【MAHSING 8583 交流专区】马星集团

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Type	Announcement
Subject	OTHERS
Description	Acquisition of A New Subsidiary
The Board of Directors of Mah Sing Group Berhad (“Mah Sing”) wishes to announce that Mah Sing had on 21 November 2014 acquired the entire issued and paid-up share capital of Octland Property Management Sdn Bhd (“Octland”), a private limited company incorporated in Malaysia under the Companies Act, 1965 on 23 October 2014, with an authorised share capital of RM400,000.00 comprising 400,000 ordinary shares of RM1.00 each, of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up, for cash consideration of RM2.00 (“Acquisition”). THAT pursuant to the Acquisition, Octland will become a wholly-owned subsidiary of the Company. Octland is presently dormant and its intended business is property management. None of the Directors and/or substantial shareholders of Mah Sing and persons connected to them have any interests, direct or indirect, in the Acquisition. This announcement is dated 21 November 2014.

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瑞信：產業股首選‧馬星“價廉屋美”

2014-11-30 09:56      
（吉隆坡28日訊）儘管大馬產業市場今年挑戰重重，但瑞士信貸研究指出，馬星集團（MAHSING,8583,主板產業組）專注於可負擔房產，加上盈賺能力高，可說是大馬最“價廉屋美”的大型資本發展商。

該行認為，目前，馬星只以2015年盈利的10.1倍本益比交易，相對於競爭對手的逾15倍水平，可說是非常廉宜。

“我們相信，馬星現有的地庫擁有良好的發展潛能，同時，其價格定位和混合發展的概念，將在當前艱巨環境下具有最高韌性。”

瑞士信貸給予馬星加碼評級，目標價為2令吉90仙，約仍有26.6%的上升空間；風險則是大馬房市進一步敗壞，且該公司激進的地庫購買策略，或需進一步籌資。

“馬星以迅速扭轉的商業模式，快速釋放土地價值見稱，該公司一般在完成土地收購後的9個月內推出產業發展，儘管旗下的土地資源比同行較少，不過，依然取得相當高的產業銷售業績。”

2007年至今，馬星的產業銷售開始倍增，在2007至2013年之間，平均累積成長率為27%，不過，由於市場基本面較弱，2013至2016年，預料新的產業銷售計劃，平均累積成長率在13%之間，該公司不久前在巴生河流域和柔佛的土地收購，以及推出新產業計劃為業績主要推動力。

過去2年，馬星以12億令吉，總共收購2千687英畝的土地，產業計劃的發展總值為266億令吉，意味土地成本只是發展總值的7.7%，2009年至今，馬星的市值已成長2.7倍，銷售業績成長4.9倍，凈盈利則為3.7倍。

談及整體房產市場，瑞士信貸指出，大馬政府今年陸續推出打房政策，發展商在嚴峻的市場下運作，原本預期2014下半年需求較為強勁，可是，貸款批准程序比較嚴格，導致買家難以獲取融資貸款。

“信貸嚴謹、基本面疲弱，預估2015年的消費稅實施後，料將影響需求的實力，可能打擊產業市場的吸購率。”

旗下房產認購率不俗

不過，該行在遭低估產業股當中尋求投資潛能股時，看中其在策略地點發展可負擔房產的特質；今年上半年，該公司旗下100萬令吉以下的產業，認購率保持72%至76%之間，而超過100萬令吉的房屋，認購率則介於55%至56%。

此外，該公司盈利能見度最高，未入賬銷售是最新營收的2倍，因而，該行將馬星列為產業股首選。（星洲日報／財經‧報道：鄭碧娥）

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马星亚庇购地期限延长

财经新闻 财经  2014-12-03 11:02
（吉隆坡2日讯）针对在沙巴收购地皮发展权，马星集团（MAHSING，8583，主板产业股）发文告指，目前仍在与地主洽谈延长期限，让后者有更多履行责任的时间。

一旦完成，集团将会发布文告。

在这之前，集团已经和地主连续2次同意延长协议期限。

去年5月，马星集团与会展城市发展私人有限公司沙巴基金（Yayasan Sabah）签署发展协议，取得8.33英亩的黄金商业地段发展权，代价是1亿6300万令吉。

集团将把该地皮，发展成亚庇会展城（KKCC），潜在发展总值可达20亿令吉。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MAH SING GROUP BERHAD (“MAH SING” OR “COMPANY”) PROPOSED DEVELOPMENT OF A PARCEL OF PRIME LAND ALONG THE COASTAL HIGHWAY, ADJACENT TO THE UPCOMING SABAH INTERNATIONAL CONVENTION CENTRE IN KOTA KINABALU, SABAH MEASURING APPROXIMATELY 8.33 ACRES (“PARCEL A”) WITH AN OPTION TO DEVELOP ANOTHER 5.95 ACRES, BY MAH SING’S SUBSIDIARY, CONVENTION CITY DEVELOPMENT SDN BHD AND YAYASAN SABAH FOR A CASH CONSIDERATION OF RM163 MILLION (“PROPOSED DEVELOPMENT”)
Unless otherwise defined in this announcement, the terms used throughout this announcement shall have the same meaning as defined in the announcement dated 29 May 2013. Further to our earlier announcements dated 29 May 2013, 15 November 2013 and 27 May 2014 in relation to the Proposed Development, the Board of Directors of Mah Sing wishes to announce that the parties are currently in discussions on an extension of time to enable the Landowner to perform the Landowner’s Obligations. Once finalised, the Company will make the necessary announcement. This announcement is dated 2 December 2014.

