External broker reports(aggregated public sources), Public Investment Bank Bhd

Public Investment Bank Bhd

Public Investment Bank Berhad provides investment banking services. The Company offers corporate finance, banking, securities financing, capital market, treasury, and advisory services.

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Hot on the heels of the land disposal to Mah Sing Group Berhad (500 acres for RM392m in June), SP Setia announced that it is selling a 959.7-acre plot of land in Johor to Scientex Lestari Sdn Bhd (subsidiary of Scientex Berhad) for RM547.7m.</li><li>Combined, the two deals are expected to monetize about RM940m to the Group.</li><li>To recap, this latest deal is the same that was initially agreed back in May 2021 but then terminated due to non-fulfillment of a condition precedent. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Hot on the heels of the land disposal to Mah Sing Group Berhad (500 acres for RM392m in June), SP Setia announced that it is selling a 959.7-acre plot of land in Johor to Scientex Lestari Sdn Bhd (subsidiary of Scientex Berhad) for RM547.7m.Combined, the two deals are expected to monetize about RM940m to the Group.To recap, this latest deal is the same that was initially agreed back in May 2021 but then terminated due to non-fulfillment of a condition precedent. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

SP SETIA - Another Land Sale Worth RM547.7m

SP Setia Bhd

SP SETIA - Another Land Sale Worth RM547.7m