FINANCIAL RESULTS & GROUP UPDATE
FOR THE YEAR ENDED 31 DECEMBER 2019
26 February 2020 Retained Position as No 1 Property Developer in Malaysia
International, 543 , 12% Central, SALES 2,784 , 61% Local 88%
Eastern, 1 , <1% International 12%
Sales from HOC RM1,816 Sales of million Southern, 45% of Local Sales 747 , 16% RM4,555 Sales from Completed million Inventories : RM637 million
Sales of Non-Strategic Northern, Land : 480 , 11% RM87 million
2 5 Years Financial Highlights Group Sales Performance
Sales Central Southern Northern Eastern International (RM’million)
Sales achieved : Sales achieved : Sales achieved : Sales achieved : Sales achieved : RM4,320 mil RM3,823 mil RM4,920 mil RM5,123 mil RM4,555 mil
Sales Target : Sales Target : Sales Target : Sales Target : Sales Target : RM4,011 mil RM3,521 mil RM4,000 mil RM5,000 mil RM4,550 mil
1,001 543 1,509 9 198 1 480 1,418 321 - 805 236 144 157 747 28 587 152 467 482
3,110 2,642 2,680 2,784 2,240
2015 2016 2017 2018 2019 (14 months) Page 3 3 5 Years Financial Highlights Group Revenue
Revenue Malaysia Singapore Australia Vietnam (RM’million)
RM6,746 mil RM4,957 mil RM4,520 mil RM3,594 mil RM3,929 mil (12 months = RM5,606 mil) The Completion of Staggered completion of Revenue of projects in Australia are Fulton Lane in Parque, Melbourne – 14 Melbourne – 2016: RM394 mil recognized on completion method basis RM1,251 mil 2017: RM296 mil 1,251
The momentum has picked up in the revenue 681 Some rescheduling of 5 uptrend in 2019 394 11 launches in Malaysia late 2017 had the impact on 430 296 revenue in 2018 51 35 5 8 111 33 13
4,800 4,128 4,162 3,853 3,465
2015 2016 2017 2018 2019 (14 months) Page 4 4 5 Years Financial Highlights Group Profit Before Tax
Profit Before Tax Operational Profit Operational Profit Others (RM’million) (Malaysia) (International)
RM1,426 mil RM1,185 mil RM1,271 mil RM991 mil RM598 mil (12 months = RM1,123 mil) Since the expansion from 2017, the additional financial cost has diluted the PBT Gain on disposal of investment properties - RM20 mil
20 424 1. Gain on disposal of investment properties - RM5 mil 371 2. Gain on remeasurement Setia 288 Federal Hill - RM349 mil
354 Non-Strategic land sales – RM71 mil
71 1,002 897 880 682 554
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2015 2016 2017 2018 2019 (14 months) Page 5 5 5 Years Financial Highlights Profit Attributable to Shareholders
Profit Attributable to Operational Profit Operational Profit Others (International) Shareholders (RM’million) (Malaysia)
RM918 mil RM808 mil RM933 mil RM671 mil RM344 mil (12 months = RM710 mil)
Completion of Staggered completion Completion of 1. Gain on disposal of investment Fulton Lane of Parque, Melbourne Battersea properties - RM20 mil in Melbourne in 2016 & 2017 Power Station 2. Gain on disposal of Plantation Business – RM83 mil
103 1. Gain on disposal of investment 280 properties - RM5 mil 2. Gain on remeasurement Setia 239 Federal Hill - RM349 mil 353
354 Non-Strategic land sales – RM54 mil
54 638 569 477 363 318
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2015 2016 2017 2018 2019 (14 months) Page 6 6 SNAPSHOT OF FINANCIALS
Profit & Loss (RM million) FY2018 FY2019
