S P Setia
Company type | Publicly traded government-linked company |
---|---|
MYX: 8664 | |
ISIN | MYL8664OO004 |
Industry | Property Developer |
Founded | 1974 |
Founder | Liew Kee Sin |
Headquarters | Setia Alam, Shah Alam, Selangor, Malaysia |
Key people | Tan Sri Dato' Seri Dr. Wan Mohd Zahid Wan Mohd Noordin, Chairman Dato' Khor Chap Jen, President and CEO |
Parent | Permodalan Nasional Berhad |
Website | www.spsetia.com.my |
S P Setia Berhad (MYX: 8664) is a Malaysian property, infrastructure and business company. It was founded by well-known property development figure, Liew Kee Sin.[1] Since its inception, SP Setia Berhad has become an established property development company based in Malaysia.
List of Projects
Local
Klang Valley
- KL Eco City
- Setia Alam
- Setia Eco Park (also in Setia Alam)
- Setia Nexus 1
- SetiaWalk (also in Pusat Bandar Puchong)
- Duta Tropika
- Duta Nusantara
- Setiahills Ampang
- Setia Eco Glades Cyberjaya
- Putrajaya Precinct 9
- Putrajaya Precinct 15
- Pusat Bandar Puchong
- Putrajaya Precint 17 (Apartment PPA1M)
Johor Bahru
- Bukit Indah
- Setia Indah
- Setia Eco Cascadia
- Setia Tropika
- Setia Eco Gardens
- Setia Eco City
- Setia Sky 88
Penang
Kota Kinabalu
International
Vietnam
Singapore
Battersea Power Station and Liew's Resignation
On 2012, S P Setia expressed interest in bidding to acquire Battersea Power Station which is located in Battersea, London, United Kingdom. If S P Setia failed in its bid to acquire Battersea Power Station, it had planned to look for other sites in London.[2] On June 2012, Knight Frank announced that Ernst & Young has made an exclusive agreement with S P Setia and Sime Darby to agree on the final terms of the deal[3] after SP Setia won the bid of the Battersea Power Station against Chelsea FC.[4]
Just like other private-turned government-linked companies in Malaysia, Liew was forced to resign when majority of the company shares were bought and controlled by the Malaysian government through its linked companies controversially.[citation needed] He then co-founded EcoWorld development group alongside with former colleagues who left S P Setia together with him.[citation needed]
References
- ^ "SP Setia". Retrieved 18 November 2014.
- ^ "S P Setia Eyeing Other London Sites In Case Battersea Bid Fails". Bloomberg. Retrieved 2012-08-08.
- ^ "S P Setia, Sime preferred bidders for Battersea". Business Times. Retrieved 2012-08-08.
- ^ "Battersea Power Station: Malaysian company". BBC. Retrieved 2012-08-08.