【MAHSING 8583 交流专区】马星集团

icy97

大產業計劃推動‧馬星首季淨賺9889萬

2015-05-28 16:50      
（吉隆坡28日訊）受興建中各大產業計劃營運盈利增長驅動，馬星集團（MAHSING，8583，主板產業組）截至2015年3月31日首季，淨利上揚18.04%至9千889萬3千令吉，相比前期8千378萬令吉。

營業額7.84億

首季營業額增長22.10%至7億8千414萬3千令吉，相比前期為6億4千219萬9千令吉；其中產業發展營收上揚24.1%，由5億6千940萬增至7億零670萬令吉；塑膠業營業額增長1.7%至6千170萬令吉。

馬星產業發展營運盈利增長18.2%，由1億零520萬增至1億2千440萬令吉，主要受靈區之Icon City、隆安邦路之M City、萬撓之M Residence系列、隆南區之Southville City和檳城的Southbay City計劃拉抬。

截至首季，一筆達487億1千萬令吉收入，包括51億2千萬令吉未進賬銷售和435億9千萬令吉總發展值，料可使營收持續增長8至10年。

手握15.9億現金

同時，該公司手握淨現金達15億9千萬令吉，可用來擴大地庫。

馬星集團發表文告說，截至2015年4月22日，儘管首季因農曆年而期限較短，集團仍取得7億6千100萬令吉之產業銷售。

“這證明集團之策略有效推動銷售，其產品皆為可負擔得起房屋，主要重點放在巴生河流域。

2015年，推展之住宅84%價格100萬以下，71%70萬以下和44%為低於50萬令吉。”

專注39歲以下年齡層需求

馬星也專注年齡39歲以下的需求，此年齡層佔3千萬人口的70%，對新家需求殷切。因此也在適當地點推出迎合中產群眾市場的產品，如Savanna Executive Suite@Southville City（43萬3千令吉起跳）、雙溪毛糯的D'sara SentralServiced Residences（59萬7千令吉起）和華友園的Lakeville Residence（60萬令吉起）。

有信心達34億銷售目標

“排除不可預見之因素，集團有信心達致34億3千萬令吉銷售目標，相信適當地點適當產業將迎合需求，下半年將推展蒲種靠近中央商業區的Festival Lakecity產業計劃。”

該集團預測大吉隆坡和巴生河流域佔據今年銷售67%，柔佛20%、檳城11%、沙巴2%。

談到消費稅（GST）衝擊，董事經理丹斯里梁海金表示，預期消費者會在3至6個月調整衝擊，產業下半年重拾買氣，主要是每年有20萬對伴侶註冊結婚增加房屋需求，每年新建房屋只達7萬至9萬單位；穩定就業率和健全經濟增長推高購屋需求。

馬星4送1發紅股享有日為6月10日，並料於6月11日完成發股；2014財政年所發每股6.5仙股息或44%派息率，若獲股東大會通過，可在9月17日支付。（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2015	31 Mar 2014	31 Mar 2015	31 Mar 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	784,143	642,199	784,143	642,199
2	Profit/(loss) before tax	130,446	111,376	130,446	111,376
3	Profit/(loss) for the period	97,889	83,654	97,889	83,654
4	Profit/(loss) attributable to ordinary equity holders of the parent	98,893	83,780	98,893	83,780
5	Basic earnings/(loss) per share (Subunit)	5.96	5.49	5.96	5.49
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		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 ($$)	1.5700		1.5500

icy97

過往紀錄佳有保障 馬星集團逆市上揚

財經股市29 May 2015 20:57
（吉隆坡29日訊）馬星集團（MAHSING，8583，主要板房產）過去成長紀錄穩健，券商對前景有信心，今日股價亦逆市上揚。

根據達證券分析報告指出，儘管馬星集團首4個月銷售僅佔全年目標34億令吉的22%，但該公司仍有信心可達標，主要是總值34億令吉新計劃及現有計劃的推動。

該公司管理層將持續推出迎合市場需求的產品，著重推出更多中高端產品，迎合首次購屋者的需求。今年，該公司推出的房產計劃中，84%為100萬令吉以下。

“巴生谷預計可貢獻公司今年目標銷售額超過67%，特別是來自一些房產計劃的新銷售。另外，今年下半年在檳城和依斯干達推出的計劃也將在今年做出貢獻。”

達證券看好馬星集團，特別是過往穩健的收益成長紀錄，重申“買入”評級，目標價2.60令吉。

該公司今日全日走高，遊走介于2.13至2.15令吉之間，閉市報2.14令吉，揚2仙，成交量191萬2000股。

此外，該公司派發6億741萬3668紅股，每持有4現有股即可獲得1紅股計劃，發行日為今年6月10日。

馬星集團今日向馬證交所報備，這批紅股除權日為6月8日，割名日為6月10日，股東將在6月10日獲得紅股，但除權日（8日）后可有權可出售或續持有公司股票。【中国报财经】

icy97

MAHSING - Notice of Bonus Entitlement

MAH SING GROUP BERHAD

Bonus issue of up to 607,413,668 new ordinary shares of RM0.50 each in Mah Sing Group Berhad ("Mah Sing") ("Mah Sing Shares") ("Bonus Shares"), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every four (4) existing Mah Sing Shares held by the entitled shareholders of Mah Sing as at 5.00 p.m. on 10 June 2015 ("Entitlement Date") ("Bonus Issue").

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 8 Jun 2015
2)    The last date of lodgment : 10 Jun 2015
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
        a)    Selling Broker to deduct <1/5>, of Selling Price against the Selling Client
        b)    Buying Broker to deduct <20%>, of Purchase Price against the Buying Client
        c)    Between Broker and Broker, the deduction of <1/5>, of the Transacted Price is applicable.

