Mah Sing Funding Exercise in 2016

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With the good performances in these few years, Mah Sing Group Bhd maintains a beautiful record of dividend payout ratio of more than 40% for the 10 consecutive years since 2016. Overally Mah Sing Group Bhd would be a good choice for long term investment.

Reinvent spaces. Enhance life.

IMPLICATIONS/LESSON LEARNT

Firstly, we gain insights into how a real estate investment company works. The investors and potential investors of this sector are indeed required a lot of knowledge or sufficient information regarding the targeting company before making investment decision. As we also learn that it does not only judge the company by its financial performance but also many other influencing factors like the economic outlook.

Different investors measure the pay off by different meaning. Some are willing to take higher risk to get higher return but some might not think so. On the other hand, some investors are looking for a quick return investment instead of the illiquid investment like Mah Sing Group Bhd. From this point, we have learnt the importance of liquidity of a company as this would be the first information the investors will look into.

In addition, knowing the company’s competitor’s position in the marketplace is important as it will help the investors and potential investors to predict the opportunities and threats in the short and long term before making an investment decision. With working hard, everything is possible. By doing more research on the competitors or the companies in similar industry will definitely help the investors to invest in the right company with their desired return.

Last but not least, annual report is an important documents for the investors. We need a certain level of knowledge to understand the contents fully because it covers a lot of accounting standards and rules. With the information stated in the annual report, investment decision can be made easier by referring to it. Overally, there are so much for us to learn in this field and it motivated us to have the intention in gaining more knowledge in finance.

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APPENDIX

Figure 1: Mah Sing Group Bhd won award on its perpetual sukuk

[pic 1][pic 2][pic 3]

Source: iProperty News Team

Figure 2: Financial highlights of Mah Sing Group Bhd

[pic 4]

Source: Mah Sing Group Bhd

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Figure 3: News extract about Mah Sing Group Bhd on 2 February 2013

[pic 5][pic 6][pic 7][pic 8]

Source: The Star Online

Figure 4: Financial highlights of S P Setia Bhd Group

[pic 9]

Source: S P Setia Bhd Group

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Figure 5: News extract about Mah Sing Group on 7 March 2017

[pic 10][pic 11]

Source: Kenanga Research

Figure 6: News extract about Aeon Credit Service (M) Bhd

[pic 12][pic 13]

Source: The Sun Daily

Figure 7: Note extracts from annual report 2016 of Mah Sing Group Bhd

[pic 14]

Source: Mah Sing Group

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REFERENCES

[MAHSING] Rights Issue on 07-Feb-2013 | I3investor. Klse.i3investor.com. Retrieved 6 May 2017, from https://klse.i3investor.com/entitlement/8583/07-Feb-2013/11459_3371612288.jsp

Aeon Credit issues RM100m perpetual bonds. (2013). Thesundaily.my. Retrieved 6 May 2017, from http://www.thesundaily.my/news/894349

Boyte-White, C. (2014). What is a good gearing ratio?. Investopedia. Retrieved 6 May 2017, from http://www.investopedia.com/ask/answers/121814/what-good-gearing-ratio.asp

Mah Sing Group - Perpetual Bond Issuance - Kenanga Research & Investment | I3investor. (2017). Klse.i3investor.com. Retrieved 6 May 2017, from https://klse.i3investor.com/blogs/kenangaresearch/117733.jsp

Mah Sing Group - Reinvent spaces. Enhance life.. (2016). Mahsing.com.my. Retrieved 6 May 2017, from http://www.mahsing.com.my/topic/financial-highlights

Mah Sing Group Bhd's RM540 million perpetual sukuk wins IFN's award. (2016). Focus.iproperty.com.my. Retrieved 5 May 2017, from http://focus.iproperty.com.my/news/861/mah-sing-group-bhds-rm540-million-perpetual-sukuk-wins-ifns-award#R1dIxDY3cqUygq2X.97

Malaysia's Leading Property Developer - S P Setia Bhd Group. (2017). Spsetia.com.my. Retrieved 6 May 2017, from http://www.spsetia.com.my/corporate/group-financial-highlights.asp

Sime Darby Successfully Raised RM2.2 billion of Perpetual Sukuk Wakalah - Press Releases - Media - Sime Darby Group. (2016). Simedarby.com. Retrieved 6 May 2017, from http://www.simedarby.com/media/press-release/sime-darby-successfully-raised-rm2-2-billion-of-perpetual-sukuk-wakalah

Sime Darby Successfully Raised RM2.2 billion of Perpetual Sukuk Wakalah - Press Releases - Media - Sime Darby Group. (2016). Simedarby.com. Retrieved 6 May 2017, from http://www.simedarby.com/media/press-release/sime-darby-successfully-raised-rm2-2-billion-of-perpetual-sukuk-wakalah

Staff, I. Risk-Return Tradeoff. Investopedia. Retrieved 6 May 2017, from http://www.investopedia.com/terms/r/riskreturntradeoff.asp

Tee, L. (2013). Mah Sing has the eye for big deals - Business News | The Star Online. Thestar.com.my. Retrieved 6 May 2017, from http://www.thestar.com.my/business/business-news/2013/02/02/mah-sing-has-the-eye-for-big-deals/