【SPSETIA 8664 交流专区】实达集团

icy97

icy97 发表于 25-12-2016 06:17 AM
实达6.2亿向莫实得种稙购地

（吉隆坡22日讯）实达集团（SPSETIA，8664，主板产业组）宣布，该公司正式签署买卖合约，以6亿2012万令吉代价向莫实得种稙（BPLANT，5254，主板种植组）收购槟城威省北部的5块毗邻总 ...

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	S P SETIA BERHAD ("S P SETIA" OR THE "COMPANY")PROPOSED ACQUISITION OF FREEHOLD LANDS MEASURING APPROXIMATELY 1,674.83 ACRES LOCATED IN MUKIM 6, SEBERANG PERAI UTARA, PULAU PINANG BY SETIA RECREATION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF S P SETIA FOR A TOTAL PURCHASE CONSIDERATION OF APPROXIMATELY RM620.12 MILLION ("PROPOSED ACQUISITION")
We refer to the Company’s announcements dated 9 November 2016 and 22 December 2016 (“Announcements”) in relation to the Proposed Acquisition. Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as defined in the Announcements. Further to the Announcements in relation to the Proposed Acquisition, the Board wishes to announce that Setia Recreation Sdn Bhd has today paid the full Balance Purchase Price to the solicitors of the Vendor, CIMB Islamic Trustee Berhad (acting solely in the capacity as trustee for Boustead Plantations Berhad) pursuant to the terms of the Sale and Purchase Agreement dated 22 December 2016 and completed the Proposed Acquisition on 26 September 2017. This announcement is dated 26 September 2017.

icy97

S P SETIA BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Others
Details of corporate proposal	Dividend Reinvestment Plan ("DRP") that provides the shareholders of S P Setia Berhad ("S P Setia") with an option to elect to reinvest their entire interim dividend of 4.0 sen per ordinary share in S P Setia ("S P Setia Share(s)") for the financial year ending 31 December 2017 into new S P Setia Shares ("8th DRP")
No. of shares issued under this corporate proposal	35,787,575
Issue price per share ($$)	Malaysian Ringgit (MYR)   3.0900
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	3,022,240,940
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 6,762,137,545.290
Listing Date	16 Oct 2017

icy97

Type	Announcement
Subject	OTHERS
Description	S P SETIA BERHAD ("S P SETIA" OR THE "COMPANY")DIVIDEND REINVESTMENT PLAN ("DRP") THAT PROVIDES THE SHAREHOLDERS OF S P SETIA WITH AN OPTION TO ELECT TO REINVEST THEIR INTERIM DIVIDEND OF 4.0 SEN PER ORDINARY SHARE IN S P SETIA ("S P SETIA SHARE(S)") FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2017 INTO NEW S P SETIA SHARES ("8TH DRP")
Reference is made to the Company's announcement dated 17 August 2017, 18 August 2017, 29 August 2017, 18 September 2017 and 13 October 2017 in relation to the 8th DRP. On behalf of the Board of Directors of S P Setia, MIDF Amanah Investment Bank Berhad ("MIDF Investment") wishes to announce that S P Setia has issued and allotted 35,787,575 new S P Setia Shares on 13 October 2017 pursuant to the 8th DRP ("New Shares"). The New Shares were listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Monday, 16 October 2017. The New Shares issued represents 92.58% of the total number of new S P Setia Shares that would have been issued if all the entitled shareholders had elected to reinvest their respective electable portions into new S P Setia Shares pursuant to the 8th DRP. With the issuance and allotment of the New Shares, the enlarged issued share capital of S P Setia is RM6,762,137,545.29 divided into 3,022,240,940 S P Setia Shares.

icy97

icy97 发表于 24-6-2017 12:07 AM
发附加优先股私配
实达筹36亿买岛屿

2017年6月23日
（吉隆坡22日讯）配合收购“姐妹公司”岛屿集团（I&P），实达集团（SPSETIA，8664，主板产业股）建议发售附加股、优先股和私下配售，各12亿令吉，筹资36亿令 ...

