S P Setia celebrates 50 years building communities
CEO Datuk Choong Kai Wai: “Our purpose to build great communities has driven us for the past 50 years and will remain at the core of everything we do.
CEO Datuk Choong Kai Wai: “Our purpose to build great communities has driven us for the past 50 years and will remain at the core of everything we do.
Up to 60 students from Sekolah Kebangsaan Semenyih, Sekolah Jenis Kebangsaan (Cina) Kampung Baru Semenyih, Sekolah Kebangsaan Bukit Tampoi and Sekolah Jenis Kebangsaan (Tamil) Ladang Rinching attended the fun and educational event.
Ranging between 1,986 to 2,026 sq ft with land sizes of 2,080 sq ft, Carabella units will have starting prices from RM960,000 to RM1.
The REIT may include retail complexes, office buildings, schools and a convention centre, S P Setia said in a statement.
S P Setia said the disposal of the land was conducted through its subsidiary Pelangi Sdn Bhd and was completed earlier in the day with Senibong Island Sdn Bhd (SISB).
The group also received certificates from the Ministry of Housing and Local Government (KPKT) at their awards excellence ceremony to celebrate the gold award winners of the FIABCI World Prix D’Excellence Awards 2024 in Putrajaya on June 7.
Datuk Choong Kai Wai, president & CEO, assured that S P Setia will emphasise “cost control and operational efficiency to foster sustainable growth through these economic shifts”.
S P Setia president and CEO Datuk Choong Kai Wai: “I’m confident our partnership with Ant Digital Technologies and JaGaSolution will open more doors for stakeholders to collaborate in the future and introduce the latest innovations.
Datuk Edward Chong Sin Kiat of Shah Alam 2 Sdn Bhd, a subsidiary of IJM Land Bhd, has been reappointed as deputy chairman after the annual general meeting on May 21.
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.