SP Setia Berhad Preferred Stock 6.49% Perpetual (8664PA)

Overview

S P Setia Berhad, founded in 1974 and based in Shah Alam, Malaysia, positions itself as a formidable entity in the realm of property development and investment. With its operational footprint extending beyond Malaysia to countries such as Singapore, Australia, Vietnam, Japan, and the United Kingdom, S P Setia Berhad showcases a diversified business model. The company's business activities are segmented into Property Development, Construction, and Others, allowing it to cater to a comprehensive range of real estate and construction needs. As an investment holding company, S P Setia Berhad's strategic endeavors in developing townships, eco-sanctuaries, luxury enclaves, and high-rise residences, alongside ventures in commercial, retail, industrial, and integrated developments, echo its commitment to growth and innovation in the property sector.

Products and Services

• Property Development

At the core of S P Setia Berhad’s offerings, this segment encompasses the development of mixed-use developments, including townships, eco-sanctuaries, luxury enclaves, high-rise residences, as well as commercial and industrial properties. Each project is tailored to meet the evolving needs of communities, ensuring sustainability and quality living environments.

• Construction

This segment highlights S P Setia Berhad’s capabilities in general construction works, encompassing building contracts and the construction and operation of concession assets, such as hotels and hotel resorts. The company leverages its in-depth industry knowledge to deliver projects that adhere to the highest standards of quality and efficiency.

• Investment and Property Management

S P Setia Berhad invests in, manages, and operates a diversified portfolio of properties. This includes the management of recreation clubs, banquet and convention centers, golf courses, and retail food and beverage outlets. Through strategic asset management, the company aims to enhance property value and generate sustainable income streams.

• Manufacturing and Retail

This encompasses the fabrication, installation, and sales of wood products, alongside the manufacturing and sale of building materials. S P Setia Berhad also steps into the retail sector by selling household goods, thereby diversifying its business operations and catering to a wider market demand.

• Consultancy Services

S P Setia Berhad offers a range of consultancy services, including project management, kiln dry, money lending, accounting, finance, corporate secretarial, and development management consultancy. These services are designed to support various aspects of property development and construction, ensuring projects are completed effectively and efficiently.