S P Setia backs Budget 2027 housing and green investment measures
The developer said incentives for green investment and Johor’s economic corridor support its plans to expand industrial development alongside its township business.
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The developer said incentives for green investment and Johor’s economic corridor support its plans to expand industrial development alongside its township business.
Early trading saw 293 counters decline and 125 advance, with turnover valued at RM130.24 million.
The purchase covered approximately 2.25% of the miner’s issued shares, with managing director Datuk Sri Pek Kok Sam selling the stake.
The budget allocates RM510 billion, with Amir Hamzah stressing governance and efficient expenditure to address leakage and wastage.
13 million adult Malaysians who do not receive STR will get RM100 twice in 2027, before Aidilfitri and for the 70th National Day.
The unnamed customer is a Malaysian subsidiary of a US-based company, with the contract covering Phase 1 of a four-phase development.
About 142 million shares were sold for RM11.6 million, while Wong remains the company’s sole substantial shareholder.
The Selangor project has a potential value of RM36.15 million excluding SST, but its second stage requires a further written award.
The seven-year arrangement covers equipment and support services for a planned specialist healthcare centre in Petaling Jaya, subject to approvals and other conditions.
Construction started in September 2026, with the two high-voltage facilities expected to be completed by August 2027.