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NewsMah Sing down in line with cautious market
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Mah Sing down in line with cautious market
by hlk Tue 19 Jul 2011, 13:02
KUALA LUMPUR: Shares of MAH SING GROUP BHD [] fell in active trade in late morning on Tuesday, July 19 in line with the broader cautious market.
At 11.18am, it was down 12 sen to RM2.23 with 2.71 million shares done.
The FBM KLCI fell 4.49 points to 1,558.09. Turnover was 280.82 million shares valued at RM437.68 million. There were 144 gainers, 364 losers and 245 stocks unchanged.
Investors were cautious despite positive news from Mah Sing Group’s launch of its RM3.2 billion flagship project, Icon City in Petaling Jaya, raking in sales of RM426.5 million over the weekend.
The Edge FinancialDaily reported Icon City is located at the intersection of the LebuhrayaDamansara-Puchong (LDP) and Federal highways.
Group managing director Tan Sri Leong Hoy Kum said the company will invest some RM100m in a comprehensive traffic dispersal system to improve access.
At 11.18am, it was down 12 sen to RM2.23 with 2.71 million shares done.
The FBM KLCI fell 4.49 points to 1,558.09. Turnover was 280.82 million shares valued at RM437.68 million. There were 144 gainers, 364 losers and 245 stocks unchanged.
Investors were cautious despite positive news from Mah Sing Group’s launch of its RM3.2 billion flagship project, Icon City in Petaling Jaya, raking in sales of RM426.5 million over the weekend.
The Edge FinancialDaily reported Icon City is located at the intersection of the LebuhrayaDamansara-Puchong (LDP) and Federal highways.
Group managing director Tan Sri Leong Hoy Kum said the company will invest some RM100m in a comprehensive traffic dispersal system to improve access.
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