUALA LUMPUR: Mah Sing Group Bhd expects its first overseas property project to start in the next year or two, group managing director Datuk Sri Leong Hoy Kum said.

Noting that the current tough economic period was an opportunity for the group, Leong said it was a good time for Mah Sing to do proper planning and explore countries like Vietnam, China, India and Indonesia.

With Vietnam’s market expected to recover in a year or two, Leong said Mah Sing was looking at both residential and commercial project development there.

“We are exploring. So once we decide on the right project, we may start in one or two years’ time,” he said on Saturday at the groundbreaking for Southgate Commercial Centre.

Southgate, Mah Sing’s third commercial development in Kuala Lumpur, is expected to be completed in 2011.

Leong said the company was in talks with several foreign parties on an en bloc sale of two of the five building blocks at Southgate. The interested parties include those from the Middle East, Singapore and South Korea. The group hopes to finalise negotiations by the year’s end.

Leong said the Southgate project was in a prime location with good accessibility and provided long-term investment opportunity for investors.

Meanwhile, the Southbay City project in Penang, which has a gross development value of RM911mil, is awaiting the final stage of approval and is expected to be launched by year’s end or early next year. — Bernama

http://biz.thestar.com.my/news/story.asp?file=/2008/9/29/business/2141836&sec=business

scsiang82

Mah Sing eyes more commercial developments in Sg Besi
By Jeeva Arulampalam Published: 2008/09/29


While the property developer wants to increase its landbank in Sungai Besi, it is not in a hurry to make a purchase

PROPERTY developer Mah Sing Group Bhd is keen to do more commercial developments in Sungai Besi, Kuala Lumpur, as the location is the latest commercial hub, says its top official.

Business Times was made to understand that there was still commercial industrial land in the vicinity that could be used for development although the total hectarage was not known.

"If the opportunity permits, we are definitely thinking of developing this area, riding on our branding and track record to expand further," group managing director and group chief executive Datuk Seri Leong Hoy Kum told reporters after the groundbreaking ceremony for Mah Sing's Southgate development, located along Jalan Sungai Besi, on Saturday.

While Mah Sing wants to increase its landbank in Sungai Besi, the developer is not in a hurry to make a purchase.

"Whatever land we buy, we want to ensure we look out for shareholder value and the market must be able to absorb the demand," Leong said.

On Southgate, en bloc sales for its Apex Block and Corporate Building are expected to be finalised by the year-end.

"We have interest from private investors and also equity funds because there are very few freehold land (areas) in Kuala Lumpur to buy," deputy chief operating officer Andy Chua said.

Interested parties include those from the Middle East, Singapore and South Korea.

The three remaining blocks of Southgate - Vox, Vivo and Verve - offer office suites and retail lots.

More than 80 per cent of Vivo has been taken up, while Vox and Verve are seeing about 50 per cent take-up each.

Chua said the rental yield was estimated to be eight per cent, but added that he expected it to increase because of growing demand for good freehold office space in Kuala Lumpur and the insufficient supply.

"Also, with construction cost going up, there will be good potential for capital appreciation in future," he said.

On Mah Sing's performance, Leong said it was on track to hitting its RM560 million sales target for the year.

"Having locked in unbilled sales of RM1 billion and another RM3 billion gross development value (on remaining projects), this can last us for the next five years even without our acquiring new land," he said.



http://www.btimes.com.my/Current_News/BTIMES/Monday/Frontpage/jms27.xml/Article/

scsiang82

Mah Sing plans overseas venture by 2010
Published: 2008/09/28


The economy in Vietnam should recover in a year or so, as such it is looking at residential and commercial developments there, says Mah Sing group chief executive

PROPERTY developer Mah Sing Group Bhd will begin its first international project within two years, says its top official.

Although overall, Asian economies have slowed, Mah Sing said it was the best time for the developer to plan and explore markets such as Vietnam, China, India and Indonesia.

"Once we find the right project, we may start in one or two years. The economy in Vietnam should recover in a year or so. Therefore, we are looking at residential and commercial developments in Vietnam," Mah Sing group managing director and group chief executive Datuk Seri Leong Hoy Kum said.

Business Times had previously reported that the developer was looking at a RM1 billion township project with a local partner in Vietnam.

Leong did not rule out the possibility of carrying out industrial developments as well.