实达加快整合半岛

（吉隆坡16日讯）实达集团（SPSETIA，8664，主板产业组）与国民投资公司（PNB）就收购半岛（I&P）事宜签属补充协议，两大产业公司现可在附加股计划完成前整合，预见整合活动将提前在2018年1月1日前完成。

整合计划提前至2018年初

该公司发文告表示，除加快整合计划外，国投也允许实达集团可在附加股和私下配售计划完成后的3个工作日后才支付收购款项，而非原先的整合计划完成后。

此外，根据原有协议，实达集团将通过转移半岛大厦和Kinrara度假村等方式，偿还半岛拖欠国投为数1亿1225万3000令吉债务，但在重估后，债务与资产出现1024万7000令吉价差，因此国投将向公司支付相关价差。

实达集团是在今年6月22日宣布，将通过发售附加股和私下配售新股方式，以总值36亿5000万令吉收购半岛。

文章来源：
星洲日报‧财经‧2017.10.17

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	S P SETIA BERHAD ("S P SETIA" OR "COMPANY")(I)        PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN I&P GROUP SDN BERHAD;(II)        PROPOSED RIGHTS ISSUE OF SHARES; (III)        PROPOSED RIGHTS ISSUE OF RCPS-i B;(IV)        PROPOSED PLACEMENT; AND(V)        PROPOSED AMENDMENTS TO THE CONSTITUTION OF S P SETIA(COLLECTIVELY TO BE REFERRED TO AS "PROPOSALS")
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Company’s announcements dated 22 June 2017, 13 July 2017, 26 July 2017, 18 August 2017 and 19 September 2017 in relation to the Proposals) 1.             INTRODUCTION On behalf of the Board of Directors of S P Setia (“Board”), Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that the Company has today entered into a supplemental agreement with the I&P Vendors to amend and vary certain terms of the SPA (“Supplemental SPA”) (“Variations”). In addition, on behalf of the Board, Maybank IB also wishes to announce that the Board has also resolved to waive the condition precedent under the SPA in relation to the listing of the Rights Shares and RCPS-i B on the Main Market of Bursa Securities (“Listing Condition”) (“Waiver”). With the Waiver, the completion of the Proposed I&P Acquisition can take place ahead of the completion of the Proposed Rights Issue of Shares and Proposed Rights Issue of RCPS-i B. 2.             DETAILS OF THE VARIATIONS The Company and the I&P Vendors have agreed to amend and vary certain terms of the SPA to, inter-alia, allow the Company to settle the Purchase Consideration (comprising the Deposit, Retention Sum and/or the Balance Sum, where applicable) within 3 Business Days from the listing of the Rights Shares and RCPS-i B or the drawdown of the facilities to be obtained by the Company, whichever is later (“Payment Date”), instead of on the Completion Date. The Company and the I&P Vendors have also further agreed that if the Purchase Consideration are not paid within 3 months from the Completion Date (“Interest-Free Period”), interest shall accrue on the outstanding sum, at a rate of 5% per annum calculated on a daily basis from the expiry of the Interest-Free Period up till the Payment Date, and such accrued interest shall be paid to the I&P Vendors on the Payment Date. The key changes to the SPA arising from the Supplemental SPA are set out in the appendix of this Announcement. 3.             RATIONALE FOR THE WAIVER AND VARIATIONS With the Waiver, the Company will be able to expedite the completion of the Proposed I&P Acquisition which in turn will allow the Company to expedite the commencement of the business integration of the S P Setia Group and the I&P Group prior to 1 January 2018, being the next financial year of the enlarged group. The Variations will enable the Company to complete the Proposed I&P Acquisition prior to receiving the proceeds from the Proposed Rights Issue of Shares and Proposed Rights Issue of RCPS-i B without any interest so long as the Company settles the Purchase Consideration within the Interest-Free Period. The Company expects to be able to complete the Proposed Rights Issue of Shares and Proposed Rights Issue of RCPS-i B within 3 months from the Completion Date. 4.             EFFECTS OF THE WAIVER AND VARIATIONS ON THE PROPOSALS The Waiver and Variations will not have any effect on the share capital, NA per S P Setia Share, gearing and substantial shareholders’ shareholdings in S P Setia. The Waiver and Variations will enable the Company to expedite the completion of the Proposed I&P Acquisition prior to 1 January 2018, which in turn allows the Company to consolidate the I&P Group’s financial results with that of the S P Setia Group for the FYE 31 December 2017 on a full year basis by applying predecessor value method applicable to business combinations of entities under common control. 5.             AUDIT COMMITTEE’S STATEMENT The Audit Committee of S P Setia (save for Dato’ Azmi Bin Mohd Ali who is an Interested Director), after having considered the rationale for the Waiver, the salient terms of the Supplemental SPA and the views of Affin Hwang IB, is of the view that the Supplemental SPA is: (i)             in the best interest of S P Setia; (ii)            on fair and reasonable commercial terms; and (iii)           not detrimental to the interest of the non-interested shareholders of S P Setia. 6.             DIRECTORS’ STATEMENT The Board (save for the Interested Directors), after having considered the rationale for the Waiver and the salient terms of the Supplemental SPA, is of the opinion that the Supplemental SPA is in the best interest of S P Setia. 7.             DOCUMENT AVAILABLE FOR INSPECTION The Supplemental SPA is available for inspection at the registered office of S P Setia at Plaza 138, Suite 18.03, 18th Floor, 138 Jalan Ampang, 50450 Kuala Lumpur during normal business hours from Monday to Friday (except public holidays) for a period of three (3) months from the date of this Announcement. This Announcement is dated 16 October 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5573853

