SP Setia
S P Setia Berhad (formerly Syarikat Pembinaan Setia Berhad) (MYX: 8664) is a Malaysian public-listed company whose primary business is in property development, while other businesses include construction, infrastructure, wood-based manufacturing, and trading. Its portfolio comprises townships, eco-sanctuaries, luxury enclaves, high-rise residences, commercial and retail as well as integrated mixed developments. Since its inception, S P Setia Berhad has become one of the established property development companies based in Malaysia.
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| Publicly traded government-linked company | |
| Traded as | MYX: 8664 |
| ISIN | MYL8664OO004 |
| Industry | Property Developer |
| Founded | 1974 |
| Headquarters | Setia Alam, Shah Alam, Selangor, Malaysia |
Key people | Y.A.M. Tan Sri Dato' Seri Syed Anwar Jamalullail, Chairman Dato' Khor Chap Jen, President and CEO |
| Parent | Permodalan Nasional Berhad |
| Website | www.spsetia.com.my |
The group started out in 1974 as a construction company which was later led by a well-known property development figure, Liew Kee Sin.[1] in 1990 and was eventually listed on Bursa Malaysia in 1993. In 1996, S P Setia refocused its core business to property development with supporting businesses in construction and wood-based manufacturing.
In 2011/2012, Permodalan Nasional Berhad (PNB), Malaysia's state asset manager which was then under Tun Ahmad Sarji Abdul Hamid, took over S P Setia, joining the foray of acquisitions led by the government-linked companies in private property sector. Tan Sri Liew Kee Sin stepped down as the president and Chief Executive Officer (CEO) of S P Setia Berhad in 2014 and joined Eco World Development Group Bhd as a non-independent & non-executive director.
S P Setia currently has a presence in the three key economic regions of Malaysia, namely Klang Valley, Johor and Penang, as well as in Kota Kinabalu, Sabah. Internationally, S P Setia’s projects are present in Vietnam, Australia, Singapore, the United Kingdom, China and the most recent one being in Japan.
The employees of S P Setia are commonly referred to by the organisation as Team Setia which currently stands at approximately 2,000 people.
S P Setia’s charitable trust, Setia Foundation, was established in 2000 with the objective of lending a helping hand to underprivileged individuals and charities in the areas of education, general welfare, and medical assistance. In the year 2015, S P Setia Foundation embarked on a mission to adopt schools housing underprivileged students in rural areas. To date, S P Setia Foundation has successfully adopted six schools located in Penang and Johor.
List of Projects
Local
Central Region
- Setia Alam
- Setia City Residences
- Setia EcoHill
- Setia EcoHill 2
- Setia Eco Park
- Setia Eco Templer
- Setia Safiro
- Setia Eco Glades
- Setia Sky Seputeh
- Setia Seraya Residences
- Setia Alaman
- TRIO by Setia
- KL Eco City
- Bandar Kinrara
- Temasya Glenmarie
- Alam Impian
- Bandar Baru Seri Petaling
- Setia Alamsari
- Kota Bayuemas
- Alam Damai
- Alam Sutera
Northern Region
- Setia Pearl Island
- Setia Greens
- Setia SPICE (Setia Subterranean Penang International Convention & Exhibition Centre)
- Setia Sky Vista
- Setia Sky Ville
- Setia Fontaines
- Setia V Residences
- 11 Brook Residences
Southern Region
- Setia Eco Cascadia
- Setia Tropika
- Setia Indah
- Setia Eco Gardens
- Bukit Indah Johor
- Setia Sky 88
- Setia Business Park II
- Taman Perling
- Taman Rinting
- Taman Pelangi
- Taman Pelangi Indah
- Taman Industri Jaya
Eastern Region
- Aeropod, Kota Kinabalu
International
United Kingdom
China
- Qinzhou Industrial Park
Japan
- Izumisano City Centre, Osaka
Vietnam
