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PROPERTY NEWS: SP Setia poised to expand strongly overseas after record local sales

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SOLID SALES: Despite talk of a slowdown, SP Setia bucks the trend & racks up good sales 1 / 1 SP Setia Bhd is poised to expand strongly overseas after chalking up sales of RM1.81 billion for the first six months (FY2012), representing an increase of 29 per cent over the RM1.41 billion achieved in the corresponding first half of FY2011. Commenting on this, President and CEO Tan Sri Liew Kee Sin said it is well on track to achieve the RM4 billion sales target set for FY2012 ending 31 October with sales coming mainly from its many projects in the Klang Valley, Johor Bahru and Penang. “We are aiming to achieve sales of about RM3.4 billion from our Malaysian projects with our overseas...

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