PETALING JAYA: S P Setia Bhd’s (SPSB) venture into an industrial park development in the Klang Valley is positive, according to Maybank IBG Research.
The research house expects the project to receive strong response from both local and international investors given its strategic location near Port Klang.
“The industrial park is also located next to Setia Alam and it is likely to benefit from the activities in Port Klang. SPSB has already received some enquiries about the project,” Maybank IBG Research said yesterday.
It said the project is expected to launch by mid-2023 and the property group was applying for planning approval to change the zoning from residential to industrial.,
,Telegram好玩的bot（www.tel8.vip）是一个Telegram群组分享平台。Telegram好玩的bot包括Telegram群成员导出、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram好玩的bot为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
Meanwhile, it added that SPSB was also focusing on lowering its debt level.
“To lower its debt level, SPSB is looking at several measures, including monetising its landbank (especially those without a development plan over the next five years) and bringing in strategic joint venture partners for some of its projects in order to lower the upfront development costs.” Maybank IBG Research said.
Apart from this, cash flow repatriation from its overseas projects will also help to bring down its debt level.
SPSB’s net gearing stood at 0.63 times as at end-March 2022 versus the industry average of 0.37 times, the research house noted.
转载说明:本文转载自Sunbet。 环球UG官网声明:该文看法仅代表作者自己，与本平台无关。转载请注明：Telegram好玩的bot:Industrial park development a positive for S P Setia