KUALA LUMPUR, Mah Sing Group Bhd saw its shares edge up in early trade Thursday, buoyed by the launch of its M Grand Minori development in Johor.
As of 10.13 am, the stock rose two sen to RM1.21, with 1.21 million shares changing hands.
The M Grand Minori project marks Mah Sing’s first premium development under its M Grand Series in Johor, boasting an estimated gross development value (GDV) of RM1.5 billion.
According to the company, Phase 1 of Tower A—featuring 843 serviced apartment units—achieved a 90% take-up rate within a single weekend, signalling strong market interest.
Situated on 2.42 hectares of freehold land in the well-established Taman Pelangi neighbourhood, the project is just three kilometres from the future Bukit Chagar Johor Bahru-Singapore Rapid Transit System (RTS) Link station.