Revenue 3,594 3,929 Revenue (excluding sale of non-strategic land banks) 3,594 3,394 Gross Profit 1,092 1,016 Gross Profit (excluding sale of non-strategic land banks) 1,092 944 Gross Profit Margin (%) 30.4 25.9 Gross Profit Margin (%) (excluding sale of non-strategic land banks) 30.4 27.8 Profit Before Tax 991 598 Profit Attributable to Shareholders 671 344 Basic Earnings per Share (RM sen) 14.82 5.27 Dividend per Share (RM sen) 8.55 1.00 Dividend Payout Ratio (%) 70.1 50.0
Balance Sheet (RM million) FY2018 FY2019
Shareholders’ Funds 14,144 14,349 Total Equity 15,520 15,782 Total Assets 29,337 30,043 Total Cash 2,883 3,060 Total Borrowings 10,534 11,239 Net Gearing Ratio (times) 0.49 0.52 Net Assets per share (RM sen) 3.03 3.02 7 TRACKING OUR KEY INDICATORS Against the Prevailing Headwinds
HIGH DIVIDEND PAYOUT NET GEARING POSITION EMPHASIS TO REDUCE NET GEARING Dividend Payout Net Gearing Ratio (%) 65.8% 70.5% 70.1% 70.1% (times) 0.49 0.52 50.0%
0.18 0.16 0.10 STRONG SUPPORT FROM SHAREHOLDERS
Subscription TOTAL 694.8 MILLION SHARES ISSUED SINCE 2014 EXPANSION OF LAND BANKS rate (%) Land Bank Dividend Reinvestment Plan (DRP) (acres) Acquisition of Acquisition Osaka Land 95.5% 94.8% 88.4% 91.5% 90.0% 89.2% 92.6% 87.3% Acquisition of of I&P 68.6% 9,606 9,516 23.5% Bertam land for 8,858 Setia Fontaines
16 May 12 Sept 9 June 10 Sept 4 Aug 23 Nov 19 Jul 16 Oct 23 Apr 12 Nov 5,218 . To sustain our sales 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 3,907 . Diversity into new markets THE DILUTION IMPACT SUBDUED PROPERTY MARKET Share base SUBSTANTIAL INCREASE IN SHARE BASE outstanding WITH ADDITIONAL 27% FROM DRP Kuala Lumpur Property Index (million) 3,959 4,042 1,188 1,227 3,428 1,128 2,628 2,854 2,538 876 831
2014 2015 2016 2017 2018 2019 SHARE PRICE MOVEMENT IN LINE WITH NEGATIVE MARKET SENTIMENTS EARNINGS PER SHARE DECLINE Share Price at Year End (RM) SURROUNDING THE PROPERTY MARKET Earnings Per 35.70 4.00 Share (sen) 29.80 26.80 3.12 3.05 14.82 2.33 5.27 1.61
2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
8 KEY PROJECTS UPDATE
FOCUS ON LANDED PROPERTIES… 95% TAKE UP FOR SETIA ECO PARK EMMA CREST
January 2019
95% take-up
Artist Impression of Dingle PHASE 12C2 Type: Semi Detached Lot Size: 41' x 85', 55' x 85', 63' x 85' Built-up Area: 2,698 sqft – 3,098 sqft Price Range: RM1,851,000 onwards No. of units: 22 Artist Impression of Sapphire Blue Fountain
10 100% TAKE UP FOR ALAM IMPIAN TERRACE HOUSES March 2019
100% take-up
CLARINO Type: Double Storey Terrace Lot Size: 20’ x 80’ Built-up Area: 1,759 sqft – 2,134 sqft Price Range: RM649,000 onwards No. of units: 80
11 100% TAKE UP FOR SETIA ECO GLADES REEF OF TROPIC April 2019
100% take-up
ARIL & BAY Type: Double Storey Link House Lot Size: 20’ x 70’ Built-up Area: 1,771 sqft – 2,002 sqft Price Range: RM774,000 onwards No. of units: 152 Artist Impression
12 100% TAKE UP FOR SETIA ALAMSARI TERRACE HOUSES April 2019
100% take-up
AVIS 2 Type: Double Storey Terrace Lot Size: 22’ x 80’ Built-up Area: 1,953 sqft – 2,199 sqft Price Range: RM709,000 onwards No. of units: 61
13 100% TAKE UP FOR SETIA ALAM STARTER HOMES June 2019
100% take-up
ARTOCA Type: Double Storey Terrace Lot Size: 18’ x 65’ Built-up Area: 1,520 sqft Price Range: RM532,000 onwards Total Units: 106
14 90% TAKE UP FOR SETIA FONTAINES’S ENTRY-PRICE RANGE TERRACE HOUSES August 2019
Amansara South
