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MAH SING: Venturing into new markets overseas

Known for its shrewd land acquisition and fast project turnaround strategies, Mah Sing Group Bhd wants to leverage on its local success by venturing into new markets overseas. The group aims to launch its maiden project in China by the first half of 2011. Group managing director cum chief executive Tan Sri Leong Hoy Kum says going offshore is one of the steps needed to realise the group’s aim to be a regional property player. Within the next five years, Mah Sing is targeting sales from overseas to contribute 30% of its sales. It may also consider other countries like Singapore, Indonesia and Australia if there are opportunities. (StarBiz)