Mah Sing’s team giving a thumbs up at Malaysia Developer Awards 2022.
KUALA LUMPUR: Mah Sing Group Bhd (Mah Sing) is named as one of Malaysia’s top 10 developers under the Top-Of-The-Chart Awards (for market cap RM1bil and above) at Malaysia Developer Awards (MDA) 2022, adding another impressive achievement for the group this year.
A collaboration between Star Media Group and FIABCI-Malaysia, the prestigious MDA 2022 serves as a benchmark for property developers, evaluating them holistically, from the company's financial standing to the delivery of the end product.
The award was presented by Ministry of Housing and Local Government Secretary-General Datuk M Noor Azman Taib to Mah Sing group strategy and operations director Lionel Leong. Mah Sing group chief executive officer Datuk Ho Hon Sang and the senior management team were also present to show their support and to celebrate the achievement that night.
The MDA award recognises Mah Sing’s ongoing commitment to developing high-quality homes with well-designed features for Malaysians, further solidifying the group’s position as one of Malaysia’s leading property developers.
As one of Malaysia’s most active developers, Mah Sing is scouting for new landbanks in Klang Valley, Johor and Penang to develop its affordable M series. The group’s new launches this year recorded good take-up rates such as M Senyum Camellia 2 (96%), Erica @ Meridin East Phase 3 (100%) and M Panora Phase 1A (100%) Other than that, the group officially launched a new sales gallery for M Nova, which is its third project located in Kepong. M Nova is targeted to launch in Q42022. The group will continue launching projects which meet current market demand.
Lionel Leong (second from right) receiving the award from Noor Azman (second from left).
Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the collaboration between Star Media Group and FIABCI-Malaysia undoubtedly creates a larger stage and a higher platform for property developers to be recognised for their tireless efforts in the industry and our country.
"Since my venture into this industry in 1994, I've had a vision of becoming a nation builder who creates developments with communities in mind. This conferment by both Star Media Group and FIABCI-Malaysia is giving Mah Sing a booster shot, motivating us to strive harder and soar higher, especially post-pandemic,” he said.
In 2021, Leong was conferred by FIABCI’s Malaysia Property Award as the Property Man 2021. Mah Sing was also recently awarded the ESG Impact Awards for the Property Development industry category by the Malaysia SDG and ESG Impact Awards 2022.
“Another cause that is very close to our hearts is growing the business in a sustainable manner. Climate Change Reporting has been added to the Sustainability Reporting Framework for companies listed on the Main and ACE Markets by Bursa Malaysia. However, I would like to encourage all businesses to take the first step by developing sustainability plans and goals. The group is currently embarking on and has established a transition plan for the implementation of the Task Force on Climate-Related Financial Disclosures (TCFD). Simultaneously, we are fine-tuning and improving meaningful reporting through links to UN Sustainable Development Goals with KPIs and targets on our material matters,” he said.
Mah Sing’s sustainability efforts can be seen on the company’s property development, as well as the manufacturing business, prioritising environmental, social and governance (ESG) factors in its decisions and actions.
Mah Sing’s Sustainability Policy underpins the Group’s sustainability framework and reflects the Board’s and the Management’s commitment to prioritise sustainability as key to the Group’s value creation approach. Mah Sing is also a constituent of FTSE4Good and is one of the Top 25% of public-listed companies in terms of ESG Ratings in FBM EMAS that have been assessed by FTSE Russell.
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