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Type	Announcement
Subject	OTHERS
Description	Acquisition of A New Subsidiary
The Board of Directors of Mah Sing Group Berhad (“Mah Sing”) wishes to announce that Mah Sing had on 15 December 2014 acquired the entire issued and paid-up share capital of Idealvista Development Sdn Bhd (“Idealvista”), a private limited company incorporated in Malaysia under the Companies Act, 1965 on 27 November 2014, with an authorised share capital of RM400,000.00 comprising 400,000 ordinary shares of RM1.00 each, of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up, for cash consideration of RM2.00 (“Acquisition”). Pursuant to the Acquisition, Idealvista will become a wholly-owned subsidiary of the Company. Idealvista is presently dormant. The Acquisition is to provide the Company with a dormant company intended for future expansion of its core business in property development. None of the Directors and/or substantial shareholders of Mah Sing and persons connected to them have any interests, direct or indirect, in the Acquisition. This announcement is dated 15 December 2014.

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马星委Topotels经营Meridin酒店

财经新闻 财经  2014-12-18 07:39
（吉隆坡17日讯）马星集团（MAHSING，8583，主板产业股）与Topotels公司签署意向书，委任后者成为新山Meridin酒店的营运者。

马星集团子公司MeridinHospitality宣布，委任Topotels公司营运及管理Meridin酒店。

此意向书是由马星集团总执行长吴彩荣，和大马Topotels营运董事布莱恩所签署。

在场见证者，包括马星集团董事经理丹斯里梁海金和大马Topotels董事拿督陈荣洲局绅。

Meridin酒店是由两栋27层楼的建筑物组成，其中包括单房式套房、一及两房卧室套房。这也是该公司在美丽苑@美迪尼（The Meridin@Medini）的第二期发展项目。

2017年开张

布莱恩乐观看待该酒店，将成为海内外商业及休闲旅游者的首选住宿。

“酒店提供约600间房，且已装置高品质家具及设备，2017年会全面营运，届时可优化入住者的体验。”

吴彩荣表示，与Topotels合作乃互利互惠，因后者旗下管理许多名誉佳的酒店，包括巴厘岛水明漾（Seminyak）的Ramada Ebncore、马六甲的The Straits Hotel & Suites等。

梁海金说，美丽苑@美迪尼地理位置优越，毗邻人潮多的乐高乐园，因此乐观看待市场对Meridin酒店的需求。【南洋网财经】

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马星：令吉油价双低有利產业领域

财经  2015年01月07日
（吉隆坡7日讯）对於近期油价大跌，及令吉匯率持续走贬，马星集团（MAHSING，8583，主板產业股）董事经理兼首席执行员丹斯里梁海金认为，这对產业领域而言，其实是有利的。

他指出，令吉贬值將让大马的產业显得更具吸引力，有助於提振外国买家的购兴。

令吉週三一度下跌至1美元兑3.64令吉，创下2009年4月24日新低。

梁海金指出，「巴生谷、柔佛、檳岛的產业项目有最多外国买家参与，此外，沙巴也是外资喜爱的地点。我们认为，令吉贬值有助於提振这些地区高档房產项目的销售，吸引外国投资者。」

另外，国际油价下跌也间接为產业领域带来正面效应，「油价走跌將促使建筑材料价格下跌，建筑成本將会减少，这將可以稍微抵消今年次季消费税（GST）实行之后，成本上涨的衝击。」

布伦特原油价格週三尾盘跌破每桶50美元。

针对今年4月实行的消费税对產业市场带来的影响，他相信市场会有数个月的调整期，但需求量隨后將逐渐回温。

他在週三出席该公司股东特大后的记者会上发表有关的谈话。其他出席者包括，马星集团首席执行员吴彩荣、企业与投资执行董事拿督黄宝成、以及业务执行董事拿督林贵富。

马星集团在今天的特大上通过多项议案，包括收购位於蒲种市中心，总面积88.7英亩的土地，总值6亿5690万令吉；以及配售附加股集资6亿3000万令吉，作为收购地皮及產业发展资金，並以4送1比例发送红股。

配合发股计划，该集团也建议註册股本由10亿令吉，提高至25亿令吉。

马星集团认为，集团营运模式仍属健康，配售附加股也是为了將负债率维持在0.5倍以下。目前马星集团的负债率为0.37倍，黄宝成表示，「高达51亿的未入账销售预计將会在未来2至3年內认列，减低负债率。」

50亿未入帐销售

目前，该集团未入帐销售高达50亿5600万令吉，凈发展价值（GDV）则达到660亿令吉，而2014財政年首9个月產业销售额为25亿令吉。

马星集团未来依然会以建造可负担房屋为主，黄宝成表示，今年新推出的產业有84%售价低於100万令吉，其中大部份低於70万令吉，符合政府的方针。

「在买家中，多达70%为40岁以下的群眾，其中多为首次购屋者。」梁海金表示，在市场对可负担房屋的需求增加下，预计將可以带动今年销售成长至少34亿令吉。

马星集团2014財政年推出產业的凈发展价值为40亿令吉，2015財政年预计会超越这个数字，计划推出4个新產业项目。「在上半年中预计推出3个项目，其中凈发展价值为50亿令吉，位於依斯干达的Bandar MerindinEast项目，总面积为1352英亩。」