Attachments S P Setia Berhad - Announcement dated 16 October 2017 (Appendix).pdf

icy97

Name	PERMODALAN NASIONAL BERHAD
Address	Tingkat 4, Balai PNB 201-A, Jalan Tun Razak Kuala Lumpur 50400 Wilayah Persekutuan Malaysia.
Company No.	038218X
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	16 Oct 2017	10,836,211	Others	Direct Interest
	Name of registered holder	Permodalan Nasional Berhad
	Address of registered holder	Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur
	Description of "Others" Type of Transaction	DR

Circumstances by reason of which change has occurred	Dividend Reinvested (DR)
Nature of interest	Direct Interest
Direct (units)	847,933,555
Direct (%)	28.056
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	847,933,555
Date of notice	16 Oct 2017
Date notice received by Listed Issuer	19 Oct 2017

icy97

Name	AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
Address	Tingkat 4, Balai PNB 201-A, Jalan Tun Razak Kuala Lumpur 50400 Wilayah Persekutuan Malaysia.
Company No.	766894-T
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	16 Oct 2017	10,178,171	Acquired	Direct Interest
	Name of registered holder	AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
	Address of registered holder	Tingkat 4, Balai PNB 201-A Jalan Tun Razak 50400 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Purchase of shares (DRP)
Nature of interest	Direct Interest
Direct (units)	790,454,402
Direct (%)	26.155
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	790,454,402
Date of notice	16 Oct 2017
Date notice received by Listed Issuer	19 Oct 2017

icy97

Bangsar Market明年首季開幕 料成國內最大城市超市

2017年10月24日
（吉隆坡24日訊）實達集團（SPSETIA，8664，主要板房產） 指出，Bangsar Market明年首季將開幕，料成為國內最大城市超市。

財經日報《The Edge》報導，實達集團分部總經理林東尼（譯音）今日在實達國際中心開幕儀式上指出，KL Eco City Mall二樓的Bangsar Market面積達5萬4000平方尺，一旦開幕，將是國內最大城市超市。

“明年首季，Bangsar Market將開幕，現在他們（Jaya Grocer）正在為開設籌備中。”

林東尼說，這個Bangsar Market的城市超市概念，來自國際知名市場如倫敦肯頓市集和墨爾本的維多利亞市場。

KL Eco City Mall是實達集團和吉隆坡市政廳的合作計劃，它是國內最大的綜合商業和住宅發展項目之一，占地750萬平方尺，發展總值70億令吉。【中国报财经】

icy97

艾芬黄氏：实达集团购I&P及供股计划公平且合理
Sulhi Azman/theedgemarkets.com
October 25, 2017 17:51 pm MYT