Remarks 1:- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 11 June 2015 with Bonus issue of MAHSING shares of RM0.50 each, any shareholder who is entitled to receive MAHSING Bonus issue shares, may sell any or all of his MAHSING shares arising from the Bonus issue beginning the Ex-Date (8 June 2015).

For example, if Mr X purchases 400 MAHSING shares on cum basis on 5 June 2015, Mr X should receive 400 shares on 10 June 2015. As a result of the Bonus issue, a total of 500 MAHSING shares will be credited into Mr X's CDS account on the night of 10 June 2015 being the Book Closing Date. Therefore, Mr X can sell the Bonus issue shares of 500 on or after the Ex-Date ie from 8 June 2015 onwards.

Remarks 2:- The Bonus Issue will entail the issuance of up to 607,413,668 Bonus Shares, to be credited as fully paid-up, on the basis of one (1) Bonus Share for every four (4) existing Mah Sing Shares held by the entitled shareholders whose names appear in the Record of Depositors for Mah Sing Shares at 5.00 p.m. on the Entitlement Date. The Bonus Shares will be listed and quoted on the Main Market of Bursa Securities on 11 June 2015, being one (1) market day after the Entitlement Date. Mah Sing's Share Registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the Entitled Shareholders not later than four (4) market days after the date of listing and quotation for the Bonus Shares on the Main Market of Bursa Securities. Please refer to the general announcement on the Bonus Issue dated 27 May 2015 for further details. This announcement is dated 27 May 2015.

icy97

马星发股债后零负债 有能力购18亿地皮

财经新闻 财经  2015-06-10 10:46
（吉隆坡9日讯）早前进行的附加股计划和近期发行的债券，马星集团（MAHSING，8583，主板产业股）目前处于“零负债”，让集团有能力购买价值高达18亿令吉的地皮，届时净负债率也只有0.5倍。

联昌国际投行表示，从之前进行的附加股计划，到最近发行的债券，集团净负债率目前处于“零”水平。

此外，马星集团因4送1红股计划，股价已在周一除权，投行看好这有助改善股票流通量，以及降低实际投资门槛价格。

马星集团周一以1.75令吉挂收，攀升2仙或1.16%。

今天闭市时，马星集团报1.74令吉，跌1仙或0.57%，成交量有61万500股。

早前，马星集团发送高达6亿740万股红股，股东每持有4股，可获1股红股；这将把股票数额从19亿2000万股，扩大25%，至24亿股。

该批红股将会在本周四，开始在大马交易所交易。

分析员表示：“我们看好红股计划，因可提高股票流通量，这是投资者一直关注的课题之一。”

建议累积

整体而言，分析员建议投资者持续累积该股，保持“增持”

投资评级，目标价格为2.02令吉。

与大部分产业股同步，马星集团的股价今年表现持平，即便市场环境严峻，该公司仍是设下今年销售稳定增长的目标。

“由于未入账销售处于历史新高，集团今年净利增长将表现强劲。”

此外，该集团在所有主要地点拥有发展项目，包括巴生谷、柔佛、槟城、森美兰州和沙巴，所以是国内产业领域的良好代表业者，也是投行其中一个首选产业股。

分析员补充，红股计划、强劲的净利增长表现，以及新销售保持佳绩，皆是投行重新调整评级的潜在催化剂。



【南洋网财经】

icy97

Instrument Category	Securities of PLC
Instrument Type	Warrants
Description	Adjustments to the exercise price and number of outstanding 2013/2018 warrants 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 bonus issue of up to 607,413,668 new ordinary shares of RM0.50 each in Mah Sing ("Mah Sing Shares") ("Bonus Shares"), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every four (4) existing Mah Sing Shares held by the entitled shareholders of Mah Sing as at 5.00 p.m. on 10 June 2015 ("Entitlement Date") ("Bonus Issue").

Listing Date	22 Mar 2013
Issue Date	19 Mar 2013
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	186,195,238
Maturity	Mandatory
Maturity Date	16 Mar 2018
Revised Maturity Date
Name of Guarantor	Not Applicable
Name of Trustee	Not Applicable
Coupon/Profit/Interest/Payment Rate	Not Applicable
Coupon/Profit/Interest/Payment Frequency	Not Applicable
Redemption	Not Applicable
Exercise/Conversion Period	5.00   Year(s)
Revised Exercise/Conversion Period
Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   1.8000
Revised Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   1.4400
Exercise/Conversion Ratio	1:1
Revised Exercise/Conversion Ratio	Not Applicable
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

Remarks :

We refer to the announcement dated 27 May 2015 in relation to the adjustments on the Warrant B 2013/2018 pursuant to the Bonus Issue.In accordance with the provisions under the Warrant B 2013/2018 Deed Poll and consequential to the Bonus Issue, an additional 37,237,975 Warrant B 2013/2018 will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 11 June 2015 and the exercise price for the Warrant B 2013/2018  will be revised from RM1.80 to RM1.44 ("Adjustments").Further, in accordance with the provisions under the Warrant B 2013/2018 Deed Poll, the Adjustments had taken effect on 9 June 2015, being the market day immediately before the Entitlement Date.A notification to the holders of the Warrant B 2013/2018 setting out the details of such Adjustments will be despatched in due course.This announcement is dated 10 June 2015.

