Outlook Remains Challenging For S P Setia After Weaker Than Expected 3Q

Source: Business Today

Hong Leong Investment Bank Research cut S P Setia's target price to 62 sen. This follows weaker 3Q earnings and concerns over softer residential demand. The research house maintained its Hold recommendation. Earnings forecasts for 2026 were reduced.

What it means for buyers, tenants and investorsShareholders of S P Setia can check the updated earnings forecasts and target price for potential impact on their investment.

What it means for Japanese buyers

S P Setia's target price was cut to 62 sen by Hong Leong Investment Bank Research.

This may impact shareholders, including Japanese investors, who can check updated earnings forecasts.

Japanese buyers should note that foreigners can buy most kinds of property in Malaysia, but with a minimum purchase price and state authority consent.

Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.

Key facts

CompaniesS P Setia
AreasNationwide
SectionCompanies
Date
SourceBusiness Today ↗

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