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KUALA LUMPUR: SP Setia Bhd has sped towards achieving its sales target of RM3.8bil following a strong sales performance of RM2.71bil in the first half of the year. ....
KUALA LUMPUR, Aug 18 ― SP Setia Bhd swung back to profit in the first half of the year ended June 30, recording a net profit of RM150 million against a loss of RM110 million in the same period a year ago. Revenue rose to RM2.14 billion from RM1.03 billion previously, the group said in a filing to. ....
SP Setia announces leadership transition plans 02 Feb 2021 / 23:45 H. PETALING JAYA: SP Setia Bhd has revealed a leadership transition following the retirement of its president and CEO Datuk Khor Chap Jen and deputy president and COO Datuk Wong Tuck Wai by the end of September this year. According to its Bursa disclosure, Datuk Choong Kai Wai will succeed as the group’s president and CEO, while Datuk Koe Peng Kang will take up the role of deputy president and COO effective Oct 1. It stated that the decision is in line with its leadership talent agenda to sustain its position in the property development market. ....
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following a management meeting that reaffirmed the positive prospects of the group s property division. According to MIDF, SP Setia s management is confident it will hit its new sales target of RM3.8bil in FY20. The group recorded new sales of RM2.86bil as at October 2020 and expects new sales to be strong in the final quarter of the year. Property sales in 4QFY20 is expected to be supported by pent up demand post MCO and low interest rate. We gather that sales from its matured townships such as Setia Alam and Bandar Kinrara remain encouraging as new launches in the townships enjoyed good take up rate of >90%, said MIDF. ....