Bullish outlook for S P Setia on resilient sales

Quick Summary:

UOB Kay Hian (UOBKH) Research is optimistic about the prospects of S P Setia Bhd, driven by the latter’s robust industrial sales and resilience in the luxury residential segment.

Thus, management will be able to focus on driving core earnings growth,” said UOBKH Research.

Furthermore, it said S P Setia is finalising a deal with several partners to develop the Tanjung Kupang site into a managed industrial park, housing a combination of data centres, logistics and warehousing players.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: TanjungKupang IndustrialSales LuxuryHomes DegearingSuccess SPSedia DataCentres /Business/Business News Corporate News PropertyDevelopment

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 00:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 512 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25182513

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 47 posts per day

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Coverage Areas: Malaysia

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