- EcoLakes, My Phuoc
- EcoXuan, Lai Thieu
Singapore
- Daintree Residence
- Eco Sanctuary
- 18 Woodsville
Australia
- Sapphire by the Gardens, Melbourne
- UNO, Melbourne
- MAISON, Carnegie
- MARQUE Residences, Prahran
Awards & Recognition
FIABCI Malaysia Property Award
Office Category Winner 2019 - KL Eco City by S P Setia
Best Purpose-Built/ Specialised Project 2018 - Setia SPICE, Penang 2011 - Eco Greens, Setia Eco Gardens, Johor
Master Plan Gold award 2017 - Setia Eco Glades, Cyberjaya
Best Affordable Housing 2017 - Seri Kasturi Apartment, Setia Alam
Best Sustainable Development 2015 - S P Setia Corporate Headquarters, Selangor
Best Retail Development 2013 – Setia City Mall, Selangor
Best Master Plan Development 2012 - Setia Alam, Selangor 2008 - Setia Eco Gardens, Johor 2006 - Setia Eco Park, Selangor
Best Residential (Low-Rise) Development 2010 - Setia Eco Park, Selangor 2006 - Duta Nusantara, Kuala Lumpur
FIABCI World Prix d'Excellence Awards
FIABCI World Gold Award in the Purpose-Built category 2019 - Setia SPICE, Penang
World Silver Awards in the Residential High-Rise Category 2019 - Parque, Melbourne
World Silver Awards in the Residential Mid-Rise Category 2019 - Circus West Village, Battersea Power Station, London
World Gold Winner of FIABCI World Prix d’ Excellence Award 2018 Affordable Housing Category 2018 - Seri Kasturi Apartment, Setia Alam, Selangor
Master Plan Category 2018 - Setia Eco Glades, Cyberjaya
Sustainable Development Category 2018 - Eco Sanctuary, Singapore
Gold Winner of Sustainable Development Category 2016 - S P Setia Corporate Headquarters
Best Retail Development 2014 - Setia City Mall, Selangor
Best Master Plan Development 2013 - Setia Alam, Selangor 2009 - Setia Eco Gardens, Johor 2007 - Setia Eco Park, Selangor
Best Purpose-Built/Specialised Project 2012 - Eco Greens, Setia Eco Gardens, Johor
Best Residential (Low-Rise) Development 2011 - Setia Eco Park, Selangor
Runner-up Best Master Plan Development 2010 - EcoLakes, Vietnam
AON Best Employers Malaysia Award
Best Employer in Malaysia (2018, 2017, 2016, 2015)
Special Recognition for Commitment to Engagement Award (2016)
Best of the Best Employer in Malaysia (2013)
Overall Best Employer in Malaysia and one of the Best Employers in Asia Pacific (2011)
Top 10 Best Employers in Malaysia (2009, 2005, 2003)
Ranked No.1 for the 10th time (2018, 2017, 2016, 2013, 2012, 2011, 2010, 2008, 2007, 2006, 2005)
The Edge Malaysia Top Property Developers Awards
Best Qualitative Attributes Category (2018, 2013, 2012)
Best Quantitative Attributes Category (2018)
The Edge Malaysia Outstanding Property CEO Award 2017 - Dato' Khor Chap Jen
Affordable Urban Housing Excellence Award 2017 - Seri Mutiara Apartment, Selangor 2016 - Seri Kasturi Apartment, Selangor
Notable Property Achievement 2015 - Setia Eco Park, Selangor
PAM Green Excellence Awards 2015 - Setia Corporate HQ, Selangor 2013 - Setia City Mall
The Edge-PEPS Value Creation Excellence Awards 2013 - Setia Walk, Selangor
Board of Directors
1. Y.A.M. Tan Sri Dato' Seri Syed Anwar Jamalullail - Chairman of S P Setia Berhad
2. Dato’ Khor Chap Jen - President & Chief Executive Officer of S P Setia Berhad
3. Dato’ Ahmad Pardas Bin Senin - Senior Independent Non-Executive Director
4. Dato’ Seri Ir. Hj. Mohd Noor Bin Yaacob - Independent Non-Executive Director
5. Noraini Binti Che Dan - Independent Non-Executive Director
6. Philip Tan Puay Koon - Independent Non-Executive Director
7. Tengku Dato’ Ab. Aziz Bin Tengku Mahmud - Non-Independent Non-Executive Director
8. Dato’ Halipah Binti Esa - Independent Non-Executive Director
9. Dato’ Zuraidah Binti Atan - Independent Non-Executive Director
10. Dato' Azmi Bin Mohd Ali - Non-Independent Non-Executive Director