"We can even put up an industrial park in Indonesia. But we are market-driven and will cater for what the market needs," he said.

http://www.btimes.com.my/Current_News/BTIMES/Monday/Frontpage/jms1.xml/Article/

ThermoFisher

馬星集團獲歐銀3獎

（吉隆坡29日訊）馬星集團（MAHSING，8583，主板產業）在英國財經雜誌《歐銀》（Euromoney）“2008 Liquid Real Estate”頒獎典禮上連掃3獎，並奪得“大馬最佳房屋發展商”大獎。

看好越中印

馬星集團發表文告指出，除了大獎，公司也被選為國內“最佳商業房地產發展商”及“最佳綜合型房地產發展商”。

馬星集團董事經理拿督斯里梁海金在文告中指出，此獎項是根據全球同行業者作為評審標準，因此獲獎證實公司實力。

此外，報導指出，馬星集團計劃2年內進軍首個海外市場。

儘管亞洲經濟發展放緩，惟馬星集團認為，目前是發展商計劃及開拓海外市場如越南、中國、印度及印尼的好時機。

梁海金說：“越南經濟料在1年內轉好，屆時馬星集團將在當地發展綜合房地產，一旦鎖定合適的發展計劃，將在1至2年內開始發展。”

另一方面，馬星集團計劃在吉隆坡新街場開發更多商業房地產。

scsiang82

Mah Sing: New launches to proceed as planned
By Sharen Kaur Published: 2008/10/06


Mah Sing Properties chief operating officer believes the market will improve as oil and steel prices appear to be falling

DEVELOPER Mah Sing Group Bhd is taking a bold step in launching new medium to high-end houses and a commercial development worth over RM1.3 billion by 2010.

It currently has 10 ongoing projects in Kuala Lumpur, Penang and Johor on its plate, which will keep it busy for the next five years.

Mah Sing Properties Sdn Bhd chief operating officer Ng Heng Phai believes the market will improve as oil and steel prices appear to be falling.

The global oil price has fallen to about US$92 (RM320) per barrel from US$120 (RM418) more than a month ago while steel is doing RM3,600 per tonne from RM4,100 per tonne some four months earlier.



From now till the end of 2010, Mah Sing will launch four projects - three residential and one commercial. They are Legenda @ Southbay featuring three and four storey resort bungalows and Southbay City, a commercial development, both in Penang; One Residence in Cheras comprising triple-storey bungalows; and Sri Pulai Perdana 2 township in Johor.

"We will go with the launch as they were pre-planned earlier. It will be profitable as we have taken mitigating measures to overcome rising cost of construction," Ng told Business Times.

He said the gross development value (GDV) from the projects will be realised over five to seven years.

"Southbay City, which will command a GDV of RM911 million and located in Batu Maung, will be an exciting project as it will feature two hotels, serviced apartments, shop offices and retails. We target to launch it at the end of 2009," Ng said.

He said Mah Sing will also continue to launch new phases within its 10 developments.

As at June 30 2008, it had a landbank of 232.5ha which will yield a GDV of RM2.9 billion, derived from the new and existing projects.

http://www.btimes.com.my/Current_News/BTIMES/Industries/Property/MSIN-2.xml/Article/

sato28

谁有 Mahsing的技术分析？

MostWanted

为什么有人在1.53这个价位一直顶着????

傻人最有傻福

产业领域长期正面

此外，大马房地产业能获得的正面效应还包括：

一、商业大楼的素质及种类获改善；

二、交易活动能带动资本增值；

三、房地产管理服务提升，将带来更高的租赁率。

分析员解释，外资一般注入具休闲概念的高档产品，但我国位于金三角区的“A”级产品，却还未达国际标准；放宽条例将刺激需求及租赁回酬，这有助改善素质。

分析员说，吉隆坡黄金地段的租用回酬平均为8％至9％，新加坡及香港为2％至4％，这意味我国有更高的资本增值潜能。

“因此，若政府放松外资房地产拥有权，料外资将大批涌入，这能抵消资金流出的问题，并减缓经济因出口销量减低而面对的冲击。”

该行建议买入拥有商业发展的房地产公司，包括：城中城产业（KLCCP，5089，主板产业股）、实达建筑（SPSetia，8664，主板产业股）、马星集团（MAHSING，8583，主板产业股）、依恩奥（E&O，3417，主板产业股）及汇华（Hunza，7029，二板消费产品股）。

傻人最有傻福

展延推出2亿产业计划 马星盈利预测调降20％

（吉隆坡23日讯）由于产业市场陷入疲软，马星集团（MAHSING，8583，主板产业股）决定展延推出总值2亿零800万令吉的新产业计划，分析员因此将2009至2010财年的每股盈利预测调降20％。

丰隆研究的报告指出，决定展延的产业计划为Hijauan Residence的Garden Villa及Legenda Southbay，原定是在2008财年推介，目前则是延期至2009财年。

积极进行土地收购

截至今年第三季，总值4亿3500万令吉的产业推介取得90％的认购率，另有1亿8300万令吉及2亿9800万令吉的产业，将在今年杪及明年上半年正式推介。

“另外，马星集团目前正积极进行收购土地计划，管理层也设下在5年内将销售量提高3倍至15亿令吉的宏愿，努力探寻海外业务发展，以为销售增长带来30至40％贡献。”