Type: 1 & 2 Storey Terrace House Land Size: 22' x 70' Built-up area: 1,336 – 1,835 sqft No. of Rooms: 3 / 4 rooms No. of Baths: 3 baths Price Range: RM364,000 onwards AS JOY AS GLOW Total Units: 394
80% take-up during the weekend launch
15 15 100% TAKE UP FOR BANDAR KINRARA’S TERRACE HOUSES November 2019
100% take-up
Phase 8A4 (Legasi 1) Type: Double Storey Link House Land Size: 22' x 75' Built-up area: 2,018 – 2,489 sqft No. of Rooms: 4-5 rooms No. of Baths: 3-5 baths Price Range: RM952,000 onwards Total Units: 80
16 NEW PROJECTS Focus launch on landed properties to suit market demand
Launched Launched in 2019 in 2019
Launched in 2019
17 100% TAKE UP FOR SETIA MAYURI SEMI-DETACHED
July 2019
KANDARA Type: Double Storey Semi-Detached Land Size: 40' x 80' Built-up area: 2,483 sqft No. of Rooms: 4+1 rooms No. of Baths: 4 baths Price Range: RM864,000 onwards Total Units: 46 100% take-up during the weekend launch
2818 100% TAKE UP FOR SETIA SAFIRO’S TERRACE HOUSES July 2019
Phase 1A (Rosario)
Type: Double Storey Link House Land Size: 20' x 70' Built-up area: 1,828 – 2,008 sqft No. of Rooms: 3 rooms No. of Baths: 3 baths Price Range: RM739,000 onwards ELRIO VERDOR Total Units: 166
100% take-up during the weekend launch
19 19 KL ECO CITY, FIRST INTERGRATED TRANSIT-ORIENTED DEVELOPMENT
World class integrated development of 25 acres with total GDV of RM7.0 billion, located in Kuala Lumpur.
KLCC
KL Sentral
Taman Seputeh
Mid Valley City
KL ECO CITY
An aerial view
20 KL ECO CITY Delivering Transit Oriented Development
Pedestrian link bridge connecting KTM and LRT station (opened in November 2019)
21 MERCU 2 (OT2) Signed Lease for >67% of NLA Target to increase occupancy rate to 90% by end 2020
Area (sf) Percentage
Occupied 329,709 60.6%
Confirmed Tenant 37,120 6.9% ACORA SOLUTION
Advanced Negotiations 10,000 1.8%
Available 167,532 30.7%
Total 544,361 100%
ASPIRE SERVICES
22 MERCU 3 (OT3) Signed Lease for >57% of NLA Target to increase occupancy rate to 70% by end 2020
Area (sf) Percentage Occupied (Moved in) 187,468 44.74% 57.02%
Confirmed Tenant 51,419 12.28%
Advanced Negotiations 28,654 6.84%
Available 151,437 36.14%
Total 418,978 100%
23 KLEC MALL 70% confirmed tenants
Target to increase occupancy rate to 90% by end 2020
5-storey mall with approximately NLA of 250,000 sq ft retail space
Service centre Page 24 24 KL ECO CITY Amari Hotel
Total 252 keys. Percentage of completion at 60%. Target VP in Q4 2020
Page 25 25 SETIA FONTAINES : INFRASTUCTURE ENHANCEMENTS Construction of the 7.2km Penang undersea tunnel is scheduled to begin in 2023
Penang Transport Master Plan Penang Undersea Tunnel (Proposed)
(Proposed)
(Proposed)
(Proposed)
26 SETIA FONTAINES INFRASTUCTURE ENHANCEMENTS Updates on Penang Undersea Tunnel and LRT
Statement from Penang Chief Minister Statement from Penang Chief Minister on on Penang Undersea Tunnel on 11 Light Rail Transport on 15 October 2019 October 2019 Tuesday, 15 Oct 2019 7:57 PM MYT By R. SEKARAN
GEORGE TOWN: The Penang government signed a RM851 million agreement today to GEORGE TOWN: Penang Transport Master kickstart construction of a 5.7km bypass Plan (PTMP) projects would be tendered out in road as part of the RM6.3 billion undersea the second half of next year, says Chief tunnel and three roads project. Minister Chow Kon Yeow.
