KUALA LUMPUR: Mah Sing Group Bhd has been awarded the “Best Developer” in the Euromoney Real Estate Awards 2011. The Top Developer Award is the single most important category in the developers’ award and honours only one developer in each country. This is the third time that the Group has been awarded as Best Developer Malaysia since the inception of the awards 7 years ago.

The organizer, Euromoney, is a leading publication focused on international real estate financial markets. The award canvasses the opinions of real estate developers, advisors, financial institutions, investors and end-users worldwide. In the 2011 survey, there were 1,272 valid responses, a 19.3% increase from the 1,066 responses received in 2010. Mah Sing’s Group Managing Director and Group Chief Executive Tan Sri Dato’ Sri Leong Hoy Kum said “We are more than happy that our efforts have been recognized and I would like to attribute our success today to all our team members who are dedicated, skilled and loyal professionals who helped to accelerate the success of the Group.” “We are gratified to win the award a third time as voted by a team of peers and other professionals. Our business decisions are based on unlocking and maximizing the value in the company’s assets, prudent financial planning and improving capital efficiency.

We also believe that effective two-way communication with investors not only inspires confidence towards the Group, but also demonstrates our commitment in promoting good corporate governance. We will continue to enhance and protect shareholder value with well-planned corporate strategies as thanks for their trust and confidence,” he added.