不过，尽管面临不理想的产业市场环境，但分析员也看好马星集团快速推介产业的商业模式。

根据过去的经济放缓经验，预测市场将在2010下半年复苏，最佳的购地时间则会是明年中旬。

“较低的资产负债比率及较高的未入账销售，除了让马星集团能够度过市场放缓的难关，也能寻求机会收购土地。”

另一方面，该公司管理层也相信，其柔佛的计划将不会受到新加坡经济放缓的直接影响，因为当地的购买者大都属于柔佛居民，有能力承担20万至30万令吉的排屋购买。

由于外国持有股权从32％减少至25％，导致马星集团股价较去年下半年最高点下滑了36％。

分析员维持该公司“买入”投资评级，目标价格则为1.80令吉。

jackphang

想澄清，本人有股票在马星里头，所以残渣了主观意识在里头，所以希望大家见谅。

马星设立了宏远，所以，我们就需要有心理准备，在未来的5年里头，马星会积极提高leveraging ratio，借贷来购地。

马星开始转变是在2003年，它开始进军中高房地产，而在今年（5年内）变成了大马数一数二的房地产发展商。这除了归功于老板精打细算的本领，也和他本人对房地产热诚略知一二（1994年开始从塑胶业转变成房地产，是需要很大的勇气的）。

未来的发展应该是走向区域。而我到现在为止还没有机会等到它的股价滑落到RM1.00以下，这是一件反常的事情，可能和该老板最近脱售《5%股权有关（可能进行护盘行动）。这是因为我从来没有（自2003年）看过马星老板显著减少它的股权。

可能我们在未来的几年内可以看到它的进展。

p/s: 股价已经不重要了，最重要的是，我们可以了解自己多少，而且可以忘记过去的成见。比如：我们喜欢苹果，不代表以后就非要吃苹果不可，还是可以喜欢吃其他水果，只要达到身体健康的目的就可以了。

8years

个人意见，mahsing股价太高了，如果可以应该卖了买进其他股。

sato28

本人也这么认为。。。

釜头帮

马星最近很多小动做。
他跟那吉管理的FELDA马来基金有不少合作。

SUBSCRIPTION OF SHARES IN ULTIMATE FACTOR SDN BHD  

SUBSCRIPTION OF SHARES IN ULTIMATE FACTOR SDN BHD
The Board of Directors of Mah Sing Group Berhad (“Mah Sing”) wishes to announce
that Mah Sing has on 5 November 2008, subscribed 700,000 ordinary shares of
RM1.00 each fully paid up (“Subscription”) for cash at par in Ultimate Factor
Sdn Bhd (“Ultimate Factor”), representing 70% of the total issued and paid up
share capital of Ultimate Factor.

Ultimate Factor is a private limited company incorporated in Malaysia under the
Companies Act, 1965 on 17 August 2007, with an authorised share capital of
RM5,000,000.00 comprising 5,000,000 ordinary shares of RM1.00 each, of which
1,000,000 have been fully issued and paid up. Ultimate Factor is presently
dormant. The Subscription is to provide Mah Sing with a dormant company
intended for future expansion in its core business of property development.

None of the Directors or substantial shareholders of Mah Sing, or persons
connected with them has any interests, direct or indirect, in the Subscription.

This announcement is dated 5 November 2008.

大废材

MAHSING一直给人顶在高价位，
好象有点不寻常。。。

三年一番

如果买进另外一粒产业股,mkland 现在才0.15,如果长期拥有可以吗?

大废材

MKLAND已经变成烂臭股了！！

傻人最有傻福

原帖由 三年一番 于 6-11-2008 06:39 PM 发表
如果买进另外一粒产业股,mkland 现在才0.15,如果长期拥有可以吗?

要小心.....祝你好运

傻人最有傻福

Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Reference No MS-081106-51868

Company Name	:	MAH SING GROUP BERHAD
Stock Name	:	MAHSING
Date Announced	:	06/11/2008

Name	:	Amanah Raya Nominees (Tempatan) Sdn. Bhd. - Skim Amanah Saham Bumiputera
Address	:	Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur
NRIC/Passport No/Company No.	:	434217U
Nationality/Country of incorporation	:	Malaysia
Descriptions (Class & nominal value)	:	Ordinary shares of RM0.50 each
Name & address of registered holder	:	AmanahRaya Nominees (Tempatan) Sdn. Bhd. - Skim Amanah Saham Bumiputera,Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur

Details of changes
Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	30/10/2008	402,800

Circumstances by reason of which change has occurred	:	Purchase of shares
Nature of interest	:	Direct
Direct (units)	:	51,249,551
Direct (%)	:	8.182
Indirect/deemed interest (units)	:
Indirect/deemed interest (%)	:
Total no of securities after change	:	51,249,551
Date of notice	:	30/10/2008

大废材

好股这么多，为何偏偏选烂臭股？！
而且不是单纯的只想炒作，
而是要拿来收？？！！

三年一番

但如果持有两三年呢？