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.
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.
The group’s Iskandar Malaysia projects outperformed strongly with RM723 million sales achieved, representing 57% of total year-to-date sales.
"Because of the lack of a signed land lease agreement, Lada was unable to collect the annual lease fee of RM660,000 for almost five years, resulting in a total loss of RM3.
PAM president Abu Zarim Abu Bakar: Urban regeneration and renewal are pivotal for ensuring the enduring viability and liveability of our cities.
The contract involves the development of three blocks of suite apartments totalling 1,558 units, along with related facilities in Bukit Jalil, Kuala Lumpur.
INFINITY8 will have a total of 13 coworking spaces in the country by the end of this year.
The sub-contract works are for the proposed development of 146 units of villa residences, including common facilities and club house in Taman Duta, Bukit Tunku, Kuala Lumpur.
On Wednesday, the steel structure fabrication company announced that it has secured four new contracts in Saudi Arabia, the United Arab Emirates and India.
Kumpulan Jetson’s wholly owned unit Jetson Construction Sdn Bhd (JCSB) was awarded the job in July 2018 to build the main building and external works of four blocks of apartment, with the contract sum of RM88.
DONE DEAL: Condominium, Bukit Ceylon, Kuala Lumpur DONE DEAL: Terrace house, Putra Heights, Selangor Bukit Ceylon’s property transaction values are as diverse as the demographics that live and work in the area.