S P Setia Bhd bagged the “Best Employer” award for the seventh time at the Aon Hewitt Best Employers 2016 awards in a ceremony held today. It also received a special mention award — the “Commitment to Engagement” award.

S P Setia Bhd’s unit, Setia EcoHill Sdn Bhd, has inked an agreement with R.E.A.L Education Group Sdn Bhd to have its early childhood education provider R.E.A.L Kids set up a centre at Setia EcoHill in Semenyih.

Even with 2,492 acres of land already in hand, Mah Sing Group Bhd has hinted at its desire to continue amassing land or seeking more joint venture initiatives to develop more homes in the future.

The latest data from the Statistics Department shows that the inflation, as measured by the Consumer Price Index (CPI), eased further to 1.1% y-o-y in July from 1.6% y-o-y in June. The reading came in slightly below consensus expectations of a 1.2% increase.

CEO expects RM2b order book target for the year to be surpassed

It aims to pay out 25% to 30% of its net profit as dividends while conserving cash for landbank replenishment.

Sees slowdown in property market persisting until 2018...

On disposal gain, pays 4 sen dividend...

Sunsuria attributed the higher revenue and profit to its ongoing property development projects.

The sharp fall was mainly because of a bargain purchase gain of RM92.2 million in the takeover of The Nomad Group Bhd in the previous corresponding quarter.