（吉隆坡25日讯）独立顾问艾芬黄氏投资银行指出，实达集团（S P Setia Bhd）以36亿5000万令吉收购I&P Group私人有限公司，并通过附加股筹集高达24亿令吉的计划是公平与合理，且对小股东没有不利影响。

艾芬黄氏投行今日在通告表示：“因此，我们建议您（实达集团股东）在即将举行的股东特别大会（EGM）上，投票赞成有关I&P收购和附加股计划。”

艾芬黄氏指出，这些计划是合理的，因实达集团将能够加强其在产业发展的市场地位，同时提供协同效益。

“实达集团的股东将受益于扩大后产业发展公司，在中长期内创造的潜在收入。”

实达集团目前拥有的地库为5452英亩，发展总值可达800亿3000万令吉。一旦完成收购，地库将增加78.43%至9728英亩，成为全国第三大产业发展商。

至于收购I&P的物业，艾芬黄氏称，实达集团独立估值师所给予的估值是公平的，所采用的方法亦合理。

早前，实达集团于6月22日宣布，计划收购I&P Group，以加强在产业发展的地位。

为了筹措资金，该集团提出发行普通附加股和B类回教可赎回可转换优先股，以及配售新股。每项计划预计将筹集高达12亿令吉。

实达集团表示，54.8%的收购金额将通过证券支付，41.1%是贷款，以及余下的4.1%将是内部资金。

（编译：陈慧珊）

Subject

CIRCULAR TO SHAREHOLDERS AND ISLAMIC REDEEMABLE CONVERTIBLE PREFERENCE SHARE HOLDERS OF S P SETIA BERHAD ("S P SETIA"), WHERE APPLICABLE, IN RELATION TO THE: PART A PROPOSED BANGI LAND ACQUISITION; PART B INDEPENDENT ADVICE LETTER FROM AFFIN HWANG INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF S P SETIA IN RELATION TO THE PROPOSED BANGI LAND ACQUISITION; PART C (I) PROPOSED I&P ACQUISITION; (II) PROPOSED RIGHTS ISSUE OF SHARES; (III) PROPOSED RIGHTS ISSUE OF RCPS-i B;(IV) PROPOSED PLACEMENT; AND (V) PROPOSED AMENDMENTS; PART D INDEPENDENT ADVICE LETTER FROM AFFIN HWANG INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF S P SETIA IN RELATION TO THE PROPOSED I&P ACQUISITION, PROPOSED RIGHTS ISSUE OF SHARES AND PROPOSED RIGHTS ISSUE OF RCPS-i B; AND NOTICES OF EXTRAORDINARY GENERAL MEETINGS

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5580845

Attachments SP Setia Berhad Circular 25 Oct 2017 Part 1.pdf SP Setia Berhad Circular 25 Oct 2017 Part 2.pdf SP Setia Berhad Circular 25 Oct 2017 Part 3.pdf

Tony-Pua

实达第三季净利飙89%
首9个月赚4.94亿
2017年11月9日
http://www.enanyang.my/news/20171109/实达第三季净利飙89-br-首9个月赚4-94亿/

（吉隆坡9日讯）实达集团（SPSETIA，8664，主板产业股）截至9月30日第三季，净利激增88.9%至2亿5321万7000令吉；惟营业额则跌33.3%，报8亿4249万令吉。