---

Announcement Info

Company Name	MAH SING GROUP BERHAD
Stock Name	MAHSING-WB
Date Announced	10 Jun 2015
Category	Listing Information and Profile
Reference Number	LIP-09062015-00010

Instrument Category	Securities of PLC
Instrument Type	Warrants
Description	Adjustments to the exercise price and number of outstanding 2015/2020 warrants of Mah Sing Group Berhad ("Mah Sing") constituted by a deed poll dated 15 January 2015 ("Warrant C 2015/2020 Deed Poll") and expiring on 21 February 2020 ("Warrant C 2015/2020"), made in accordance with the provisions under the Warrant C 2015/2020 Deed Poll consequential to a bonus issue of up to 607,413,668 new ordinary shares of RM0.50 each in Mah Sing ("Mah Sing Shares") ("Bonus Shares"), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every four (4) existing Mah Sing Shares held by the entitled shareholders of Mah Sing as at 5.00 p.m. on 10 June 2015 ("Entitlement Date") ("Bonus Issue").

Listing Date	26 Feb 2015
Issue Date	23 Feb 2015
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	166,134,389
Maturity	Mandatory
Maturity Date	21 Feb 2020
Revised Maturity Date
Name of Guarantor	Not Applicable
Name of Trustee
Coupon/Profit/Interest/Payment Rate	Not Applicable
Coupon/Profit/Interest/Payment Frequency	Not Applicable
Redemption	Not Applicable
Exercise/Conversion Period	5.00   Year(s)
Revised Exercise/Conversion Period
Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   2.6300
Revised Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   2.1000
Exercise/Conversion Ratio	1:1
Revised Exercise/Conversion Ratio	Not Applicable
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

Remarks :

We refer to the announcement dated 27 May 2015 in relation to the adjustments on the Warrant C 2015/2020 pursuant to the Bonus Issue.In accordance with the provisions under the Warrant C 2015/2020 Deed Poll and consequential to the Bonus Issue, an additional 33,226,002 Warrant C 2015/2020 will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 11 June 2015 and the exercise price for the Warrant C 2015/2020 will be revised from RM2.63 to RM2.10 ("Adjustments").Further, in accordance with the provisions under the Warrant C 2015/2020 Deed Poll, the Adjustments had taken effect on 9 June 2015, being the market day immediately before the Entitlement Date. A notification to the holders of the Warrant C 2015/2020 setting out the details of such Adjustments will be despatched in due course.This announcement is dated 10 June 2015.

---

Announcement Info

Company Name	MAH SING GROUP BERHAD
Stock Name	MAHSING-WC
Date Announced	10 Jun 2015
Category	Listing Information and Profile
Reference Number	LIP-09062015-00011

icy97

馬星：令吉貶值不影響房產首購者

財經企業11 Jun 2015 20:48
（吉隆坡11日訊）馬星集團（MAHSING，8583，主要板房產）看好房地產市場需求仍旺盛，尤其是首次購屋者，不會受令吉貶值趨勢影響。

該公司執行董事兼總執行長吳彩榮指出，馬星集團去年錄得國內房地產最高銷量34億3000萬令吉，今年也放眼達到相同的銷售成績。

他今日出席“The Edge-馬星集團百萬富翁遊戲”推介禮時指出，目前馬星集團旗下仍有1214公頃地庫，位于巴生谷、新山、檳城及亞庇，放眼購買更多土地，不過在選擇適合土地時保持謹慎態度。

該公司未來數月內仍將推出新計劃，其中包括雙溪毛糯D’sara Sentral的2棟公寓、蕉賴1座服務式公寓及SouthVille City數棟公寓，價格從50萬令吉起跳。【中国报财经】

icy97

Type	Announcement
Subject	OTHERS
Description	Acquisition of New Subsidiary
The Board of Directors of Mah Sing Group Berhad (“Mah Sing”) wishes to announce that Mah Sing had on 12 June 2015 acquired the entire issued and paid-up share capital of Mont Meridian Development Sdn Bhd (“Mont Meridian”), a private limited company incorporated in Malaysia under the Companies Act, 1965 on 11 May 2015, 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, Mont Meridian will become a wholly-owned subsidiary of the Company. Mont Meridian 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 12 June 2015.

icy97

首季销售不达標　马星寄望下半年

财经  2015年06月18日
（吉隆坡18日讯）马星集团（MAHSING，8583，主板產业股）2015財政年首季销售不达標，该公司放眼下半年销售会回升。

马星集团企业与投资部执行董事拿督黄宝成表示，首季销售目標为8亿令吉，但只取得5亿6000万令吉的销售额，这是因为首季碰上佳节期间，较短工作日所致。他今日出席股东大会后的记者会上，如是指出。该集团董事经理兼首席执行员丹斯里梁海金及首席执行员吴彩荣，也一同出席记者会。

黄宝成透露，「截至4月22日止，该公司的销售额达7亿6100万令吉。」

他指出，上述的销售额仅达到公司2014財政年全年销售34亿3000万令吉的22%；公司希望今年销售额能与去年持平，惟不否认，倘若市场情绪疲软，销售难免会放缓。

针对次季的销售表现，他说，次季销售预料仍受到消费税影响，並认为消费税带来的影响需要6至9个月时间才会消散，因此该公司计划將部份房產项目延迟至下半年推出，包括一些可负担房屋的项目，希望能避开產业市场情绪疲软的时期，也冀望新项目可带动下半年销售回升。

该公司全年產业项目的总发展价值为34亿令吉，目前仍有28亿令吉的发展价值尚未推出，主要是在巴生谷一带的发展项目。

黄宝成也认为，消费税、令吉贬值和大宗商品价格下滑，是影响买家情绪，导致產业市场放缓主要原因之一。

此外，银行更严谨的房贷政策也是房產销售呆滯的原因之一，他相信，市场对於可负担房產的需求仍强劲，但买家却在获取银行贷款方面，面对一定的难题，包括贷款程序耗时、或难以获得银行提供贷款等。