另外，在上半年即將推出的项目也包括位於万挠的M Residence3，凈发展价值为5亿2000万；位於檳城的Icon Residence，总值2亿8000万令吉。此外，下半年也將推出位於梳邦的Star Residence，总值1亿5500万令吉。【东方网财经】

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梁海金认购34.6% 3银行包销马星附加股

财经新闻 财经  2015-01-13 11:27
（吉隆坡12日讯）马星集团（MAHSING，8583，主板产业股）今日与3家投资银行，签署附加股包销合约。

文告显示，马星集团董事经理兼总执行长丹斯里梁海金，今日与联昌国际投行副总执行长拿督龚瑞玲、马银行投行总执行长章荣泉，以及艾芬黄氏投行董事经理麦末娜，签署上述合约。

筹6.3亿拓展

当中，联昌国际投行和马银行投行，将担任联合管理包销商和联合包销商，而艾芬黄氏投行则是联合包销商。

梁海金也已行使权利，认购了34.6%的附加股，其余股量则交由上述3家投行包销。

去年11月20日，马星集团宣布发行附加股和送凭单，预计筹集高达6亿3000万令吉，用作购地、产业发展和营运资本用途。

上述附加股发售价定在每股1.42令吉，享有期定在本月26日；凭单行使价则为2.63令吉。【南洋网财经】

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES
Description	I. PROPOSED RIGHTS ISSUE WITH WARRANTS; II. PROPOSED BONUS ISSUE; AND III. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL AND PROPOSED AMENDMENT
(The abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 20 November 2014, unless otherwise stated. The Proposed Rights Issue with Warrants is hereinafter referred to as the “Rights Issue with Warrants”.) We refer to, among others, the announcement dated 20 November 2014 in relation to the Proposals.   On behalf of the Board of Mah Sing, CIMB wishes to announce the following: (i)  that the Issue Price has been fixed at RM1.42 per Rights Share at an entitlement basis of 3  Rights Shares for every 10 existing Mah Sing Shares held by the Entitled Shareholders as at an entitlement date to be determined and announced (“Entitlement Date”); (ii) that the entitlement basis for the Warrants had been fixed as 3 Warrants for every 10 Rights Shares subscribed for by our Entitled Shareholders; and (iii) that the exercise price of the Warrants had been fixed at RM2.63 for each Warrant. The Issue Price of RM1.42 per Rights Share represents a discount of 37.7% to the 5-day volume weighted average market price of Mah Sing Shares up to 8 January 2015 of RM2.28 (“5-day VWAMP”) and 31.7% to the theoretical ex-rights price of Mah Sing Shares of RM2.08 (“TERP”) based on the 5-day VWAMP. The exercise price of RM2.63 for each Warrant represents a premium of 26.4% to the TERP.   To facilitate the price fixing, Mah Sing has obtained written undertaking letters from the holders of the Convertible Bonds not to convert their Convertible Bonds from the Price-fixing Date to the Entitlement Date. Based on the issued and paid-up share capital as at 9 January 2015, the Rights Issue with Warrants will involve the issuance of up to 442,882,936 Rights Shares to raise gross proceeds of up to RM628,893,769.12, and the issuance of up to 132,864,880 Warrants to raise gross proceeds of up to RM349,434,634.40, assuming full exercise of the Warrants. However, the final gross proceeds to be raised from the Rights Issue with Warrants will be dependent on the issued and paid-up share capital to be determined on the Entitlement Date. Mah Sing intends to announce the Entitlement Date within one week, subject to the underwriting agreement being finalised. This announcement is dated 9 January 2015.

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EX-date	22/01/2015
Entitlement date	26/01/2015
Entitlement time	05:00:00 PM
Entitlement subject	Rights Issue
Entitlement description	Renounceable rights issue of 442,882,936 new ordinary shares of RM0.50 each in Mah Sing Group Berhad (“Mah Sing”) (“Mah Sing Shares”) (“Rights Shares”) together with 132,864,880 free detachable warrants (“Warrants”), subject to the issued and paid-up share capital of Mah Sing as at 5.00 p.m. on 26 January 2015 (“Entitlement Date”), on the basis of 3 Rights Shares for every 10 existing Mah Sing Shares held and 3 Warrants for every 10 Rights Shares subscribed for by entitled shareholders on the Entitlement Date (“Entitled Shareholders”), at an issue price of RM1.42 per Rights Share (“Rights Issue with Warrants”)
Period of interest payment	to
Financial Year End
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel. no.: +603 2264 3883 Fax no.: +603 2282 188
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	26/01/2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Ratio
Ratio	3 : 10
Rights Issues/Offer Price	1.42

Despatch Date	28/01/2015
Date for commencement of trading of the rights	27/01/2015
Date for despatch of abridged prospectus and subscription forms	28/01/2015
Date for cessation of trading of the rights	05/02/2015
Date for announcement of final subscription result and basis of allotment of excess Rights Securities	17/02/2015
Listing date of the Rights Securities	26/02/2015

Last date and time for	Date	Time
Sale of provisional allotment of rights	04/02/2015	at	05:00:00 PM
Transfer of provisional allotment of rights	09/02/2015	at	04:00:00 PM
Acceptance and payment	12/02/2015	at	05:00:00 PM
Excess share application and payment	12/02/2015	at	05:00:00 PM