Chief Minister Chow Kon Yeow said the cost He added that the Project Delivery Partner of the road, from Bandar Baru Air Itam to (PDP) and the state are presently looking into the coastal expressway on the east side of the financial structure of the PTMP and other the island, would be paid in kind through aspects of the project. two parcels of land on the reclaimed portion of the Gurney Drive foreshore. "The second half of 2020 is a more realistic date and tenders would be called for the However, he said the exact parcels of land Penang South Reclamation (PSR), Penang have yet to be determined as the Island Link 1 (PIL1) and the Light Rail foreshore, commonly known as Gurney Transport (LRT) projects. Wharf, is still being reclaimed. 27 BATTERSEA POWER STATION Front view
Total GDV : GBP 9.3 bil
28 28 BATTERSEA POWER STATION Master Plan
Phase 1 – Completed 7
1 6
2 5 6 6 1 5 4
Phase 2 – Q2 2021 3A Phase 4a 3A 3A 4
3C Phase 3A – 3C Q3 2021 3B NLE – 2021 (latest)
29 NORTHERN LINE EXTENSION (“NLE”) PROGRESS Expected to complete by end 2021
An engineering train driving through the full length of the NLE. NLE Kennington Park site - commenced with the waterproofing membrane installation over the top of the basement.
Steelwork at the entrance to the NLE Battersea site. Battersea Station - Escalators were installed between the ticket hall and platform level. 3030 BATTERSEA POWER STATION (“BPS”) Phase 1 Place making in BPS
31 BATTERSEA POWER STATION Phase 2 Site Progress
3 2 3 2
32 BATTERSEA POWER STATION Phase 2
Apple Office Update Malaysia Square – Construction Update
33
33 BATTERSEA POWER STATION Phase 3A – Electric Boulevard Site Progress
34 BATTERSEA POWER STATION Focus to sell the remaining units of BPS. Expected completion of Ph2 in 2Q 2021 and Ph3a in 3Q 2021.
Phase 1 Phase 2 Phase 3A (Circus West) (Power Station) (Electric Boulevard)
Launched January 2013 Launched May 2014 Launched October 2014
GDV (Resi) £842 m GDV (Resi) £729 m GDV (Resi) £858 m
Units 867 Units 255 Units 542
Sold + Reserved 865 units Sold + Reserved 232 units Sold + Reserved 383 units
Remaining 2 units Remaining 23 units Remaining 159 units Take Up Rate 71% Take Up Rate 99% Take Up Rate 91% Expected Expected 2Q 2021 3Q 2021 Completed 4Q 2017 Completion Completion
Expected start of operations of the Northern Line Extension (“NLE”) by end of 2021. 35 CONSTRUCTION UPDATE IN AUSTRALIA
Expected completion of our on-going projects in Australia
Sapphire by the Gardens, Marque Residence, Uno Melbourne Melbourne Prahran GDV AUD 1,052 mil GDV AUD39 mil GDV AUD 402 mil (Apartments) GDV AUD 650 mil (Shangri-La Hotel) GDV AUD 462 mil
Gantry and Heritage Facade View from Percy Street Tower 1 Core
Q3 Q2 Q3 2020 2022 2022
36 FY2020 BUSINESS STRATEGIES AREAS OF FOCUS… FOCUS TO CLEAR UNSOLD STOCKS Top 6 completed Projects account for 914 Million or approximately 64% of the inventories
Setia Eco- Setia Business Setia Sky Vista, Setia V- Alam Impian, Setia Sky88, Cascadia, Residences, Park, Johor Penang Shah Alam Johor Johor Penang RM400mil RM97mil RM95mil RM121mil RM111mil RM90mil
Strategy 1 : FOCUS ON END USERS
Strategy 2 : TARGET OVERSEAS BUYERS Reaching out to overseas market i.e. in Hong Kong, Singapore
Strategy 3 : RIGHT PRICING & FINANCING PACKAGES
38 CLEARING OF UNSOLD STOCKS Completed Inventories reduced by 9% in the last 1 year
Completion of Setia Sky 88 Completion of (Tower A) at RM225 million Setia Sky Vista at RM’Mil in 3Q 2018 RM135 million in 3Q 2019
1,900
1,696 1,683 1,700 1,606 1,581
1,472 1,500 1,459 1,459 1,435 1,394
1,300
1,100
900
700
