Making Headlines

19 December, 2024

Making Headlines

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Mah Sing Acquires Land Near RTS Link From SP Setia For RM156.8 Million

Mah Sing Group Berhad announced that it has acquired of 5.99 acres of freehold land at Taman Pelangi, Johor Bahru just 3km from the upcoming Johor-Singapore Rapid Transit System (RTS) Link’s Bukit Chagar Station. The new land will be named M Grand Minori and is planned for the development of premium serviced apartments and some retail units with an estimated gross development value (GDV) of approximately RM1.5 billion. The development is aimed at a diverse range of buyers, including first-time homeowners, upgraders from nearby established townships, Malaysians working in Singapore, Singaporeans, and other foreign buyers and registration of interest is expected to begin in the second quarter of 2025.
Source: Business Today
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Admiral (R) Tan Sri Dato' Seri Abu Bakar Bin Abdul Jamal

Chairman/Independent Non-Executive Director

NATIONALITY: Malaysian

DATE OF APPOINTMENT: 1 August 2023

ACADEMIC / PROFESSIONAL QUALIFICATION(S)

Admiral (R) Tan Sri Dato’ Seri Abu Bakar Bin Abdul Jamal was the 10th Chief and the first four-star Admiral of the Royal Malaysian Navy. Admiral (R) Tan Sri Abu Bakar served the Royal Malaysian Navy for almost 40 years both at the staff and command levels culminating in the highest office of The Chief of Navy from 1998 to 2002.

Admiral (R) Tan Sri Abu Bakar was the former Chairman of Affin Fund Management Berhad and also the former Chairman of several companies covering diverse industries post his retirement including naval and marine, property development, construction and automative. He was also a former Board member of Lembaga Tabung Angkatan Tentera (Armed Forces Fund Board).

In recognition of his services not only to Malaysia but also towards promoting international and regional understanding and peace, Admiral (R) Tan Sri Abu Bakar was bestowed the Panglima Setia Mahkota award carrying the title Tan Sri. In addition, he also received international recognition in the form of the following awards:

  1. Bintang Jalasena Utama by Indonesian President Abdul Rahman Wahid on 28 August 2000
  2. Legion of Merit by United States President Bill Clinton on 6 October 2000
  3. Knight Grand Cross of the Most Noble Order of the Kingdom of Thailand by His Majesty King Bhumibol Adulyadej R on 24 February BE2544 (Gregorian 2001)
  4. Legion d’ Honneur by President of France, Jacques Chirac on 17 June 2001

There is no family relationship between him and any director and/or major shareholder of the Company.