累计首9个月，净利扬29%至4亿9472万0000令吉；营业额滑落19.1%，报25亿7739万4000令吉。

实达集团向交易所报备，首9个月的税前盈利为6.677亿令吉，比去年同期要高2%。

不过，基于许多项目早前已经竣工并交付，再加上许多潜在出售的项目仍在建筑初期，因此，公司同期的营业额按年萎缩了19%。

根据文告，实达集团年初迄今的销售额达28.2亿令吉，其中，本地项目共占16.6亿令吉，或59%；而海外项目则贡献11.6亿令吉，相等于41%。

该公司表示，本地所录得的销售额，主要来自中部区域，达11.7亿令吉。至于南部和北部，总计4.95亿令吉。

海外项目报捷

海外项目方面，墨尔本的Sapphire By The Gardens项目持续报捷，在推介不足4个月，就录得高达83%的认购率，报8.717亿令吉。

此外，伦敦的巴特西电站项目则贡献1.492亿令吉，而新加坡和越南则共有8940万令吉的销售额。

40亿销售目标可期

实达集团总裁兼总执行长拿督许捷任，通过文告指出，虽然总销售表现符合预期，但本地市场依旧呆滞，只有特定产品和地点的项目出现强劲需求。

“然而，我们还是对国际市场的需求回升感到高兴。今年首9个月的销售额，已经超越去年全年的表现。”

整体而言，该公司仍预见，国际项目将有更稳定的贡献，并持续正面看待实达集团能达到40亿令吉的销售目标。

许捷任续称，今年10月对公司而言是个重大的里程碑，因第一期的巴特西电站项目已经竣工，共有865个单位。

目前，已有400名住户和租客迁至该住宅。

展望末季，实达集团将专注于在巴生谷推出中端有地产业。

重新部署公寓项目

推迟中价有地产业

从目前的市场情绪来看，该公司决定重新部署公寓项目的推出，如Setia Sky Seputeh（B栋）。同时，也推迟推出更多的中价有地产业。

在末季，实达集团计划推出发展总值达20.3亿令吉的楼盘，分别遍布在实达阿南（Setia Alam）、Setia Ecohill、Setia Eco Templer及吉隆坡生态城（KL Eco City）。

凭着70.5亿令吉的未入账销售、31个进行中的项目，及5384英亩的地皮，实达集团正面看待其前景。

8664    SPSETIA    SP SETIA BHD

Quarterly rpt on consolidated results for the financial period ended 30/09/2017

Quarter: 3rd Quarter Financial Year End: 31/12/2017 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2017 30/09/2016 30/09/2017 30/09/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 842,490 1,263,607 2,577,394 3,185,366 2 Profit/Loss Before Tax 309,422 260,440 667,672 657,435 3 Profit/(loss) attributable to ordinary equity holders of the parent 253,217 134,065 494,720 383,235 4 Net Profit/Loss For The Period 279,301 153,746 553,661 436,608 5 Basic Earnings/Loss Per Shares (sen) 7.11 4.88 15.64 14.36 6 Dividend Per Share (sen) 4.00 4.00 4.00 4.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 2.8700 2.8300

icy97

未入账销售及新产业助力．末季看俏．实达全年40亿销售可期

（吉隆坡10日讯）实达集团（SPSETIA,8664,主板产业组）2017财政年第三季净利符合市场预期，分析员普遍看好在强劲未入账销售及新推产业助力下，第四季业绩表现看俏，全年40亿令吉销售目标可期。

第3季净利符预期

另外，分析员也看好实达集团收购半岛（I&P）能够增加地库之余，更能推高市值，且有望被纳入成为富时综指成份股。

实达集团2017财政年第三季净利，由前期的1亿3406万5000令吉走高88.9%至2亿5320万令吉，大众研究指出，符合该行及市场全年盈利预测。

大众指出，实达集团首9个月净利仅分别符合该行及市场全年预测的63%及66%，不过，预计在英国巴特西发电厂及本地其他项目推动下，第四季将能交出强劲表现。

实达集团未入账销售高达70亿5000万令吉，大众相信该公司正向全年40亿令吉销售目标迈进。

肯纳格研究指出，实达集团2017财政年首9个月销售达28亿2000万令吉（其中59%贡献自本地市场，剩余为海外市场），符合管理层及该行全年销售目标40亿令吉的71%。

肯纳格认为，实达集团管理层有信心能够在2017财政年达到销售目标。

大众认为，实达集团的地库多，且地点适中，加上表现稳定、良好的盈利透明度及不断增加的周息率，皆是利好。

大众探悉，实达集团将在短期内，在巴生河流域专注于推出中档有地房产项目。

大众预计实达集团将在2017财政年第四季，推出价值约20亿3000万令吉的房产项目。

安联星展研究却相对看淡实达集团2017财政年第四季盈利表现，认为在海外项目显著减少贡献及缺乏催化剂下，表现将相对疲弱，并相信产业销售将放缓，从而拖累盈利增长前景。

