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Mah Sing named in Fortune SEA 500 list for second year
Mah Sing named in Fortune SEA 500 list for second year

The Star

time2 days ago

  • Business
  • The Star

Mah Sing named in Fortune SEA 500 list for second year

KUALA LUMPUR: Mah Sing Group Bhd has been recognised as one of the region's leading companies, earning a place in the Fortune Southeast Asia 500 List for the second consecutive year. In a statement today, the property developer company said this recognition underscores Mah Sing's continued regional prominence and its proven track record in delivering sustainable growth, operational excellence, and customer-focused developments. Its founder and group managing director Tan Sri Leong Hoy Kum said the recognition is a testament to the team's commitment, the brand's strength, and the confidence customers have in the company. "As we celebrated our 30th anniversary last year, we remain focused on creating value for the Malaysian homebuyers and contributing to the nation's growth through quality developments,' he said. For the financial year ended Dec 31, 2024, Mah Sing recorded a revenue of RM2.52 billion, reflecting the group's ability to navigate market conditions through disciplined execution, strategic product offerings, and a focus on operational efficiency. The company also achieved RM1.01 billion in new property sales during the first five months of 2025, compared to RM992 million achieved in the same period in the preceding year. "This growth is driven primarily by the continued strong take-up of its 'M Series' affordable homes, which offer strategic locations, practical layouts, and competitive pricing to meet the needs of Malaysian homebuyers,' Mah Sing added. - Bernama

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