S P Setia soars to near six-year high as analysts bet on extended rally
Shares of S P Setia has surged 95% so far this year, significantly outperforming the property sector’s 25% year-to-date increase, due to the slew of one-off gains.
S P Setia records profit before tax rising to RM181.2 million in 1Q2024, 56% increase compared to the same period in previous year
The group’s property development segment achieved profit before tax of RM180.
UEM Sunrise inks MoU to develop Renewable Energy Industrial Park in Johor
The RE Industrial Park is part of the one gigawatt hybrid solar power plant project and is one of the flagship catalytic projects under Malaysia’s National Energy Transition Roadmap (NETR).
UEM Sunrise tops out KAIA Heights Phase 1 in Seri Kembangan
Launched in March 2021, KAIA Heights offers low-density living across two phases, each with two blocks spanning approximately 30 storeys.
S P Setia to unveil Nadi 2, Setia Commerce Square in Setia Ecohill 2
Nadi 2, which is the second phase of the Nadi commercial development, comprises 212 shop offices, 12 semi-detached shops, multiple sizes of enterprise lands and petrol station lands.
UEM Sunrise launches The Beat 2.0 at Kiara Bay
UEM Sunrise also signed partnerships with Harvey Norman Malaysia and BM Green Energy Sdn Bhd.
RHB IB stays overweight on property sector; top picks UEM Sunrise, IOI Properties, E&O
The research house said developers with sizeable landbanks and industrial segment exposure should see greater benefit from infrastructure developments and rising investment flows.
UEM Sunrise set for uptrend continuation, says RHB Retail Research
The research house said that riding above the rising 21-day simple moving average line, the stock is likely to climb higher towards RM1.
S P Setia to continue cutting debt, preparing for potential REIT
Strategic priorities include divesting non-core assets, refinancing borrowings and generating more cash flow to service debt, S P Setia said in its annual report released on Wednesday.
UEM Sunrise inks partnership with Intermedika to promote healthy living
UEM Sunrise aims to integrate Sports, Wellness, and Hospitality components in its masterplan to keep pace with the global trends and stimulate growth within its developments through an enhanced product proposition – creation of Urban Healthy Hubs.
