(From left) Mah Sing group managing director and founder Tan Sri Leong Hoy Kum, Housing and Local Government minister Zuraida Kamaruddin and Mah Sing chief operating officer Yeoh Chee Beng looking at the M Adora project model at the launch of M Adora sales gallery at Wangsa Maju.
KUALA LUMPUR: Maybank Investment Bank Research has upgraded its outlook on Mah Sing Group Bhd
on the back of its new venture into healthcare related products and potential policy-easing measures, which could lift buying interest in properties.
"We raise our TP to MYR0.64 on 0.4x FY21 PBV (based on the updated -2SD of mean) and upgrade Mah Sing to tactical BUY," said the research house.
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