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EX-date	22/01/2015
Entitlement date	26/01/2015
Entitlement time	05:00:00 PM
Entitlement subject	Others
Entitlement description	Adjustment to the number of outstanding 2013/2018 warrants of Mah Sing Group Berhad (“Mah Sing”) , constituted by a deed poll dated 18 February 2013 (“Warrant B Deed Poll”) and expiring on 18 March 2018 (“Warrant B 2013/2018”) and the exercise price for the Warrant B 2013/2018 made in accordance with the provisions under the Warrant B Deed Poll consequential to a renounceable rights issue of 442,882,936 new ordinary shares of RM0.50 each in Mah Sing (“Mah Sing Shares”) (“Rights Shares”) together with 132,864,880 free detachable warrants (“Warrants”), subject to the issued and paid-up share capital of Mah Sing at 5.00 p.m. on 26 January 2015 (“Entitlement Date”), on the basis of 3 Rights Shares for every 10 existing Mah Sing Shares held and 3 Warrants for every 10 Rights Shares subscribed for by the entitled shareholders of Mah Sing as at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”), at an issue price of RM1.42 per Rights Share (“Rights Issue with Warrants”)
Period of interest payment	to
Financial Year End
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel. no.: +603 2264 3883 Fax no.: +603 2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	26/01/2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Ratio
Ratio	3 : 10
Rights Issues/Offer Price

Remarks :

On 12 January 2015, the Notice of Book Closure has been separately announced for the Rights Issue with Warrants. The holders of Warrant B 2013/2018 who do not exercise their Warrant B 2013/2018 and subsequently whose names appear in the Register of Warrant B holders by 5.00 p.m. on 26 January 2015 (being the Entitlement Date) shall accordingly be entitled to the Adjustments (as defined below). Effective on 27 January 2015 (being 1 market day after the Entitlement Date), the number of outstanding Warrant B 2013/2018 and the exercise price for such Warrant B 2013/2018 shall be adjusted in accordance with the provisions under the Warrant B Deed Poll (“Adjustments”). Holders of Warrant B 2013/2018 whose names appear in the Record of Depositors for Mah Sing for Warrant B 2013/2018 at 5.00 p.m. on 26 January 2015 will be entitled to receive the additional Warrant B 2013/2018 arising from the Adjustments. Pursuant to the Adjustments, for illustrative purposes, holders of outstanding Warrant B 2013/2018 holding 1,000 outstanding Warrant B 2013/2018 will have the exercise price of the outstanding Warrant B 2013/2018 adjusted from RM1.98 per warrant to RM1.80 per warrant and the number of outstanding Warrant B 2013/2018 adjusted to 1,095 outstanding Warrant B 2013/2018 from the existing 1,000 outstanding Warrant B 2013/2018 held. The additional Warrant B 2013/2018, as a result of the Adjustments, shall be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 26 February 2015. A notification to the Warrant holders setting out the details of such Adjustments will be despatched to the Warrant Holders in due course. This announcement is dated 21 January 2015.

---

Announcement Info

Company Name	MAH SING GROUP BERHAD
Stock Name	MAHSING-WB
Date Announced	21 Jan 2015
Category	Entitlements (Notice of Book Closure)
Reference No	MM-150121-34506

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附加股憑單計劃除權 馬星集團稀釋效應不顯著

財經股市22 Jan 2015 23:00
（吉隆坡22日訊）馬星集團（MAHSING，8583，主要板房產）每10股配3附加股，以及10附加股送3憑單計劃在今日除權，至于每4股送1紅股建議料在次季公布詳情，並在第3季除權。

馬星集團的附加股轉換價為1.42令吉，憑單轉換價達2.63令吉，截止日期落在2020年。

聯昌證券研究指出，該公司發行附加股的稀釋效應不顯著，並有強勁長期成長前景抵消，而且該公司會積極增設地庫。

上述企業活動所得6億3000萬令吉資金，讓馬星集團可有額外提升資產負債表10億令吉空間，同時將負債股權比率（debt-to-equity ratio）維持在0.5倍。這有助公司保留國內領先發展商地位，附送憑單和建議發紅股則可獎勵股東。

報告建議投資者繼續累積馬星集團股票，並給予“增持”投資評級，目標價下修至2.49令吉。該公司在2014年新銷售達34億3000萬令吉，按年漲14%。在政府打房措施影響市場需求、其他發展商面臨銷售下跌之際，該公司的成長表現值得一提。

馬星集團在今年設下至少34億3000萬令吉新銷售目標，而且增購地庫時機良好，因地主售價或更合理。

另廂，馬星集團早盤以2.15令吉開市，休市掛2.11令吉，起6仙；閉市收在2.06令吉，起1仙，成交量147萬9400股。【中国报财经】


附加股籌得6.3億‧馬星長期盈利走俏
2015-01-23 17:01
http://biz.sinchew.com.my/node/109322?tid=18



马星附加股降负债率 可再贷款10 亿供购地
财经新闻 财经  2015-01-28 12:07
http://www.nanyang.com/node/678092?tid=462

icy97

Type	Announcement
Subject	OTHERS
Description	Acquisition of A New Subsidiary
The Board of Directors of Mah Sing Group Berhad (“Mah Sing”) wishes to announce that Mah Sing had on 26 January 2015 acquired the entire issued and paid-up share capital of Fusion Heights Development Sdn Bhd (“Fusion Heights”), a private limited company incorporated in Malaysia under the Companies Act, 1965 on 2 December 2014, with an authorised share capital of RM400,000.00 comprising 400,000 ordinary shares of RM1.00 each, of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up, for cash consideration of RM2.00 (“Acquisition”). Pursuant to the Acquisition, Fusion Heights will become a wholly-owned subsidiary of the Company. Fusion Heights is presently dormant. The Acquisition is to provide the Company with a dormant company intended for future expansion of its core business in property development. None of the Directors and/or substantial shareholders of Mah Sing and persons connected to them have any interests, direct or indirect, in the Acquisition. This announcement is dated 26 January 2015.

