Kuala Lumpur, August 1 – Mah Sing Group Berhad has appointed Ho Hon Sang as chief executive officer (CEO) cum executive director effective 1 August 2016. He takes over from Ng Chai Yong who has resigned to pursue other interests
“Chai Yong has contributed to the strong performance of Mah Sing Group and we appreciate his commitment in leading the team over the past few years. We are pleased to welcome Hon Sang into the Mah Sing family, and we believe his in-depth property industry experience and strong network will help drive Mah Sing to the next level of growth,” said Mah Sing’s founder and Group Managing Director Tan Sri Dato’ Sri Leong Hoy Kum.
Mah Sing Group is aggressively rolling out new launches. Over the past weekend, they launched Tower A of Cerrado Residential Suites in Southville City, KL South, and all 404 units were fully taken up. Mah Sing collaborated with Bank Simpanan Nasional (BSN) to showcase the Youth Housing Scheme which offers up to 100% funding for eligible first time homebuyers of the Cerrado units priced from RM357,000.
Another project which qualifies for the scheme is Meridin East in Pasir Gudang, Johor, which will be officially launched on 6 and 7 August. Located along Jalan Kong Kong, the 1313 acre Meridin East is Mah Sing’s biggest integrated mixed development, and will enjoy direct access from the Senai-Desaru Expressway.
On 13 and 14 August, the Group will launch its Ferringhi 2 project on Penang island. With proposed future development to ease accessibility, the project will be suitable for home upgraders and families due to its vicinity to various amenities and international school.
Tan Sri Dato’ Sri Leong noted, “We are keeping very busy, and moving forward we have exciting plans for Mah Sing. Hon Sang’s rich experience dovetails with Mah Sing’s stable of diverse projects which are spread across Malaysia’s key economic hotspots. “
Mr Ho has more than 30 years of experience in the property development industry, engineering, consultancy, road privatization and general management. He holds a Bachelor of Engineering (Honours) degree from the University of Malaya and is a Member of the Institute Engineers of Malaysia and the Board of Engineers of Malaysia. Ho began his professional career as an engineer involved with the development of the North South Expressway and previously served as the Chief Executive Officer of Sunsuria Bhd.
He was also the managing director of the Property Development Division of Sunway Berhad. Over the course of his career, Ho was involved in property development and property investment projects ranging from masterplanned townships and integrated developments with retail, commercial, educational, medical, hospitality and leisure components.
In his new role at Mah Sing, Ho will provide assistance to Tan Sri Dato’ Sri Leong Hoy Kum in steering the Company to achieve greater heights. Armed with his many years of experience, Ho will provide strategic advice to the board of directors, share insights for employees’ performance improvement and presides over the organization’s day-to-day operations.