达证券则因为实达集团的巴特西发电厂第二期延期，因此下砍2019财政年财测5.9%。

另外，MIDF研究预计，实达集团以36亿5000万令吉收购半岛的计划料于2017财政年第四季完成。

36.5亿购半岛料第4季完成
市值或增至150亿

“我们预计，实达集团收购的地库市价达61亿5000万令吉，相信在完成收购计划后，该公司的市值将增加至140亿至150亿令吉之间，并是纳入富时综指成份股的规模（假设私下配售提高股票流动率及更高的市值获得改善）。”

MIDF预计，实达集团有望在明年可以加入成为富时综指成份股，且这将是重估的催化剂，同时，该公司也拥有良好的5.6%周息率。

达证券同意，收购半岛，将加速实达集团扩张地库的计划。

达证券表示，实达集团收购半岛，能够增加该公司的市值，预计可由目前的100亿令吉增加至2021年的180亿令吉。

对于收购半岛计划，联昌研究则认为，短期料稀释实达集团盈利，促使2018财政年每股盈利潜在下滑33%，不过，长期而言，却能够带领该公司跃升成为全马第三大产业发展商。

文章来源：
星洲日报·财经·报道：刘玉萍·2017.11.10

icy97

实达集团收购壮大/万年船

2017年11月12日

小股东大权利

国民投资机构（PNB）诚然是今年话题最多的公司之一，上个月我们刚度过一个令人惊讶的合顺油气（UMWOG）之月。

合顺油气的附加股乏人问津，白表格要卖也卖不出，小股东憋着一口气拿钱（每股30仙）来认购，没想到新股上市之后生龙活虎般跳跃，轻易攀上30仙以上，4送1的免费新凭单更一举站上25仙，让掏荷包的小股东赚到笑呵呵。

接下来的第二场戏轮到实达集团（SPSETIA）。自从实达集团和丹斯里刘启盛分道扬镳以后，见到后者的公司（绿盛世集团-ECOWORLD）来势汹汹，奋起直追，也激起集团的雄心壮志，要把业务做得更大更好；于是，产生了这次36.5亿令吉的收购活动，把岛屿和半岛（I&P集团）纳入旗下。

36.5亿令吉的资金，其中10至12亿的资金来自附加股建议，另外10至12亿令吉则以可赎回可转换的回教优先B股（RCPS-i B）募集，其余则从公司内部资金或贷款凑足。

市值上看150亿

经过这次并购，公司的股票资本将进一步壮大至40至45.5亿股左右，如果以其股价约是3.30令吉的话，市值可到150亿令吉，成功抛离渐渐逼近的绿盛世集团两家公司的市值总和（约70亿令吉）。

目前，实达集团的市值约是100亿令吉，和即将分拆的森那美产业市值不相上下。

回教优先股食髓知味

此外，实达集团食髓知味，再次建议回教优先股。这次的回教优先B股和之前的回教优先A股，性质上大同小异，除了预定股息和转换价有所差别。

如果一切符合所预测的盈利，回教优先A股的股息是6.49%，在15年后如果没有赎回，将每年增加1%，直到最高20%为止；建议中的回教优先B股，预定股息是5.93%，在5年后如果没有赎回，将每年增加1%，直到最高20%为止。