alfredmsae

can someone explain me Mahsing OR. got due date holding?

icy97

馬星賽城Garden Plaza 總值4.4億3月底竣工

財經11 Feb 2015 17:09
（吉隆坡11日訊）馬星集團（MAHSING，8583，主要板房產）為發展總值達4億3600萬令吉、位于賽城的Garden Plaza綜合發展項目進行封頂儀式，象徵發展架構已完成，預計會在今年3月底竣工。

馬星集團總執行長兼執行董事吳彩榮在文告中指出：“我們很高興分享Garden Plaza住宅單位已全面出售，我們有信心最后推出的Garden Boulevard零售商店也會迅速被認購，因買家都希望參與其中發展潛能。

他稱Garden Boulevard對零售商而言是一項良好投資，可佔有Garden Plaza和Garden Residence優勢，並提供投資者兩年的回酬保證。

封頂儀式出席者包括馬星集團總營運長（豪宅）鄭興宗、集團策略發展和項目總經理梁津浩、副總營運長顏光再，以及Al-Ambia私人有限公司董事經理馬宏榮（譯音）。

Garden Plaza綜合發展項目涵蓋住宅和商業單位，占地6.31英畝，是馬星集團在賽城主要發展項目之一。

此發展工程將建築3棟大樓，至于Garden Boulevard零售商店是其中商業元素，共有58個零售和SoFo單位。【中国报财经】

icy97

馬星銷售34.3億創新高‧全年淨利增21%

2015-02-16 17:01      
（吉隆坡16日訊）由於總銷售額大增15%至34億3千萬令吉的新高紀錄，帶動馬星集團（MAHSING,8583,主板產業組）截至2014年12月31日財政年，全年營業額及凈利分別成長44.8%及20.9%，達到29億與3億3千920萬令吉。

第四季營業額與凈利分別為8億4千400萬和8千450萬令吉，比前期改善48%及19.6%。派息6.5仙該集團每股盈利獲得22.17%，與前期比較增長11.7%。

馬星集團在文告中表示，配合集團的財務表現，董事部建議分發一次過單層股息，每股派息6.5仙，符合集團派發至少40%的凈盈利給小股東的政策。

另外，集團資產負債保持強勁，擁有大約6億3千920萬令吉的現金，負債率只是0.36倍，比內部預訂的0.5倍低。馬星業績表現標青，主要是集團進行中的計劃工程進展順利、銷售保持亮眼。集團在策略地點的發展，主要興建價格低於100萬令吉的房產，在2014年推出的房產計劃，87%低於100萬令吉、81%低於70萬令吉，以及45%低於50萬令吉，在2015年初推出的住宅產業，84%低於100萬令吉、71%低於70萬令吉，以及44%低於50萬令吉。

另一方面，集團截至2014年12月31日的未入賬銷售約526億4千萬令吉，相等於2014年產業營收的兩倍。

與此同時，集團在雪州蒲種、沙亞南及森州芙蓉增持1千134英畝的土地，發展總值估計193億令吉，在增購這些土地之後，集團的未發展土地介於3千822英畝；截至2014年12月31日，集團的未入賬銷售、加上其他的發展總值，大約值650億令吉，預料可供集團8至10年的時間發展。

集團75%的未開發地庫位於大吉隆坡及芙蓉，交通系統的改善，將開發新的成長走廊，進而惠及集團在巴生河流域、大吉隆坡及芙蓉的大部份產業發展計劃。

其中位於蒲種的土地將展開一項綜合產業發展計劃，總值大約93億令吉，芙蓉的土地則興建排屋、半獨立式洋房及獨立式洋樓，發展總值大約75億令吉。放眼2015年的展望，集團深信這一年表現向好，未賬銷售526億4千萬令吉，足以支撐集團的營業額與賺利基礎。

此外，年輕人口增加、家庭收入成長，以及平穩的就業市場，促使馬星集團深信，產業仍將是人們首要的投資選擇，每年只完工7萬至8萬個單位的新屋，並不足以迎合市場對20萬個房產單位的需求。

集團設定2015年財政年，至少達到34億3千萬令吉的銷售目標，新推出市場的產業計劃將分別位於大吉隆坡、巴生河流域、檳城、柔佛依斯干達，以及沙巴的亞庇。（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2014	31/12/2013	31/12/2014	31/12/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	843,951	570,207	2,904,723	2,005,596
2	Profit/(loss) before tax	114,136	91,145	455,012	371,504
3	Profit/(loss) for the period	83,442	69,774	337,663	279,261
4	Profit/(loss) attributable to ordinary equity holders of the parent	84,548	70,698	339,249	280,616
5	Basic earnings/(loss) per share (Subunit)	5.73	5.09	23.45	21.52
6	Proposed/Declared dividend per share (Subunit)	6.50	8.00	6.50	8.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.5400		1.3800

icy97

銷售振奮‧馬星今年動力持續

2015-02-17 17:45      
（吉隆坡17日訊）馬星集團（MAHSING,8583,主板產業組）2014年業績符合市場預期，分析員對該公司整體產業走疲下仍可達標感到鼓舞，預計馬星集團今年可延續此銷售動力。