全年而言，他指出，在市场放缓的趋势中，房价增长的幅度相信將会维持在低个位数水平。

截至3月31日止，马星集团未入账销售达51亿令吉。

对於未来，黄宝成披露，马星集团將谨慎寻找可发展的地库，以供长期发展用途。该公司目前拥有3600英亩的地库，总价值为436亿令吉。

不排除海外投资

询及森州新房屋政策將落实提高土著固打制，从原本的30%提高到50%一事；黄宝成表示，州政府是基于当地土著人数高，以及对於可负担房屋的需求增长，而做出这项新的措施。

与此同时，州政府也提高一项发展计划当中50%为可负担房屋的比例，房价分別低於8万令吉、25万令吉及40万令吉，让更多中下阶层受惠。

他指出，州政府相应的提高可负担房屋的价格，將可平衡土著固打制所带来的影响。他补充，目前在森州的土地尚未发展，仍在等待相关单位的批准。

另一方面，小股东权益监察机构（MSWG）在股东大会上，提问马星集团是否有意扩展海外，董事局书面回应说，公司近期將继续专注国內项目，但不排除海外投资机会，尤其是澳洲和伦敦，只要符合公司投资標准和不损害股东利益。【东方网财经】

icy97

馬星可攀3令吉？

2015-07-05 19:20      
星洲電子報讀者問：
馬星集團（MAHSING，8583，主板產業組）第一季度盈利節節上升，連續5年盈利都創新高，最近又派發紅股和股息，而公積金局也頻頻增加持股，可說有增無減，但為何股價卻表現平平？是否受到產業低迷所致？可否有機會攀升至3令吉？

答：
一家公司股價低迷的原因很多，包括股價已經全面反映價值，投資者又看不到任何未來有利催化因素，所以，使股價企穩或表現平平。

公司業績頻創新高，也有可能使一些投資者進行趁高套利，抑制股價進一步揚升而表現平平。當然，也還受到整體大市疲弱的影響。

至於馬星集團的情況，可能是上述原因所致，加上本地產業市場前景低落，房產的價格已經揚升至銀行都不願意提供足夠的融資地步，職場新鮮人要買房子產業的困難有增無減，使整體本地產業市場前景不明朗。

這裡相信，若不是馬星集團基本因素較好（如你所說般），該公司的股價可能不是平平無奇，反而是向下調整。

至於有無機會攀升至3令吉，大馬證券研究最新的估值可供參考。該行甫於2015年6月10日的報告給予馬星集團未來12個月的目標價為2令吉38仙（比較之前為3令吉），主要是為其紅股及憑單計劃作出相應的調整。（當時市價為1令吉74仙），並給“買進”評級。

馬星集團為許多證券研究所追蹤研究的產業股之一，所以，你可注意企業消息發展及研究報告推荐，而作出適當的投資調整。（星洲日報／投資致富&#8231;投資問診&#8231;文：李文龍）

icy97

马星放眼今年 槟城3亿销售

财经新闻 财经  2015-07-25 10:36
（乔治市24日讯）马星集团（MAHSING，8583，主板产业股）放眼今年内的槟城产业销售额可达3亿令吉。

马星集团营运总监郑兴宗今日在槟城向媒体指出，集团在槟城的产业认购率表现良好，相信能达到销售目标。

目前该集团在槟城的产业项目包括Ferringh Residence公寓别墅、综合发展项目Southbay City、以及在Lagenda@Southbay的三层度假村式洋房。

“我们对槟城的产业项目有信心，相信今年能贡献集团总销售的11%。”

他透露，集团目前在槟城仍有33公顷的未开发地库，只能够忙碌5到8年。

因此，集团正积极地在槟城寻找有发展潜力的土地。

他指出，当Ferringh Residence项目的首次工程完成后，将会推出次期工程Ferringhi Residence2，估计发展总值为7.35亿令吉，提供632个度假村式公寓单位。

“该项目预计可在3个月后正式推介、印尼、台湾和中国推广。”【南洋网财经】

icy97

34.3亿销售目标不变 马星可负担产业撑场

财经新闻 财经  2015-07-25 10:35
（吉隆坡24日讯）尽管阴影笼罩房市，马星集团（MAHSING，8583，主板产业股）今年仍放眼34.3亿令吉的销售额目标，获分析员看好并维持财测不变。

