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.
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.
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).
The development could host some 1,600 new homes with an estimated gross development value over £3 billion (RM17.
The group said RM16 million of the purchase price will be satisfied via the issuance of 17.
This will be NCT Group’s second industrial park development project.
Eupe Corp, which is planning to finance the consideration through internal funds and borrowings, said the proposed acquisition aligns with the group’s expansion objective and growth strategy by adding suitable land to its land bank, and expanding its property development portfolio to increase income.
Spanning 25,083 square meters, the facility, which began operations in October 2023, manufactures cable tie products.
Under the two-year MOU, Menang and Alpro will jointly develop the Alpro healthcare facility land into a health and wellness park, while Alpro will support the related healthcare facilities, including ambulatory care centre and rehabilitation facilities.
Shahnaz will be replacing Ramanathan Rajoo, who will transition into the role of a special adviser to MBSB.