Noteworthy:
When: May 2023
“Many developers have fulfilled the necessary requirements of advertising the Bumiputera units for sale over the required number of times for the required period, and sales to Bumiputera are still not forthcoming."
S P Setia is gearing up to launch another collection of freehold double-storey shop offices, Bayu Avenue, in Setia Bayuemas on Nov 25, 2023. This marks the third phase of commercial development within the township.
Avaland Bhd saw its net profits surge to RM17.2 million in the third quarter ended Sept 30, 2023 (3Q2023 from a net profit of RM6.2 million in the previous corresponding quarter, while its revenue in 3Q2023 increased by almost threefold to RM156.2 million from RM56.3 million previously.
Tropicana Foundation, the charity arm of Tropicana Corporation Bhd recently provided support for PAWS Animal Welfare Society in Petaling Jaya and Sai Pandian Children Home in Setia Alam.
Sime Darby Property Bhd registered revenue of RM2.4 billion for the nine months ended Sept 30, 2023 (9M FY2023), marking a 35.8% increase year-on-year.
Bursa Malaysia-listed property developer Tropicana Corporation believes it is time to scale up its expansion in Johor, Malaysia. It intends to unlock 800 acres of “premium landbank” with a gross development value (GDV) of RM43 billion ($12.3 billion).
S P Setia Bhd has released its financial results for the third quarter of 2023 (3Q2023), with QoQ revenue growing 25% to RM1.08 billion from RM860.9 million.
Noteworthy:
When: October 2023
Following the successful premiere of Ferrous in March, S P Setia is poised to launch Ferrous 2 in Setia AlamImpian on Nov 26 (Sunday).
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