Latest news with #MSeries
New Straits Times
04-08-2025
- Business
- New Straits Times
Mah Sing expands M Series with M Aurora in Old Klang Road
KUALA LUMPUR: Mah Sing Group Bhd is extending its successful M Series into Old Klang Road with the launch of M Aurora, a freehold serviced residence aimed at delivering smart, sustainable, and attainable city living. Positioned to replicate the success of its fully sold M Oscar project in Sri Petaling, M Aurora is designed to appeal to first-time buyers and urban upgraders seeking modern, well-connected homes at accessible price points. M Aurora is a transit-oriented development. It is situated on a 2.12-hectare plot and is estimated to have a gross development value of RM660 million. The land was acquired last year for RM112.97 million. In a statement, Mah Sing said the development will carry forward the M Series hallmark features—strategic location, modern design, smart home elements, and value-driven pricing—attributes that have consistently resonated with urban homebuyers. Old Klang Road is one of the Klang Valley's most connected corridors, offering direct access to major highways including the Federal Highway, NPE, KESAS, MEX, LDP, and Salak Highway. The upcoming MRT3 Circle Line, located just 2.5 km away and expected to be completed by 2032, is set to further enhance rail connectivity and bolster long-term property values in the area. Mah Sing noted that Old Klang Road is increasingly attracting single professionals and small families working in or near the city centre, with high-rise living offering convenience, security, and low-maintenance lifestyles. M Aurora has also secured provisional GreenRE Silver certification, reinforcing Mah Sing's commitment to sustainable development through eco-conscious design and energy-efficient planning. In a statement, Mah Sing said the development will carry forward the M Series hallmark features—strategic location, modern design, smart home elements, and value-driven pricing—attributes that have consistently resonated with urban homebuyers. Old Klang Road is one of the Klang Valley's most connected corridors, offering direct access to major highways including the Federal Highway, NPE, KESAS, MEX, LDP, and Salak Highway. The upcoming MRT3 Circle Line, located just 2.5 km away and expected to be completed by 2032, is set to further enhance rail connectivity and bolster long-term property values in the area. Mah Sing noted that Old Klang Road is increasingly attracting single professionals and small families working in or near the city centre, with high-rise living offering convenience, security, and low-maintenance lifestyles. M Aurora has also secured provisional GreenRE Silver certification, reinforcing Mah Sing's commitment to sustainable development through eco-conscious design and energy-efficient planning.
New Straits Times
21-07-2025
- Business
- New Straits Times
Mah Sing tops out M Nova in Kepong, eyes completion by Q2 2026
KUALA LUMPUR: Mah Sing Group Bhd has marked a key milestone in the development of M Nova, its third residential project in Kepong, with the successful topping-out of the building structure. The project has reached 68 per cent structural completion and remains on track for full completion by the second quarter of 2026. Commenting on the achievement, Mah Sing's founder and group managing director, Tan Sri Leong Hoy Kum, said, "The topping-out of M Nova marks a significant milestone in our journey to deliver thoughtfully designed homes in thriving neighbourhoods. We are encouraged by the positive response from homebuyers, and with the project progressing well, M Nova only has limited units available for sale. This reflects the sustained demand for affordably priced homes in well-established areas such as Kepong and Selayang." He added that M Nova follows the success of Lakeville Residence and M Luna, further reinforcing Mah Sing's presence in the area: "This is our third residential project in the area, following the success of our earlier developments – Lakeville Residence and M Luna. We remain committed to delivering more value-driven homes with lifestyle features and excellent connectivity to homebuyers. Moving forward, we will continue to acquire strategic land banks to expand our M Series and meet the evolving needs of urban dwellers." With a gross development value (GDV) of RM790 million, M Nova is a mixed-use development comprising three blocks of serviced residences. Unit sizes range from 700 to 1,000 sq ft, offering 2-, 3-, and 4-bedroom layouts. The project also features 11 retail lots, including a drive-thru retail concept, enhancing convenience for both residents and the surrounding community. Yeoh Chee Beng, chief executive officer of Mah Sing's property subsidiaries, noted that M Nova is designed for modern urban lifestyles. He said that M Nova caters to first-time homebuyers, young families, and professionals seeking practicality, comfort, and connectivity. "Each unit features a practical layout that maximises both space and functionality. Complementing the residences are over 20 curated lifestyle facilities, including a reflexology garden, outdoor fitness zone, badminton court, pool deck and co-working spaces. These offerings reflect our commitment to building quality, community-focused homes that support modern living." Mah Sing also celebrated a key safety milestone, having achieved over 3.5 million man-hours without any lost-time injury (LTI). This reflects the company's strong commitment to safety, quality, and responsible construction practices, supported by its health, safety, and environment team, which regularly conducts site safety briefings and awareness programmes. Strategically located in Kepong, M Nova enjoys excellent connectivity via three major highways - MRR2, DUKE Expressway, and Jalan Kuching - offering residents seamless access to the Kuala Lumpur city centre and surrounding areas.