500 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 Unsold Stock at Cost 39 INVENTORIES MOVEMENT Completed Inventories reduced by RM369mil in the last 1 year
RM’Mil Completion of Setia Sky Vista at RM135 million in 1,800 3Q 2019 1,581 1,600 1,472 1,459 1,394 1,435 1,400
1,200
1,000
800
600
400
200 150 10 13 51 -
(200) (119) (90) (85) (75)
(400) Q4 Q1 Q2 Q3 Q4 2018 2019 2019 2019 2019
Sales from Inventories RM369 million Unsold Stock at Cost Sales Additions
Unsold Stock at Cost 40 DISPOSAL OF NON-STRATEGIC LAND BANKS 4 parcels of Non-Strategic Lands measuring 186.6 acres sold
Sold at RM449 million in 2018
Jalan Ampang (3.08 acres)
Kuala Langat (64.1 acres) Kuala Langat (103.6 acres) Klebang Besar (15.8 acres)
3 parcels Sold at RM87 million in 2019
Page 41 41 DISPOSAL OF NON-STRATEGIC LAND BANKS Remaining 7 parcels of Non-Strategic Lands measuring 439.2 acres with estimated market value of RM1.22 billion
Estimated Land Market Location size Value (acres) (RM’mil) Central Region . Kenny Hills, Kuala Lumpur 7.3 168 . Medan Damansara, Kuala Lumpur
Southern Region . Pontian, Johor 377.3 467 . Tanjung Kupang, Johor
Northern Region . Tanjung Bungah, Penang . Bukit Dumbar, Penang 54.6 582 . Sri Bayu, Penang
Total 439.2 1,217
To Consider JV partners for existing land banks
Page 42 42 INNOVATIONS & INITIATIVES IN FY2020 REJUVENATION OF ALAM IMPIAN Total transformation of Alam Impian into a premier and vibrant township with superb connectivity, lush landscape and lively commercial area
Overall township landscape enhancement
IMPROVED CONNECTIVITY & ACCESSIBILITY Investment into the existing direct Commercial access from LKSA to Alam Impian township and existing primary road.
IMPROVED MIXED COMMERCIAL OFFERINGS (i.e. International school, shops/retails, health park, office, serviced apartment, hotel, etc.)
Future Welcome Centre
44 REBRANDING OF TEMASYA GLENMARIE AS A PREMIUM COMMERCIAL LOCATION
IMPROVED CONNECTIVITY Improve connectivity from Federal Highway to drive growth of 22 acre commercial ENHANCING VALUE plot. Enhancing balance pocket land banks into high value integrated commercial.
PHASE 8C (3.77 ac) Commercial
PHASE 15 PHASE 15 4.25 ac. 4.25 ac KMM Commercial
45 REBRANDING & REJUVENATION OF BAYUEMAS
New welcome center and football pitch Refreshed entrance statement & landscape to Bayuemas Upgrading landscape, public park and main entrance
PHASE A20 (3.33 ac.) 40 units Shop Office
Launching of more commercials in PHASE A18 (3.10 ac.) 16 units Shop Office Bayuemas Township
46 SALES TARGET IN FY2020
MEETING THE UNDERLYING DEMAND… SALES TARGET IN FY2020 Maintain Sales at RM4.55 billion
International, 576 , 13% SALES Local 87% Eastern, 52 , 1% International 13%
Northern, 313 , 7% Sales Target RM4.55 Southern, billion 679 , 15% Central, 2,929 , 64%
The Group will strive to achieve sales target of RM4.55 billion. Barring any escalation from the Covid-19 virus outbreak and its impact on the economic outlook 48 PLANNED NEW LAUNCHES IN CENTRAL REGION
3 StoreyTerraceTerrace Terrace Arvore Residence – Tower B SETIA ALAM SETIA ALAMAN KL ECO CITY GDV: RM55m GDV: RM92m GDV: RM384m
Terrace Terrace Terrace ALAM IMPIAN KOTA BAYUEMAS BANDAR KINRARA GDV: RM92m GDV: RM84m GDV: RM75m 49 PLANNED NEW LAUNCHES IN CENTRAL REGION
3 StoreySemiTerrace-D Bungalow Terrace SETIA ECOHILL SETIA ECOHILL SETIA ECOHILL 2 GDV: RM72m GDV: RM78m GDV: RM78m
Semi-D Terrace Terrace SETIA ECO GLADES SETIA ALAMSARI SETIA WARISAN TROPIKA GDV: RM149m GDV: RM86m GDV: RM97m 50 PLANNED NEW LAUNCHES IN SOUTHERN REGION
Pelangi3 StoreyBoulevardTerrace 2 Semi-D Terrace TAMAN PELANGI SETIA ECO GARDENS SETIA TROPIKA
GDV: RM230m GDV: RM65m GDV: RM111m
