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Mah Sing Gets 220.8 Million Ringgit Bulk Sale From Chinese Firm

Oct. 10 (Bloomberg) -- Mah Sing Group Bhd. secured a bulk sale of 96 units valued at 220.8 million ringgit in its Icon Residence condominium project from a Chinese company, according to an emailed statement today.

The Chinese company will build the project in return for the 96 units, Mah Sing said. The units were sold at an average 1,200 ringgit per sq ft, it said.

Link to Company News:{MSGB MK <Equity> CN <GO>}

To contact the editor responsible for this story: Chan Tien Hin at thchan@bloomberg.net

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