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Once Again Named Winner Of Malaysia’s Best Managed Companies 2024

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Publish date: Mon, 26 Aug 2024, 09:01 AM

Kuala Lumpur, 2024 - Mah Sing Group Berhad (Mah Sing) has been once again named a winner of Malaysia’s Best Managed Companies 2024 with its industry-leading performance, excellent business practices and sustained growth. This recognition reflects Mah Sing’s robust performance, strategic expansion and commitment to excellence in delivering value to stakeholders.

Aimed to inspire, celebrate, and build a community of private businesses that create a positive impact in their industries and communities, the Best Managed Companies awards evaluate businesses based on four core pillars of strategy, culture and commitment, capabilities and innovation, as well as governance and financials.

Mah Sing’s Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum said, “We are truly honoured to be recognized as one of Malaysia’s Best Managed Companies 2024 once again. This accolade underscores our team’s dedication, resilience and innovative spirit in pursuing excellence in all that we do. We remain dedicated to continued business growth, maximizing shareholder returns and delivering innovative high-quality and affordable products to our customers. We will continue to expand our residential and industrial developments to enhance the quality of life of our residents and contribute positively to the nation. As a leading property developer, I envision Mah Sing not only excelling in property development but also achieving excellence across all our endeavours.”

Malaysia’s Best Managed Companies awards programme is one of the country’s leading business programmes that recognise innovative and world-class private businesses. Every year, aspirational companies compete for this designation through a rigorous and independent evaluation process, benchmarked against a global standard framework applied across more than 1,300 Best Managed Companies in 46 countries worldwide.

Mah Sing, hailed as the ‘King of Urban Residential Projects’ by an industry analyst, boasts a successful 30-year history as a fast turnaround developer. With 59 projects and an estimated total gross development value (GDV) of RM59.6 billion (as at July 2024), the Group excels in high-rise residences, integrated townships, commercial offices, retail spaces, SoHo, industrial developments and upcoming data centres. The Group’s popular M Series developments have shown remarkable results with high take-ups, aligning well with market demand. These projects are known to be strategically located in established neighbourhoods, attractively priced, offer practical layouts, excellent connectivity and accessibility.

Best Managed Companies Leader, Deloitte Southeast Asia, Chua How Kiat said, “The winners of Best Managed Companies awards stand out for their innovation, purpose-driven value creation, industry leadership, commitment to sustainability, active talent engagement and customer-centric mindset. Having witnessed the evolution of the winners through the awards process, particularly for those who have participated over recent year, it is remarkable to see how they raised the bar for success among private businesses in the region.”

Best Managed is a flagship program presented by Deloitte Private, a division of Deloitte exclusively focused on serving private clients of all sizes.

 

https://www.theedgemarkets.com/content/advertise/once-again-named-winner-of-malaysia-best-managed-companies-2024

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