马银行投行在报告中指出，在消费税落实后，消费者情绪转为谨慎，加上缺乏新产业推介，马星集团次季的销售没有太大起色。

虽原定今年推出34亿令吉的新产业，但考量到整个市场趋势，分析员预期，该集团会将部分新产业搁置至明年。

不过，近期内专注可负担产业的策略良好，分析员对即将推介的柔州Meridin East可负担房屋，感到无比振奋。

这是因为竞争对手绿盛世（ECOWLD，8206，主板产业股），在该州推介售价50万至55万令吉的有地产业，已售出80%。

森州限制没影响

虽然森州政府限制海外买家，但该集团在森州960英亩地皮的建议收购计划，不会有太大影响，因为该地皮将用以建设可负担房屋，单售平均售价从35万令吉起。

这项交易料在今年末季完成。

马星集团今年设下的销售目标为34亿3000万令吉，截至4月已取得7亿6100万令吉，占22%。

分析员维持财测不变，但保守估计今年的销售额为30.6亿令吉，比集团目标低11%，。

同时，维持“守住”投资评级和目标价格为1.62令吉。

分析员认为，产业领域目前缺乏利好，市场需求放缓或将持续维持6至12个月。




【南洋网财经】

icy97

icy97 发表于 30-8-2014 03:05 AM
马星6.6亿蒲种购地 拟推93亿综合项目

财经新闻 财经  2014-08-29 09:28

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED ACQUISITION OF A PIECE OF LEASEHOLD LAND HELD UNDER PN 95951, LOT 827, PEKAN DESA PUCHONG, DAERAH PETALING, NEGERI SELANGOR ("PROPOSED ACQUISITION")
PROPOSED ACQUISITION BY MS LAKECITY SDN BHD (“MS LAKECITY”) (FORMERLY KNOWN AS MAH SING GROUP VENTURES SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF MAH SING GROUP BERHAD (“MAH SING”), OF A PIECE OF LEASEHOLD LAND HELD UNDER PN 95951, LOT 827, PEKAN DESA PUCHONG, DAERAH PETALING, NEGERI SELANGOR MEASURING APPROXIMATELY 88.7 ACRES, WITH POTENTIAL GROSS DEVELOPMENT VALUE OF APPROXIMATELY RM9.3 BILLION FROM HUGES DEVELOPMENT SDN BHD (“VENDOR”) FOR A CASH CONSIDERATION OF RM656,896,779.00 OR RM170.00 PER SQUARE FOOT (“PROPOSED ACQUISITION”) We refer to the announcement and circular dated 28 August 2014 and 16 December 2014 respectively in relation to the Proposed Acquisition. Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the said announcement and circular. On behalf of the Board of Directors of Mah Sing, CIMB Investment Bank Berhad wishes to announce that pursuant to the SPA dated 28 August 2014, MS Lakecity and the Vendor had today, by way of exchange of letters, mutually agreed to an extension of the 11 months period within which MS Lakecity is to confirm whether it shall proceed with or rescind the SPA, to 26 August 2015. Should MS Lakecity decide to proceed with the SPA by confirming in writing on or before 26 August 2015, the BPP 1 shall be paid on 27 August 2015 instead of the earlier agreed date of 28 August 2015. However, if the SPA is rescinded, all balance monies paid by MS Lakecity to the Vendor after deducting a sum equivalent to 1% of the Purchase Consideration amounting to RM6,568,967.79, as commitment fee and agreed liquidated damages, will be returned to MS Lakecity by the Vendor free of interest within 60 days from the date of receipt by the Vendor of the notice of rescission of the SPA, rather than within 30 days as stated in the SPA. Save for the above, all other terms and conditions in the SPA shall remain unchanged and in full effect. This announcement is dated 28 July 2015.

icy97

交通大藍圖帶動檳房市&#8231;馬星從中受惠

2015-07-30 16:29      
（吉隆坡30日訊）檳城交通大藍圖（PTMP）即將上馬，當地房市有望獲得提振，分析員看好手握檳城82英畝地庫的馬星集團（MAHSING，8583，主板產業組）可從中受惠。

大馬研究表示，PTMP完成，檳城的公共交通和基建設施改善，相信當地產業市場將加快發展，而馬星在檳城擁有82英畝地庫，待房產計劃陸續推介後，預期也能從前述利好中得益。

分析員補充，上述地庫可供該公司未來5至8年發展。

此外，該公司也即將推出Ferringhi Residence第二期項目，該項目總共有632單位，售價介於84萬5千令吉至200萬令吉。

早前，馬星推出的Ferringhi Residence首期工程已取得86%的認購率。

分析員引述媒體報道稱，馬星放眼檳城新的產業項目銷售可達3億至3億5千萬令吉，將貢獻佔該公司今年11%的營業額。

除了上述產業項目，該公司今年也將推出數個不同的產業項目，地點遍佈巴生河流域、南馬及北馬。

該公司目前地庫的發展總值達440億令吉。

綜合上述看法，大馬研究維持“買進”評級及2令吉38仙的目標價不變。（星洲日報／財經&#8231;報導：謝汪潮）


马星集团 交通蓝图带动槟城项目
财经 行家论股  2015-07-31 11:10
http://www.nanyang.com/node/714872?tid=462

icy97

马星芙蓉购地遭起诉

财经新闻 财经  2015-08-07 09:55
（吉隆坡6日讯）马星集团（MAHSING，8583，主板产业股）表示，7名人士起诉其独资子公司Grand Prestige发展，要求法庭判后者收购芙蓉一块地皮的协议无效。

周三，马星集团发文告指，Grand Prestige发展和地皮卖方被起诉；而7名人士据称是该地皮的注册业主或实益拥有人（beneficial owners）。

公司表示，目前正寻求法律意见，且将会决定下一步的行动。

去年，马星集团通过Grand Prestige发展，耗资3亿5956万令吉收购的芙蓉地皮，拟推出发展总值75亿令吉的大型城镇计划。

不过，较后却表示，该项收购计划受阻，因发现该地皮被冻结了，且要向卖家了解详情，并评估解决方案。

当时，马星集团表示，在签署买卖协议前，该地皮并没有冻结令（Caveat）。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED ACQUISITION OF A PIECE OF PRIME FREEHOLD LAND, WITH POTENTIAL GROSS DEVELOPMENT VALUE OF APPROXIMATELY RM7.5 BILLION, IN MUKIM RANTAU, DAERAH SEREMBAN, NEGERI SEMBILAN FOR A CASH CONSIDERATION OF RM359,557,153.36
Reference is made to the announcement dated 11 August 2014 and 26 August 2014 in relation to the above. Unless stated otherwise, all definitions used herein shall have the same meanings as set out in the said announcements. Mah Sing wishes to announce that Grand Prestige, its wholly-owned subsidiary, had today been served with a writ and statement of claim made in the High Court of Seremban by the plaintiffs, Chik Chan Chee @ Cheok Chan Chee, Cheok Choon Yoong, Ling (Liang) Ah Chai, Chang Moy @ Chan Kwai Lan, Wong Ah Kee @ Wong Gin Chin, Koo Seng Hiew and Tiew Choo Seng @ Chang Choo Chew, each of them being one of the alleged undivided registered proprietors/beneficial owners to the Land against the Vendors, being the defendants, praying for, amongst others, a declaration that the SPA is invalid. Grand Prestige has also been named as one of the defendants. The Company is currently seeking legal advice and will decide on its next course of action. The necessary announcements will be made, where applicable. This announcement is dated 5 August 2015.