我们对这优先B股深感兴趣，只是担心公司在5年后即刻赎回，让我们无法享受到未来的高股息而已。

至于转换价基本上是根据优先股推出时的股价计算出来，基本上还算公平。

之前的回教优先A股的转换价是7股换2母股；而建议的回教优先B股转换价未定，可能是21股换5母股。我们投资这优先股，志不在转换，所以在这里打住，不继续讨论。

至于其附加股能否像合顺油气那么标青，大家不妨在股东会议里问问董事部，看他们如何反应。【e南洋】

icy97

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	S P SETIA BERHAD ("S P SETIA" OR "COMPANY")(I)        RIGHTS ISSUE OF SHARES; AND(II)        RIGHTS ISSUE OF RCPS-i B(COLLECTIVELY TO BE REFERRED TO AS THE "RIGHTS ISSUE")
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Company’s Circular dated 25 October 2017 in relation to, among others, the Rights Issue) On behalf of the Board of Directors of S P Setia (“Board”), Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that the Board has today fixed the following: (i)     the issue price for the Rights Shares at RM2.65 each (“Rights Share Issue Price”) at an entitlement basis of 2 Rights Shares for every 15 existing S P Setia Shares held as at 5.00 p.m. on 30 November 2017 (“Entitlement Date”); (ii)    the issue price for the RCPS-i B at RM0.88 each (“RCPS-i B Issue Price”) at an entitlement basis of 2 RCPS-i B for every 5 existing S P Setia Shares held on the Entitlement Date; and          (iii)   the Conversion Ratio for the RCPS-i B of 5 new S P Setia Shares for every 21 RCPS-i B held. The Rights Share Issue Price of RM2.65 represents a discount of approximately 20.2% to the TERP of S P Setia Shares of RM3.32 based on the 5-day VWAMP of S P Setia Shares up to and including 15 November 2017, being the last market day prior to the price-fixing day (“Last Market Day”). Based on the RCPS-i B Issue Price and the Conversion Ratio, the implied conversion price for the RCPS-i B is RM3.70 for every new S P Setia Share (“Implied Conversion Price”), representing a premium of approximately 11.4% to TERP of S P Setia Shares of RM3.32 based on the 5-day VWAMP of S P Setia Shares up to and including the Last Market Day.    The Rights Share Issue Price and the RCPS-i B Issue Price were determined by the Board, after taking into consideration, inter alia, the funding requirements of the Company to part-finance the I&P Acquisition and the prevailing market price of the S P Setia Shares. The Implied Conversion Price is set at a premium after taking into consideration, among others, the convertibility feature of RCPS-i B at any time prior to the Company exercising the redemption option as well as the prospects of the enlarged Group. In addition to the above, on behalf of the Board, Maybank IB also wish to announce that the Company has today entered into an underwriting agreement with Maybank IB and RHB Investment Bank Berhad (collectively, the “Joint Underwriters”) where the Joint Underwriters will underwrite up to an aggregate of 156,378,323 Rights Shares, representing approximately 34.60% of the total Rights Shares, for which no undertaking has been obtained, at the Rights Share Issue Price. This announcement is dated 16 November 2017.

icy97

EX-date	28 Nov 2017
Entitlement date	30 Nov 2017
Entitlement time	05:00 PM
Entitlement subject	Rights Issue
Entitlement description	Renounceable rights issue of new ordinary shares in S P Setia Berhad ("S P Setia") ("Rights Shares") on the basis of 2 Rights Shares for every 15 existing ordinary shares in S P Setia held as at 5.00 p.m. on 30 November 2017 at an issue price of RM2.65 per Rights Share ("Rights Issue of Shares")
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel: 03-2783 9299Fax: 03-2783 9222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	30 Nov 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Ratio
Ratio	2 : 15
Rights Issue/Offer Price	Malaysian Ringgit (MYR) 2.650

Despatch date	05 Dec 2017
Date for commencement of trading of rights	04 Dec 2017
Date for cessation of trading of rights	12 Dec 2017
Date for announcement of final subscription result and basis of allotment of excess Rights Securities	27 Dec 2017
Listing Date of the Rights Securities	04 Jan 2018

Last date and time for	Date	Time
Sale of provisional allotment of rights	11 Dec 2017	at	05:00:00 PM
Transfer of provisional allotment of rights	14 Dec 2017	at	04:00:00 PM
Acceptance and payment	19 Dec 2017	at	05:00:00 PM
Excess share application and payment	19 Dec 2017	at	05:00:00 PM

icy97

EX-date	28 Nov 2017
Entitlement date	30 Nov 2017
Entitlement time	05:00 PM
Entitlement subject	Rights Issue
Entitlement description	Renounceable rights issue of new class B Islamic redeemable convertible preference shares in S P Setia Berhad ("S P Setia") ("RCPS-i B") on the basis of 2 RCPS-i B for every 5 existing ordinary shares in S P Setia held as at 5.00 p.m. on 30 November 2017 at an issue price of RM0.88 per RCPS-i B ("Rights Issue of RCPS-i B")
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel: 03-2783 9299Fax: 03-2783 9222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	30 Nov 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Ratio
Ratio	2 : 5
Rights Issue/Offer Price	Malaysian Ringgit (MYR) 0.880

