Lack of contribution from Battersea cuts S P Setia 3Q net profit by 81%
KUALA LUMPUR (Nov 14): S P Setia Bhd saw its net profit plunge by 81.
Deadline to finalise RM8.8b Battersea deal extended to Dec 31
KUALA LUMPUR (Oct 6): The deadline to finalise a proposed £1.
Battersea Phase 2 deal may see another delay
KUALA LUMPUR (September 28): The deadline to finalise the proposed £1.
'Possibly' another extension in Battersea Phase 2 deal, says PNB
KUALA LUMPUR (Sept 27): Permodalan Nasional Bhd (PNB) is not discounting another extension for the completion of the proposed stake acquisition in the Battersea Power Station (BPS) project in the UK.
Sime Darby Prop eyes up to 10% recurring income contribution
KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.
BPS’s ownership reorganisation plan to continue, acquisition in 2012 done via tender
PETALING JAYA (June 13): The shareholders and management of Battersea Power Station (BPS) will continue the reorganisation of ownership for BPS phase 2 as it will bring long-term investment yield to all stakeholders, said BPS developers Sime Darby Property Bhd and S P Setia Group Bhd in a joint statement today.
S P Setia, Sime Darby Property shares fall after Anwar said M'sia to probe Battersea deal
KUALA LUMPUR (June 12): S P Setia Bhd shares slumped as much as 27 sen or 8% to RM2.
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Battersea deals up for review, says Anwar Ibrahim
PETALING JAYA (June 12): The new Pakatan Harapan administration will investigate all the previous government’s dubious investments – including the multi-billion ringgit Battersea Power Station project, said PKR de facto leader Datuk Seri Anwar Ibrahim.
Battersea Power Station owners said to sound out for £1.5b bank loans
PETALING JAYA (May 23): The Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB) have allegedly sounded out to banks for a loan of around £1.