icy97

用iProperty虛擬3D展示廳 馬星展示2發展項目

財經7 Aug 2015 16:55
（吉隆坡7日訊）房產資訊網站iProperty推出首個虛擬3D房產展示廳，馬星集團（MAHSING，8583，主要板房產）亦是借助此服務展示旗下發展項目。

房產資訊網站iProperty董事經理兼總執行長柯米爾指出，這是亞洲和大馬首推的iProperty展示鏡（iProperty Goggles）服務，讓房產買家和投資者有身臨其境的感受，同時提供房產發展商以新平台展示最新房產發展項目。

縮短投資決定

馬星集團總營運長鄭興宗稱：“我們不斷尋找創新概念來接觸消費者，通過iProperty的最新設備服務使旗下房產計劃更具流動性，惠及公司和潛在客戶。”

他在出席iProperty展示鏡和房產投資展覽會后指出：“這項服務有助縮短投資者作出買房決定，因海外投資者要到我們的實際展示廳參觀可能需耗些時間，但這項功能就可發揮補助作用。”

目前，馬星集團旗下雙溪毛糯D’sara Sentral和安邦路M City，是首兩項採用iProperty Goggles服務發展項目。

鄭興宗稱，若投資者的反應熱烈，該公司將考慮投入更多房產項目在內。

柯米爾說，現國內還有2個發展商已訂購此服務，同時海外如澳門、新加坡發展商也表示有興趣。

他指社交媒體讓生活變得簡單，iProperty Goggles服務降低發展商設立展示廳的成本和時間。這項服務配套收費，為每5間房1萬5000令吉，發展商可選擇展示更多房產項目。【中国报财经】

icy97

卖家违反买卖协议 马星终止购森地段

二零一五年八月十五日 晚上七时五十六分
（吉隆坡15日讯）马星集团有限公司（MAHSING，8583，产业组）已终止以3亿5956令吉，购买一幅位于芙蓉的1051.3英亩黄金地段，因卖家违反了买卖协议。

负责购买该地的独资子公司Grand Prestige发展私人有限公司，今日通过律师致函给卖家，通知说买卖协议是无效和/或撤销。

马星集团向大马交易所报备：“该买卖协议是无效和/或撤销，主要原因包括失实和/或卖家违反买卖协议条款，和/或发生违法事件。”

马星集团还要求卖家退还10%定金（3596万令吉）以及利息。

“董事部认为，撤销这项收购计划符合马星集团和股东的最佳利益。”

该集团上周三（8月5日）透露，有7名人士针对这项收购起诉Grand Prestige。

自称是该土地登记地主/实益拥有人的原告，要求法庭宣判Grand Prestige和卖家于2014年8月11日签署的买卖协议无效。

根据马星集团之前的文告，卖家是所有登记地主和实益拥有人委任的全权受托人。

同时，马星集团在文件中说，今年2月26日完成的配股附凭单计划，筹了6亿2932万3152令吉，其中的1亿720万令吉已被指定用来支付部分的收购金额。

“随着这项收购告吹，如果机会出现，这笔款额计划重新分配到其他潜在购地和/或产业发展活动，例如加快马星集团特定现有项目的发展。”

马星集团还表示，仍将针对这笔资金用途的变动，在股东特别大会上寻求股东同意。

该集团早前宣布，这幅地将用于一项发展总值估计为75亿令吉的综合发展项目，也是该集团首次进军森美兰。

马星集透露：“由于这项发展计划将为期7至8年，并预计在2016年之后才带来收入，因此撤销这项收购计划对短期盈利没有重大影响。”

“任何中长期影响，将可通过发展现有地库和/或在未来收购新地段而获得缓解。”【光华日报财经】

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	(I)        PROPOSED ACQUISITION OF A PIECE OF PRIME FREEHOLD LAND IN MUKIM RANTAU, DAERAH SEREMBAN, NEGERI SEMBILAN FOR A CASH CONSIDERATION OF RM359,557,153.36; AND(II)        VARIATION TO UTILISATION OF PROCEEDS RAISED FROM THE RIGHTS ISSUE WITH WARRANTS
We refer to the announcements dated 11 August 2014, 26 August 2014 and 5 August 2015, in relation to the proposed acquisition and the abridged prospectus dated 26 January 2015 in relation to the rights issue with warrants (“Abridged Prospectus”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the said announcements and Abridged Prospectus. The Board of Mah Sing wishes to announce that Grand Prestige, its wholly-owned subsidiary, had today through its solicitors sent a letter to the Vendors informing that the SPA is void and/or rescinded. The SPA is void and/or rescinded, due to, amongst others, misrepresentation and/or the breach of terms and conditions of the SPA by the Vendors and/or events that are unlawful have occurred. Mah Sing has also demanded for the refund of the deposit being 10% of the Purchase Consideration, equivalent to approximately RM35.96 million, together with interests earned thereon, which is currently deposited in an interest bearing trust account opened and operated jointly by the Vendors and the Vendors’ solicitors. The Board is of the opinion that the rescission of the proposed acquisition is in the best interests of Mah Sing and its shareholders. Mah Sing had raised total gross proceeds of RM629,323,152 from the rights issue with warrants which was completed on 26 February 2015. Approximately RM107.2 million of the total proceeds raised from the rights issue with warrants was earmarked for part payment of the acquisition of the Seremban Land. With the recission of the proposed acquisition, the amount has been proposed to be re-allocated for other potential land acquisitions and/or property development activities such as accelerating the development of Mah Sing’s selected existing projects, should the opportunity arise. The proposed reallocation of the proceeds is in line with Mah Sing’s intention as stated in the Abridged Prospectus. The Board would ensure that the use of the proceeds will be in the best interests of Mah Sing and its shareholders. Mah Sing will be seeking the approval of its shareholders at an Extraordinary General Meeting to be convened on the variation of the utilisation of the proceeds from the rights issue with warrants. As the development would be developed over a period of 7 – 8 years, with revenue contribution estimated to commence only in 2016, the rescission of the proposed acquisition is not expected to have a material effect on the earnings of Mah Sing in the near term. Any medium to long term impact would be mitigated through the development of its existing landbanks and/or new lands acquired in the future. Accordingly, the rescission of the proposed acquisition is not expected to have any material effect on the earnings per share and net assets per share of Mah Sing for the financial year ending 31 December 2015. This announcement is dated 14 August 2015.

