PETALING JAYA: Analysts are mostly positive about Kuala Lumpur Kepong Bhd ’s (KLK) strategic joint venture (JV) with Mah Sing Group Bhd to develop an industrial park in Kulai, Johor. Meanwhile, MBSB Research said it expects the partnership between KLK and Mah Sing to be mutually beneficial and strategically positioned to enhance KLK’s industrial business. The collaboration capitalises on KLK’s sizeable land holdings, while leveraging Mah Sing’s proven development capabilities and strong brand equity in Johor. The proceeds may enhance shareholder value, either through a potential special dividend payout or via reinvestment into new brownfield estates,” said MBSB Research. The research house kept its “neutral” call on KLK with an unchanged TP of RM20.23 per share.

Source: The Star December 28, 2025 23:30 UTC