New Straits Times
06-07-2025
- Business
- New Straits Times
Mah Sing property sales on track for RM2.65bil target
KUALA LUMPUR: Mah Sing Group Bhd's sales momentum is expected to remain steady, supported by its latest township, M Legasi in Semenyih, MIDF Research said. Mah Sing continues to record strong sales, securing total new property sales of RM1.01 billion in the first five months of the financial year ending Dec 31, 2025. The research house said the company remains on track to achieve its full-year new sales target of RM2.65 billion, supported by its affordable housing-focused M Series projects. "We expect M Series projects, which are priced within an affordable range, to continue sustaining new sales momentum. "Aside from M Legasi in Semenyih, planned launches in the second half of financial year 2025 (2HFY25) include Meridin East in Johor Bahru, M Tiara 2 & Tiara Hills in Johor Bahru, M Grand Minori in Johor Bahru, M Aurora in Old Klang Road, M Aria in Sentul, M Zenni in Southbay City Penang and Icon City 2 in Petaling Jaya," it said. Under the master plan concept, M Legasi will be developed into three precincts: Impira precinct on 100 acres of land, Adiya precinct on 93 acres of land, and Embun precinct on 287 acres of land. MIDF Research noted that Phase 1A and 1B in the Impira precinct, which consist of 330 individual-titled two-storey terrace home units, have recorded an encouraging take-up rate of 80 per cent. "We believe the decent take-up rate was due to the affordable pricing starting from RM635,000," it said. Overall, the firm has maintained its earnings forecast for Mah Sing for financial year 2025 (FY25), financial year 2026 (FY26), and financial year 2027 (FY27). The firm has also maintained its "Buy" call on the stock with an unchanged target price of RM1.37. "We maintain our Buy call on Mah Sing due to the stable new sales outlook, which is underpinned by launches of affordable residential projects. Meanwhile, dividend yield is decent at 3.9 per cent," it added.
Yahoo
24-06-2025
- Business
- Yahoo
Vuzix (VUZI) Receives $5 Million Investment from Quanta, Achieves Waveguide Production Targets
Vuzix Corporation (NASDAQ:VUZI) is one of the 7 most popular AI penny stocks under $5 to avoid. On June 16, the company received a $5 million second tranche investment from Quanta Computer, a global Original Design Manufacturer (ODM) and strategic partner. SFIO CRACHO/ This latest investment brings Quanta's total investment in Vuzix to $15 million, although the total anticipated investment from the company is $20 million. According to Vuzix, this latest capital injection 'strengthens' the partnership between Vuzix and Quanta and 'expands' Vuzix's waveguide production capabilities. The investment was made in the form of a convertible note with a conversion price of $8.00 per share. Meanwhile, Vuzix has successfully achieved its waveguide production and yield targets. The company successfully scaled its proprietary waveguide manufacturing process to meet the growing demand for its solutions. This milestone is crucial for enhancing the company's state-of-the-art waveguide manufacturing capabilities. Vuzix said that the capital injection and the achievement of a key milestone position it to deliver affordable, lightweight, and performance-driven AI smart glasses for mass-market adoption. Vuzix Corporation (NASDAQ:VUZI) is a New York-based technology company. It designs and sells smart glasses and augmented reality (AR) products. Some of its products already in the market include wearable display devices like the Vuzix Blade, M Series, Shield, and Z100, as well as waveguide optics and display engines. The company also provides engineering services and OEM/ODM solutions. While we acknowledge the potential of VUZI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None.
