SP Setia
 | |
| Publicly traded government-linked company | |
| Traded as | 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
- Setia Pearl Island
- Setia Vista
- Setia Greens
- Setia V Residence
Kota Kinabalu
International
Vietnam
- EcoLakes MyPhuoc
Singapore
- Eco Sanctuary
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. He then co-founded EcoWorld development group alongside with former colleagues who left S P Setia together with him.
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.