Mah Sing Group Berhad and UEM Sunrise Berhad are two leading property developers in Malaysia. The corporate profile of these two companies is as follows:

Mah Sing Group Berhad was listed on the Main Board of Bursa Malaysia in 1992 and ventured into property development in 1994. Mah Sing is one of Malaysias fully integrated developers with residential, commercial and industrial developments. The Group currently has 47 projects (34 ongoing) in Greater Kuala Lumpur and Klang Valley, Penang, Johor as well as Sabah. A leading property developer in Malaysia, Mah Sings diverse portfolio includes master planned townships, integrated developments, Grade A office buildings, retail projects and industrial developments. For more than two decades, Mah Sing has continuously created iconic developments that have won over 200 domestic and global awards for company performance, corporate governance, product design, concept, innovation and quality. Mah Sing has launched numerous big projects with luxury in mind. Some of the notables are Icon Residence (Mont Kiara), M City (Jalan Ampang), M Residence (Rawang), Icon City (Petaling Jaya), and Ferringhi Residence (Batu Ferringhi, Penang).

UEM Sunrise Berhad is a public-listed Company and one of Malaysias leading property developers. It is the Flagship Company for township and property development businesses of UEM Group Berhad and Khazanah Nasional Berhad. UEM group is wholly-owned by Khazanah, the strategic Investment fund of the government of Malaysia. The Company has core competencies in macro township development; high-rise residential, commercial, retail and integrated developments; as well as property management and project & construction services. The company is renowned for its numerous award-winning high-rise and landed residential; commercial and mix-use developments in Iskandar Puteri, Kuala Lumpur's affluent Mont' Kiara enclave, the Kuala Lumpur City Centre, Cyberjaya, Shah Alam, Bangi and Seremban.

Selected ratios for the three financial years of 2015, 2016 and 2017 are as follows:

	Mah Sing Group			UEM Sunrise Group
	2017	2016	2015	2017	2016	2015
Activity Ratios
Total Asset Turnover	0.41	0.48	0.47	0.20	0.14	0.15
Fixed Asset Turnover	18.71	21.49	28.38	7.70	6.14	7.48
Liquidity Ratios
Current Ratio	3.00	3.10	3.43	2.56	2.25	3.02
Quick Ratio (Acid-Test)	2.63	2.86	3.30	2.35	2.02	2.78
Profitability Ratios
Gross Profit Margin	26.12%	25.20%	25.55%	28.27%	27.72%	30.01%
Net Profit Margin	12.23%	12.24%	12.46%	8.25%	10.34%	17.33%
Return on Equity	7.67%	9.44%	10.51%	3.22%	2.65%	4.23%
Leverage Ratios
Debt Ratio	34.91%	38.33%	44.31%	48.38%	46.81%	39.73%
Debt/Equity Ratio	0.54	0.62	0.80	0.94	0.88	0.66

Required:

1. Compare the performance of these two companies based on all the ratios above.

2. Identify two ratios that will be important to banks in evaluating loan application from these companies.

3. Identify two ratios that investors will consider in deciding to invest in any of these two companies.