We were surprised by the termination of the proposed land acquisition, as this was part of Hua Yang’s landbank replenishment target in the Klang Valley

S P Setia has also recommended an interim single-tier dividend of four sen per share in respect of FY15 — consistent with the prior year’s payout

Jalan Ipoh is a predominantly mid-end market

Based, primarily, in Johor, Crescendo specialises in industrial properties, as well as township development

Within the Setia Alam township, S P Setia also launched 539 units of medium-cost apartments with selling prices starting from RM250,000 per unit

Jalan Ipoh stretches from near the Jinjang and Segambut neighbourhoods to the older heart of the city, near the Sentul, Titiwangsa and Chow Kit areas

Strong mid-market segment and mega project KL Metropolis attract homebuyers and investors

Projects showcased were Fastbuild, a new industrial building system, and Smart Build, a house built via conventional construction solution

S P Setia has been handing over its Australia project — Fulton Lane in Melbourne — to buyers since end-December last year

Bonus and warrants issue comes after Mah Sing successfully raised approximately RM1.2 billion in the form of a rights issue and perpetual sukuk