Forbes
21-06-2025
- Forbes
When Will Apple Launch The New MacBook Air And MacBook Pro?
A MacBook Pro is displayed inside the Apple Carnegie Library store on May 30, 2025 (Photo by Kevin ...) While the main iPhone line has its launch date fixed to early September, the Mac portfolio, especially the MacBook Pro and MacBook Air laptops, has been adrift in the calendar for many years. Thankfully, Apple is settling into a steady rhythm of new releases across its hardware portfolio, bringing some stability to the Mac announcements. For many, that means regular updates to the MacBook Pro and MacBook Air laptops. Finding An Annual MacBook Pro Schedule Apple has indicated that it now prefers annual updates on software and hardware. The recent move to unify the various operating systems to a single number pointing to the year where it will be dominant only works with annual refreshes on the cardinal number and the associated software. The key hardware upgrade is the Apple Silicon chipset. Over the last five years, Apple has rolled out five major versions of the M-Series chipsets. Through these, Tim Cook and his team have worked to bring the chaotic laptop releases under some control. It now looks like the patterns set in 2024 will continue in 2025 and 2026, which lets us start putting some dates into the calendar. And it's the Apple Silicon M-Series that highlights Apple's consistent upgrade path. MacBook Pro's iPad Pro Barrier The current MacBook Pro was launched in late October 2024, five months after the Apple Silicon M4 chipset debuted with the iPad Pro M4. That happened one month before Apple's Worldwide Developer Conference. That iPad captured the love and 'new car smell' of the Apple Silicon M4 away from the Mac family. That's not the case this year; not only has a new iPad Pro been announced, but WWDC has also been and gone with no announcement of the Apple Silicon M5. With roughly eighteen months between each of the last three models, this doesn't come as a huge surprise, given we're looking at cadences. That should clear the way for the M5 to arrive inside new Mac products.. When Will The New MacBook Pro M5 Arrive Apple first launched the MacBook Pro with the M1 Max and M1 Pro chips on Oct. 18, 2021. The M2 Pro and M2 Max models arrived later in the cycle, on Jan. 17, 2023. Normal service resumed on Oct. 30 2023 with the M3 Pro and M3 Max models, with Oct 30. 2024 seeing the M4 Pro and M4 Max models (alongside the vanilla M4 model). There are enough signs from the supply chain that Apple's pre-release activities are following the same schedule as last year, for example, the Apple Silicon M5 chipsets are now in production. The schedule has been confirmed throughout the year. Oct. 30th is a Thursday this year. Apple tends to go earlier in the week for a launch, so it's likely Tuesday, Oct. 28th or Wednesday, Oct. 29th. Either way, Halloween week is the safest bet so far. And perhaps for more than the MacBook Pro. The MacBook Pro M5 Competition As for the eighteen-month window on the iPad Pro, that points to a similar late October launch. Apple will be considering a launch of the iPad Pro M5 alongside the MacBook Pro M5. Both the laptop and the tablet are geared towards different markets with different scenarios, and launching them together to complement each other would allow for the similarities of macOS and iPadOS to be demonstrated, as well as illustrating the different approaches Apple's mobile computing teams have taken. It's worth noting that the current M4-powered MacBook Air was launched in early March 2025, some ten months after the reveal of the M4 chipset in the iPad Pro, putting the consumer-focused laptop close to a year behind the current technology, while still giving the appearance of sitting on the cutting edge. Will The MacBook Pro M5 Be Enough All of this stands in the shadow of one key detail around the MacBook Pro M5… that it will be little more than an internal upgrade to allow for the Apple Silicon bump. The external design changes—including the long-awaited arrival of an OLED display—may be waiting for the M6-powered model in 2026. Now read the latest MacBook Pro, iPhone and WWDC headlines in Forbes' weekly Apple news digest...