該公司2014財政年淨利達3億3千920萬令吉，其大部份的盈利源自巴生河流域產業，該公司也預計，明年可以至少達到與今年相等的業績表現。

聯昌研究表認為，相較於其他產業業者，馬星2014財政年可達標已非常了得，預計該公司今年仍可憑著多項新產業達到設下的目標。

馬星集團管理層表示，在2015年該公司會把焦點放在大眾產業，而根據大馬研究，該公司目前有84%產業價格低於100萬令吉，其中44%的產業價格低於50萬令吉。

此外，野村研究表示，馬星集團目前擁有53億令吉的未入賬銷售，在往後可以用以支撐該公司的盈利表現。

大馬研究表示，馬星集團在這時間點上配股集資買地是明智之舉，因為這土地在未來會有增值的空間。

早前，該公司欲以配股的方式集資購買蒲種及芙蓉地段，而其中的3億7千萬令吉將用以購買上述兩個地段。

截至2014財政年，該公司的可發展總值為440億令吉，76%位於巴生河流域，其他分別來自柔佛、檳城及沙巴。

野村研究表示，憑著馬星集團的4%收益率、高為進帳收入及強勁的盈利成長，馬星集團是該行在大馬產業界首選。

眾證券行當中，只有馬銀行研究在參考馬星集團2014業績後下修2015年及2016年業績預測，在納入該公司對高層樓建築曝露的風險後，分別下調3.7%及9.1%。
附加股超額認購4.61%

馬星集團今日發文告表示，該公司配售附加股計劃共取得4.61%超額認購率。

截至2月12日申請結束時，馬星集團共收到4億6千362萬5千853股附加股認購申請，超越認購4.61%。

配售計劃成功為該公司籌獲6億3千萬令吉。附加股和憑單預計於2月26日上市。



（星洲日報／財經）

icy97

下週四掛牌 馬星附加股超額申請11.67%

財經股市17 Feb 2015 21:37
（吉隆坡17日訊）馬星集團（MAHSING，8583，主要板房產）發行附加股及憑單獲投資者踴躍認購，共接獲超額申請11.67%，超額認購4.61%，反映投資者對公司的信心。

馬星集團在文告指出，附加股及憑單將于下週四（26日）正式在馬股上市；附加股每股1.42令吉，每持10股普通股可認購3股；每認購10股附加股可獲3股免費憑單。

根據馬證交所報備文件，上述附加股及免費憑單申請截止日期為2月12日，該公司共接獲總計4億6362萬5853股的申請，比馬星集團發售的4億4318萬5318股附加股及憑單，超額認購4.61%

未進賬銷售強穩

馬星集團通過上述活動籌資約6億2900萬令吉，其中5億3000萬令吉用作購地和房產發展活動，剩余資金用作營運資本和融資該企業活動。

該集團董事經理兼總執行長丹斯里梁海金說：“投資者對我們很有信心，未進賬銷售也很強穩，讓我們感到榮幸，未來將繼續提供可滿足客戶的房產計劃。”

馬星集團股價全日平穩走高，開市先揚3仙報2.03令吉，然后小幅走揚，休市該股暫掛2.03令吉，交易量286萬1900股。

閉市時，馬星集團報2.03令吉，揚3仙，成交量562萬7900股。【中国报财经】

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	RENOUNCEABLE RIGHTS ISSUE OF UP TO 443,185,318 NEW ORDINARY SHARES OF RM0.50 EACH IN MAH SING GROUP BERHAD (“MAH SING”) (“MAH SING SHARES”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 132,955,595 FREE DETACHABLE WARRANTS (“WARRANTS”), ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TEN (10) EXISTING MAH SING SHARES HELD AND THREE (3) WARRANTS FOR EVERY TEN (10) RIGHTS SHARES SUBSCRIBED FOR BY THE ENTITLED SHAREHOLDERS OF MAH SING AS AT 5.00 P.M. ON 26 JANUARY 2015, AT AN ISSUE PRICE OF RM1.42 PER RIGHTS SHARE (“RIGHTS ISSUE WITH WARRANTS”)
(The abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 20 November 2014, unless otherwise stated. The Proposed Rights Issue with Warrants is hereinafter referred to as the “Rights Issue with Warrants”.) We refer to, among others, the announcement dated 20 November 2014, in relation to the Rights Issue with Warrants. On behalf of the Board of Mah Sing, CIMB wishes to announce that at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on 12 February 2015 (“Closing Date”), Mah Sing had received valid acceptances and excess applications for a total of 463,625,853 Rights Shares. This represents an over-subscription of 4.61% over the total number of Rights Shares available under the Rights Issue with Warrants. Details of valid acceptances and excess applications received as at the Closing Date are as follows: No. of Rights Shares % of total issue Total valid acceptances 411,881,284 92.94 Total valid excess applications 51,744,569 11.67 Total valid acceptances and excess applications 463,625,853 104.61 Total Rights Shares available for subscription 443,185,318 100.00 Oversubscription 20,440,535 4.61 Successful applicants of the Rights Shares will be given Warrants on the basis of three (3) Warrants for every ten (10) Rights Shares successfully subscribed for. The minimum number of Warrants that can be issued and allotted with the accepted Rights Shares is one (1) Warrant. Any fractional Warrants will be disregarded and will be included in the pool of Excess Rights Shares and Warrants (as defined below) to be made available for excess application. Accordingly, the Rights Shares and Warrants not taken up or not validly taken up by our entitled shareholders and/or their renouncee(s) and/or transferee(s) prior to excess application (“Excess Rights Shares and Warrants”) will be allotted in the priority set out in the Abridged Prospectus dated 26 January 2015 (“Abridged Prospectus”) as follows: (i) firstly, to minimise the incidence of odd lots; (ii) secondly, for allocation to entitled shareholders who applied for Excess Rights Shares and Warrants on a pro-rata basis and in board lot, calculated based on their respective shareholdings as at the Entitlement Date; (iii) thirdly, for allocation to renouncee(s) and/or transferee(s) who applied for Excess Rights Shares and Warrants on a pro-rata basis and in board lot, calculated based on the quantum of Excess Rights Shares and Warrants applied for; and (iv) in the event that there are still unsubscribed Rights Shares and Warrants after allocating all the Excess Rights Shares and Warrants applied for, the remaining unsubscribed Rights Shares and Warrants will be subscribed by the Joint Managing Underwriters and Joint Underwriters in accordance with the terms and conditions set out in the Underwriting Agreement (all as defined in the Abridged Prospectus). The Rights Shares and Warrants are expected to be listed on the Main Market of Bursa Malaysia Securities Berhad on 26 February 2015. This announcement is dated 17 February 2015.

