S P Setia rises 4.51% after announcing multiple proposals
KUALA LUMPUR (April 17): Property developer S P Setia Bhd saw its share price rise as much as 4.
KUALA LUMPUR (April 17): Property developer S P Setia Bhd saw its share price rise as much as 4.
KUALA LUMPUR (April 17): The viability of Permodalan Nasional Bhd’s (PNB) move to merge two of its biggest property companies, S P Setia Bhd and I&P Group Sdn Bhd, depends on the way the synergy is executed, says a fund manager.
KUALA LUMPUR (April 14): PNB Development Sdn Bhd, a subsidiary of Permodalan National Bhd (PNB) group can be a source for S P Setia Bhd and I&P Group Sdn Bhd to expand their landbank for future projects, said PNB group chairman Tan Sri Abdul Wahid Omar.
KUALA LUMPUR (April 14): S P Setia Bhd is buying a 342.
KUALA LUMPUR (April 14): S P Setia Bhd, Permodalan Nasional Bhd (PNB) and Amanahraya Trustees Bhd (as trustee for Amanah Saham Bumiputera) have entered into a non-binding Memorandum of Intent to commence negotiations on the proposed acquisition of I&P Group Sdn Bhd by S P Setia.
PETALING JAYA (April 13): I&P Group Sdn Bhd, a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has appointed Yuslina Mohd Yunus as its new group managing director, succeeding Datuk Jamaludin Osman who will retire April 30.
KUALA LUMPUR (Jan 18): Sime Darby Bhd today confirmed that the conglomerate and two other property groups, SP Setia Bhd and I&P Group Sdn Bhd, have aborted their plans to jointly develop an affordable housing project in Indonesia worth 11.
KUALA LUMPUR (Jan 17): Property developer S P Setia Bhd announced today that S P Setia (Indonesia), Sime Darby Bhd and I&P Group Sdn Bhd have decided not to pursue the joint venture with Indonesia’s PT Hanson International Tbk to jointly develop an affordable housing project in Greater Jakarta, Indonesia.
LAUNCHED on Oct 5, I&P Group’s Ten Kinrara has seen a take-up of 30% for the serviced apartments and 50% for the commercial units.
SHAH ALAM: I&P Group Sdn Bhd chief executive officer Datuk Jamaludin Osman aims to launch two more projects worth RM381 million in gross development value (GDV) before the end of this year.