SP Setia to ramp up home launches

TheStar Fri, May 17, 2019 08:10am - 4 years View Original


(Left to right): SP Setia deputy president & COO Datuk Wong Tuck Wai, president & CEO Datuk Khor Chap Jen, chairman Tan Sri Datuk Seri Syed Anwar Jamalullail and executive vice president & CFO Datuk Choy Kah Yew having a photo after press conference of the 44th AGM at Setia City Convention Centre in Shah Alam.

(Left to right): SP Setia deputy president & COO Datuk Wong Tuck Wai, president & CEO Datuk Khor Chap Jen, chairman Tan Sri Datuk Seri Syed Anwar Jamalullail and executive vice president & CFO Datuk Choy Kah Yew having a photo after press conference of the 44th AGM at Setia City Convention Centre in Shah Alam.

SHAH ALAM: SP Setia Bhd will be ramping up its launches and sales of properties to achieve its sales target of RM5.65bil, following a slow first quarter (Q1) performance this year.

President and chief executive officer Datuk Khor Chap Jen said it would be launching RM6.47bil worth of projects from the second quarter until the year-end.

The major launches will be in the central region, with some in the southern and northern regions. The property giant is targeting some 89% local sales and 11% international sales.

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