icy97

黄金十年：不再错过马星附加股

黄金十年 财经周刊 投资观点  2015-02-23 12:32
这几年，马星集团业绩一再创高峰，而附加股建议，不是向股东要钱这么简单，而是将业务版图进一步延伸，为未来愿景铺路。

因此，公司的股东选择了支持它，以在未来享有更丰润的利益。

希望我们迟了两年才捉住这颗“马明星”，参与其盛，为时未晚，结果依然丰盛。

在上一次马星集团（MAHSING）的附加股募资活动，我们没有投资。

那时，有位读者写信给我们，大意是他觉得我们的投资模式，相当注重附加股获利，因此，不应该忽略了这项投资。

事后，我们做了些分析回顾，觉得他说得蛮有道理。

不过，机会已经溜过了，也无需后悔，反正大马股市机会多的是。

没想到事隔两年，机会真的又来敲门，我们是否像上次那样，又让它溜走了？

让我们回顾一下上次的附加股结果。当时，马星集团建议3配1附加股（每股售价1.42令吉），每5附加股送3张免费凭单（行使价是2.38令吉）。

由于当时的附加股交易价不容易考究，我们姑且以除权前的闭市价来作参考。

5送1红股

公司在2013年2月21日除权，前一天闭市价是2.31令吉。假设我们买入1万5000股，成本是3万4650令吉；之后，再以1.42令吉x5000股=7100令吉，因此，总成本是4万1750令吉，我们持有2万股母股，与3千股凭单。

我们也知道，马星集团当时有后续动作，即将会在较后5送1红股。这所谓的“较后”是5个月后的7月4日。

于是，我们手上股票变成2万4000股（每股成本是1.74令吉），凭单则变成3600单位，行使价调低为1.98令吉。

为了让这项分析更具时间性，我们追踪至2015年的附加股建议，看看成绩如何，见表1（以闭市价为准）。

9月股息料有惊喜

单从母股来比较，我们已经赚了30%，如果再加上免费凭单（3600股），肯定更多。

这还没有把2013年9月除权的7.6仙股息，及2014年9月除权的8仙股息计算在内。

这只马星真是马股的明星，多年来让追星者赚了很多钱。故事继续发展下去，来到今年的附加股建议。

这是10配3附加股（每股售价1.42令吉）；每10附加股送3张免费凭单（行使价是2.63令吉），在1月22日除权。

如果我们不认购附加股，可以把其（24000x0.3=7200单位）白表格卖掉，估计每股可以卖到45仙，获利不少。

但是，有了上回这样好的经验，我们怎么可能卖掉？

因此，股票再次增加，凭单数额也增加，同时凭单B行使价调低至1.80令吉。故事就此打住，我们回到现实。

上述一切都是我们错过了的机会，除了一样。

我们这次决定不再留白，以45仙买进新的附加股权益（白表格），连同附加股认购价1.42令吉和手续费（30令吉），我们手上的1万股马星集团，成本价是1万8730令吉（每股约1.87令吉）。

不算3000股免费凭单C，以马星目前的市价2令吉，我们已小有收获。

同样的故事会上演多一次，大约在5、6个月后，马星就会宣布红股，这次的4送1红股比上次更丰富。

而且，在9月的终期股息也应该会比上两年好。

业绩屡创新高

我们从公司业绩来看，这几年马星集团的确一再创高峰，而它所进行的附加股建议，不是向股东要钱这么简单，而是将业务版图进一步延伸，为公司未来的愿景铺好路线。

因此，公司的股东选择支持，以在未来享有更丰润的利益。

希望我们迟了两年才捉住这颗“马明星”，参与其盛，为时未晚，结果依然丰盛。

迈入羊年，这只木羊，会对什么行业甚有裨益呢？

香港的中信里昂（CLSA）证券风水指数，年年以流年点评股市走势，虽然不可完全置信，一看无妨。

其预测似乎比去年乐观，大概是羊性温顺，予人软绵绵的感觉，不像去年的野马难驯服吧。

但是，如果这不是只绵羊，反是只雄山羊，闹起脾气来，也不容易收拾。

免责声明
除了股票基本面，本文内容纯属虚构，所有提及股项纯属学术上或经验上的建议，读者若有兴趣投资，应该自行深入研究或询问股票经纪才决定，盈亏自负。我们鼓励通过正确的投资方式创造财富，文中的建议，都有一个完整的买卖纪录。



