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KUALA LUMPUR, May 24 — SP Setia Bhd’s shares on Bursa Malaysia went down in the early trading session today after it posted a weaker-than-expected revenue for the first quarter...
PETALING JAYA: S P Setia Bhd posted a net profit of RM67.50mil in the first quarter ended March 31, 2022 compared with RM75.23mil in the same period a year ago.
KUALA LUMPUR: S P Setia Bhd has applied to Bank Negara Malaysia today to seek its approval for the proposed issuance of renounceable rights issue of new class C Islamic redeemable convertible preference shares (RCPS-i C) to its non-resident shareholders.
KUALA LUMPUR: SP Setia Bhd has proposed to undertake a renounceable rights issue of new class C Islamic redeemable convertible preference shares (RCPS-i C) to raise gross proceeds of up to RM1.18 billion.
KUALA LUMPUR: RHB Research has upgraded S P Setia Bhd to a “buy” recommendation with a higher target price (TP) of RM1.48 from RM1.28, driven by better prospects of the company’s financial position.