From left, top, are Mah Sing’s chairperson/senior independent director Tan Sri Siti Norma Yaakob; founder and group MD Tan Sri Leong Hoy Kum; independent director Ho Kim Poi; executive director Datuk Seri Leong Yuet Mei; independent director Abd Malik A Rahman; group CEO, Datuk Ho Hon Sang and executive director Datuk Steven Ng Poh Seng.’s healthcare business has got off to a strong start after it secured long-term glove orders which takes up to four glove dipping lines’ production capacity.
“These 12 lines makes up phase one of Mah Sing’s glove manufacturing business which is expected to contribute positively to the group’s earnings for the financial year ending 2021, ” it said in a statement after its 29th AGM which was held virtually. “We have also continuously received enquiries from distributors and customers around the world and are currently in negotiation with more interested parties to lock down their orders. We are planning to explore further expansion if the demand continues to outstrip supply, ” Ho said.
Mah Sing is on track to meet the RM1.6bil sales target for 2021, with the group recording property sales of RM650.50mil in January to May this year, which was 40% of its sales target. “We hope homebuyers will take the opportunity to leverage on current low interest rate environment and the extended Home Ownership Campaign by the government to lock in their dream homes, ” Leong said,
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