Terrace Semi-D Shop Office TAMAN PELANGI INDAH TAMAN RINTING TAMAN RINTING GDV: RM67m GDV: RM34m GDV: RM48m 51 PLANNED NEW LAUNCHES IN NORTHERN REGION
3 StoreyTerraceTerrace Cluster Semi-D SETIA FONTAINES SETIA FONTAINES SETIA FONTAINES
GDV: RM60m GDV: RM81m GDV: RM106m
FOCUS ON LANDED RESIDENTIAL PROPERTIES IN SETIA FONTAINES
Bungalow
SETIA FONTAINES GDV: RM72m 52 Summary of FY2020 Planned Launches
PLANNED LAUNCHES BY REGION PLANNED LAUNCHES BY PRICE
International, RM103 mil , 2% Northern , Below RM500k, RM358 mil, RM422 mil , Above RM1 mil, 10% 8% RM2,063 mil , 47% Planned Southern, 88% Launches will be from RM944 mil , Central , 22% RM2,994 mil , Township & RM4.40 68% Eco Themed billion Developments
RM501k- RM1 mil, RM1,914 mil , 43% PLANNED LAUNCHES BY TYPE
Affordable Housing, Commercial, RM233 mil , 5% RM885 mil , 20%
Apartment 64% s/ will be from Landed Condomini Residential, Landed ums, RM2,789 mil , Residential RM492 mil 64% , 11%
53 53 UNBILLED SALES, LAND BANKS & GDV
STRONG PIPELINE… UNBILLED SALES, LAND BANKS AND REMAINING GDV Unbilled Sales of RM10.67 billion is Supported by 8,858 acres of Remaining Land Banks and RM141.84 billion of Remaining GDV as at 31 Dec 2019
International, International, Eastern, 316 , 4% 16.6, 12% 53 , 1% Northern, Eastern, 1,467 , 4.0, 3% 16% Northern, 17.0, 12% Remaining Remaining Land banks GDV 8,858 RM141.84 acres billion
Central, Southern, Southern, 4,767 , 54% 20.2, 14% 2,254 , 25% Central, . Currently in good stead in terms of land banks and 84.0, 59% potential GDV which will last us beyond 30 years based on the FY2019’s sales of RM4.56 billion Unbilled sales – Local = RM4.26 billion Unbilled sales – International = RM6.41 billion . Consider only opportunistic buys as and when growth corridors become apparent
Remaining Land Banks and Remaining GDV * *Effective stake 55 48 ONGOING PROJECTS Wide Range of Product Offerings to Support Growth
Central Southern Northern
22 Setia Alam 11 Setia Eco Cascadia 6 Setia Pearl Island Setia City Setia Tropika Setia Greens Setia Ecohill Setia Indah SPICE Setia Sky Vista Setia Ecohill 2 Setia Eco Gardens Setia Sky Ville Setia Eco Park Bukit Indah Johor Setia Fontaines Setia Eco Templer Setia Business Park II Setia Eco Glades Taman Perling Eastern Setia Sky Seputeh Taman Rinting 1 Aeropod Setia Seraya Residences Taman Pelangi TRIO by Setia KL Eco City Taman Pelangi Indah International Bandar Kinrara Taman Industri Jaya Temasya Glenmarie 8 Battersea Power Station Alam Impian Sapphire By The Gardens Bandar Baru Seri Petaling Uno, Melbourne Setia Alamsari Marque Residence Kota Bayuemas Eco Xuan Alam Damai Eco Lakes Alam Sutera Qinzhou Industrial Park Setia Mayuri Daintree Residence Setia Safiro Setia Warisan Tropika
56 TOP AWARDS RECEIVED IN FY2019 S P Setia obtained a total of 25 awards and accolades in FY2019
th 11th Time Winner 12th Time Winner 10 Time Winner
World Gold Winner The Edge Malaysia Property Kincentric Best Employers* Award FIABCI World Prix d’Excellence Excellence Awards 2019 – 2019 Awards 2019 No. 1 Developer Best Employers Malaysia Hall of Fame Purpose Build – Setia SPICE, Penang *Formerly known as Aon Best Employers Award
th 12th Time Winner 9 Time Winner
BCI Asia Awards 2019 Top Ten Developers (Malaysia) Malaysia Landscape Architecture Awards FIABCI Malaysia Property Award 2019 (MLAA 2018 awarded in 2019) Best Office Category – KL Eco City Landscape Development Awards – Developer & GLC (KLEC) i) Renewal Clean Energy Application for Landscape Features at Elizabeth Falls and Victoria Springs, Setia Eco Park – Excellence Award ii) Adventure Park at Setia Ecohill 2, Semenyih – Honour Award 5757 Q & A Thank You