草根牛马

【南洋网财经】

icy97

Instrument Type

Warrants

Description

Free detachable warrants (“Warrants”) issued pursuant to the renounceable rights issue of up to 443,185,318 new ordinary shares of RM0.50 each in Mah Sing Group Berhad (“Mah Sing”) (“Mah Sing Shares”) (“Rights Shares”) together with up to 132,955,595 Warrants, on the basis of three (3) Rights Shares for every ten (10) existing Mah Sing Shares held and three (3) Warrants for every ten (10) Rights Shares subscribed for by the entitled shareholders of Mah Sing as at 5.00 p.m. on 26 January 2015, at an issue price of RM1.42 per Rights Share

Listing Date	26/02/2015
Issue Date	23/02/2015
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	132,954,970

Maturity Date	21/02/2020
Revised Maturity Date
Exercise/ Conversion Period	5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price	MYR 2.6300
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio	1 warrant: 1 ordinary share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

icy97

Instrument Type

Warrants

Description

Adjustments to the exercise price and number of outstanding 2013/2018 warrant(s) of Mah Sing Group Berhad (“Mah Sing”), constituted by a deed poll dated 18 February 2013 (“Warrant B 2013/2018 Deed Poll”) and expiring on 16 March 2018* (“Warrant B 2013/2018”), made in accordance with the provisions under the Warrant B 2013/2018 Deed Poll consequential to a renounceable rights issue of up to 443,185,318 new ordinary shares of RM0.50 each in Mah Sing (“Mah Sing Shares”) (“Rights Shares”), together with up to 132,955,595 free detachable warrants (“Warrants”), on the basis of three (3) Rights Shares for every ten (10) existing Mah Sing Shares held and three (3) Warrants for every ten (10) Rights Shares subscribed for by the entitled shareholders of Mah Sing as at 5.00 p.m. on 26 January 2015 (“Entitlement Date”) (“Rights Issue with Warrants”)

Listing Date	22/03/2013
Issue Date	19/03/2013
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	148,957,263

Maturity Date	16/03/2018
Revised Maturity Date	16/03/2018
Exercise/ Conversion Period	5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price	MYR 1.9800
Revised Exercise/Strike/Conversion Price	MYR 1.8000
Exercise/ Conversion Ratio	1 warrant:1 ordinary share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

Remarks :

We refer to the announcement dated 21 January 2015 in relation to the adjustments on the Warrant B 2013/2018 pursuant to the Rights Issue with Warrants. In accordance with the provisions under the Warrant B 2013/2018 Deed Poll and consequential to the Rights Issue with Warrants, an additional 12,921,939 Warrant B 2013/2018 will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 26 February 2015 and the exercise price for the Warrant B 2013/2018 will be revised from RM1.98 to RM1.80 (“Adjustments”). Further, in accordance with the provisions of the Warrant B 2013/2018 Deed Poll, the Adjustments had taken effect on 27 January 2015, being the market day immediately after the Entitlement Date. A notification to the holders of the Warrants setting out the details of such Adjustments has been despatched on 9 February 2015. Note: * As 18 March 2018, being the date preceding the fifth anniversary of the issue date of Warrant B 2013/2018 falls on a non-market day, the expiry date of the Warrant B 2013/2018 will be 16 March 2018, being the market day immediately preceding 18 March 2018, pursuant to the provisions of the Warrant B 2013/2018 Deed Poll. This announcement is dated 25 February 2015.

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Announcement Info

Company Name	MAH SING GROUP BERHAD
Stock Name	MAHSING-WB
Date Announced	25 Feb 2015
Category	Listing Information & Profile
Reference No	MM-150225-64668

icy97

推介第2棟服務式公寓 馬星集團冀出售80%

財經企業11 Mar 2015 20:38
（吉隆坡11日訊）馬星集團（MAHSING，8583，主要板房產）推出位于白沙羅北部發展計劃D’sara Sentral新示範單位，隨著該計劃首棟服務式公寓的成功，放眼第2棟公寓出售率達80%。

根據馬星集團發出的文告，為配合推出新示範單位，第2棟服務式公寓（1B）也開放預選購買房產單位，同時也看好會有不錯的反應。

這項儀式將由馬星集團董事經理兼總執行長丹斯里梁海金負責開幕，該公司總執行長兼執行董事吳彩榮與高級管理團隊也會一同出席。

吳彩榮通過文告說：“在D’sara Sentral計劃下，我們主要目的是創造方便住戶的計劃，這項計劃是一項綜合發展計劃，由商業和住宅組成，商業部分包括小型多功能辦公室（SOVO）和零售商店。”

他指出，該公司打造一項集成發展計劃，當地居民可更方便和省時，該計劃的策略性位置讓居民能無障礙旅遊和外出，而當地也會建有捷運站，從D’sara Sentral至吉隆坡市中心只要30分鐘就能到達。【中国报财经】