icy97

森州条例严苛加重负担 购地不成&#8231;马星因祸得福

财经新闻 财经  2015-08-18 11:30
（吉隆坡17日讯）马星集团（MAHSING，8583，主板产业股）在森美兰的购地计划宣告失败，不过，分析员认为对该公司来说是“因祸得福”。

肯纳格投行分析员指出，鉴于森美兰州政府实行更严苛的土地发展条例，加重发展项目的负担，因此，放弃收购对该公司来说也是好事。

“州政府将土著保留单位条例，从早前的30%，增加至50%；另外，在该州发展项目中的50%建设，必须是可负担房屋。”

在可负担房屋建设条例中，15%售价必须低于8万令吉、15%低于25万令吉、以及20%低于40万令吉。

由于涉及法律诉讼案，导致马星集团放弃芙蓉的收购计划，这其实已在市场预料之内。

分析员认为，相比要耗上长时间进行诉讼，对公司发展带来负面冲击，因此，取消收购计划是最符合公司利益的抉择。

要求索回定金

早前，由于卖方在这项协议中，出现虚假陈述和违反条款行为，马星集团日前宣布，以3亿5955万令吉收购芙蓉一块地皮的协议作废。

此外，公司代表律师也致函卖方，要求索回的10%定金或3596万令吉。

马星集团是通过独资子公司GrandPrestige，收购上述芙蓉地皮，并计划推出发展总值75亿令吉的大型城镇计划，过后发现该地皮已被冻结，并陷入法律诉讼案。

马星集团早前从发行附加股和凭单，筹集总值1亿720万令吉，用做未来的土地收购计划，其中部分资金已投资自芙蓉的购地计划。

负债率降至0.03倍

分析员表示，随着收购项目作废，马星集团2015和2016财年的负债率，将从原本的0.07倍和0.13倍，降低至0.03倍和0.02倍。

“在作废森美兰收购后，我们削减今年至2017财年的预估销售，从早前设下32至48亿令吉，调低至31至44亿令吉，。”

而丰隆投行研究分析员指出，该公司的作废决定，对市场处在消费税后期的低迷氛围来说，是合理的。

分析员认为，马星集团在今年的销售额达30亿令吉，比该公司设下的34亿令及目标低。

马星集团周一收报1.45令吉，下跌3仙或2.03%，成交量为33万8700股。



【南洋网财经】


購地作廢不影響盈利&#8231;馬星次季銷售或走疲
2015-08-19 17:06      
http://biz.sinchew.com.my/node/121165?tid=18

icy97

上半年产业营收增18.7% 马星次季赚9049万

财经新闻 财经  2015-08-27 11:52
（吉隆坡26日讯）马星集团（MAHSING，8583，主板产业股）宣布，截至6月30日次季净赚9049万1000令吉，每股净利达3.77仙，按年涨3.93%。

同期营业额报7亿8048万4000令吉，年增10.7%。

合计上半年，公司净利按年扬10.85%，录得1亿8938万4000令吉，每股净利8.34仙。

同期营业额按年升16.14%，报15亿6462万7000令吉。

在产业发展业务方面，上半年营业额按年增18.7%，录得近14亿令吉，归功于Icon City、M City与Southville City等项目的工程进展顺利，且销量可观。

截至6月杪，公司流动现金企于15.4亿令吉，可为未来的发展计划铺路。

不过，基于营运环境艰巨，马星集团决定暂缓部分产业项目的推介，并把销量目标下修至23亿令吉。

终止收购蒲种地皮

公司原本计划在今年，推出总值34亿令吉的产业，销量目标也定于34亿令吉。

但目前已把今年推出的产业项目总值，减少至20亿令吉。

另一方面，马星集团宣布终止收购蒲种地皮的交易，买卖合约正式作废。

根据合约，卖方可获得1%订金，即660万令吉，其余的9%或5900万令吉，必须在60天内归还给公司。

而公司原本用作购买这块地皮的2.628亿令吉，扣除660万令吉后，还剩2.562亿令吉。

公司将继续用这笔资金，寻找合适的土地，来进行收购，这项建议将在特大上，寻求股东批准。

申请临时禁令 防芙蓉购地定金转移

马星集团宣布，子公司Grand Prestige已申请临时禁令，禁止信托账户的业者，支付、转让或以其他方式处理存款和利息。

根据文告，这场临时禁令的申请已定在9月29日聆审。

此前，芙蓉高等法院已命令业者，禁止实际支付、转让或以其他方式处理账户内的存款和利息。

8月14日，马星集团宣布，以3亿5955万令吉收购芙蓉一块地皮的协议作废，因卖方在协议中出现虚假陈述和违反条款行为。

同时，马星代表律师也致函卖方，要求索回早前支付的10%定金或3596万令吉。【南洋网财经】

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2015	30 Jun 2014	30 Jun 2015	30 Jun 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	780,484	705,019	1,564,627	1,347,218
2	Profit/(loss) before tax	117,180	114,923	247,626	226,299
3	Profit/(loss) for the period	89,971	86,986	187,860	170,640
4	Profit/(loss) attributable to ordinary equity holders of the parent	90,491	87,069	189,384	170,849
5	Basic earnings/(loss) per share (Subunit)	3.77	4.53	8.34	8.92
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		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 ($$)	1.2300		1.5500

icy97

icy97 发表于 30-8-2014 03:05 AM
马星6.6亿蒲种购地 拟推93亿综合项目

财经新闻 财经  2014-08-29 09:28

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	(I)        PROPOSED ACQUISITION OF A PIECE OF LEASEHOLD LAND HELD UNDER PN 95951, LOT 827, PEKAN DESA PUCHONG, DAERAH PETALING, NEGERI SELANGOR ("PROPOSED ACQUISITION"); AND(II)        VARIATION TO UTILISATION OF PROCEEDS RAISED FROM THE RIGHTS ISSUE WITH WARRANTS
We refer to the announcements dated 28 August 2014 and 28 July 2015, the circular dated 16 December 2014 in relation to the Proposed Acquisition and the abridged prospectus dated 26 January 2015 in relation to the Rights Issue with Warrants (“Abridged Prospectus”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the said announcements, circular and Abridged Prospectus. On behalf of the Board of Directors of Mah Sing (“Board”), CIMB Investment Bank Berhad wishes to announce that MS Lakecity has decided not to proceed with the Proposed Acquisition and in accordance with the terms of the SPA, the SPA has been rescinded. Accordingly, the Vendor is entitled under the SPA to 1% of the Purchase Consideration amounting to approximately RM6.6 million as commitment fee and agreed liquidated damages. Pursuant to the SPA, the Vendor shall refund to MS Lakecity the balance 9% amounting to approximately RM59.1 million paid by MS Lakecity to the Vendor within 60 days after the rescission of the SPA. Mah Sing had raised total gross proceeds of RM629,323,152 from the Rights Issue with Warrants which was completed on 26 February 2015. Approximately RM262.8 million of the total proceeds raised was earmarked for part payment of the acquisition of the Puchong Land. The balance amount of RM256.2 million, after deducting RM6.6 million as commitment fee and agreed liquidated damages payable to the Vendor, has been proposed to be re-allocated for other potential land acquisitions and/or property development activities, should the opportunity arise. The proposed reallocation of the proceeds is in line with Mah Sing’s intention as stated in the Abridged Prospectus. The Board would ensure that the use of the proceeds will be in the best interests of Mah Sing and its shareholders. Mah Sing will be seeking the approval of its shareholders at an Extraordinary General Meeting to be convened on the variation of the utilisation of the proceeds from the Rights Issue with Warrants. As the development was to be developed over a period of 10 years, with revenue contribution estimated to commence only in 2016, the rescission of the SPA is not expected to have a material effect on the earnings of Mah Sing in the near term. Any medium to long term impact would be mitigated through the development of its existing landbanks and/or new lands acquired in the future. Accordingly, the rescission of the SPA is not expected to have any material effect on the earnings per share and net assets per share of Mah Sing for the financial year ending 31 December 2015. Furthermore, the Group has remaining gross development value and unbilled sales of RM31.2 billion, providing growth and earnings visibility for at least the next 6 to 8 years. The Group has a strong portfolio of projects within its landbank with remaining gross development value amounting to RM26.4 billion (a majority of which are at planning and introductory stage) as well as remaining unbilled sales of RM4.8 billion. OVERVIEW OF CURRENT MARKET CONDITIONS The current market outlook has been affected negatively by the rising cost of living resulting from the implementation of the goods and services tax, coupled with the weakening of the Ringgit.  This is further amplified by tightening of loans by banks and global financial and economic uncertainties which have led to confidence levels being dampened. In the current challenging environment, Mah Sing will continue a disciplined and prudent approach in its business development decisions, balancing between growth and stability. This announcement is dated 26 August 2015.

icy97

终止蒲种购地利现金流 马星换轻装巩固竞争力

财经新闻 财经  2015-08-28 14:13
（吉隆坡27日讯）马星集团（MAHSING，8583，主板产业股）下修产业销量目标与终止收购蒲种地皮，获分析员认同，相信公司未来可借助“轻资产”优势，购买其他土地。

由于产业领域面临严峻挑战，公司因而下修现财年产业销量目标，从34亿令吉，调整至23亿令吉。

同时，原本计划在今年推出的产业项目总值，也减少14亿令吉，至20亿令吉。

另外，马星集团也终止收购蒲种地皮，扣除600万令吉订金后，公司可获得卖方归还5900万令吉。

分析员唱好

肯纳格投行分析员指出，马星集团正采取非常保守的态度和举措，来应对目前的艰巨环境。

目前，相较于销量增长，公司更加专注于管理流动现金和财务稳定程度，直到市况转好。

虽然下修销量目标与终止收购地皮，的确令人感到“痛苦”，不过，分析员仍看好这些举措。

马星集团不再购买蒲种地皮，预期下财年0.02倍的净负债率，将转成0.1倍的净现金。

公司因而将具备“轻资产”优势，未来有更多的本钱和竞争力，来购买其它土地。

半年盈利符预测

马星集团上半年盈利符合分析员预期，录得1.89亿令吉，按年扬12%。

这归功于销售进账走高，抵消了赚幅萎缩的冲击。

同时，未进账销售企于48亿令吉，可在接下来1年半为盈利带来支撑。

联昌国际投行研究分析员称，马星集团现财年至后财年每股净利预测，下修了8%至19%；目标价也调低19%，至1.82令吉。

不过，公司尚有发展总值260亿令吉的项目，工程可长达6至8年，而且产业领域基本面依旧强稳，相信公司股价可获5%周息率支撑。【南洋网财经】