Despatch date	05 Dec 2017
Date for commencement of trading of rights	04 Dec 2017
Date for cessation of trading of rights	12 Dec 2017
Date for announcement of final subscription result and basis of allotment of excess Rights Securities	27 Dec 2017
Listing Date of the Rights Securities	04 Jan 2018

Last date and time for	Date	Time
Sale of provisional allotment of rights	11 Dec 2017	at	05:00:00 PM
Transfer of provisional allotment of rights	14 Dec 2017	at	04:00:00 PM
Acceptance and payment	19 Dec 2017	at	05:00:00 PM
Excess share application and payment	19 Dec 2017	at	05:00:00 PM

icy97

首次烧到官联公司
实达子公司被追税7538万

2017年11月18日
（吉隆坡17日讯）实达集团（SPSETIA，8664，主板产业股）子公司Bandar Setia Alam私人有限公司，被内陆税收局追讨5198万5822令吉税务，加上2339万3619令吉罚金，共计7537万9442令吉。

税收局追税雷厉风行，今年，同样遭到税收局追税的包括成业资源（SYF，7082，主板消费产品股）、益可第一（ECOFIRS，3557，主板产业股）、MK置地（MKLAND，8893，主板产业股）和可口食品（COCOLND，7205，主板消费产品股）。

值得注意的是，这也是税收局第一次将追税的行动，延伸至官联公司（GLC）。实达集团的大股东为国民投资机构（PNB）。

实达集团向交易所报备，税收局信函的日期是周二（14日），不过，该公司在周四下午4点38分时才收到电邮。

税收局是针对2008、2009、2010、2011和2013课税年展开税务追讨，因为税收局认为，Bandar Setia Alam脱售地皮和产业所得，是需要根据《1967年所得税法令》缴税，而不是依据《1976年产业盈利税法令》行事。

无论如何，Bandar Setia Alam与法律顾问洽谈后，认为有合理的理由去挑战税收局的发出税务追讨通知和罚款的基础和有效性。

该公司认为，脱售投资产业属于资本交易，理应隶属《1976年产业盈利税法令》的范围。

因此，Bandar Setia Alam将挑战有关通知，并且会采取任何必要行动，捍卫其与实达集团的利益。

若有进一步显著发展，该公司将作出公布。【e南洋】

Type	Announcement
Subject	OTHERS
Description	NOTICES OF ADDITIONAL ASSESSMENT RECEIVED FOR PRIOR YEARS FROM INLAND REVENUE BOARD OF MALAYSIA BY BANDAR SETIA ALAM SDN BHD
Pursuant to Paragraph 9.04(f) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, S P Setia Berhad (“S P Setia”) wishes to announce that, a wholly-owned subsidiary of S P Setia, Bandar Setia Alam Sdn Bhd (“BSASB”), was served by Inland Revenue Board of Malaysia (“MIRB”) with Notices of Additional Assessment for the Years of Assessment (“YAs”) 2008, 2009, 2010, 2011 and 2013 dated 13 November 2017 via MIRB’s letter dated 14 November 2017 but was only received via email at 4.38pm on 16 November 2017 for an additional income tax of RM51,985,822.19 and a penalty of RM23,393,619.99 totalling RM75,379,442.18. The abovementioned additional income tax and penalty were imposed by the MIRB as the MIRB has taken the view that the gains from the disposal of land and properties held under Investment Properties under BSASB in the abovementioned YAs are chargeable to income tax under the Income Tax Act 1967 instead of the Real Property Gains Tax Act 1976 (“RPGTA”). Upon consulting its tax solicitors, BSASB is of the view that there are reasonable grounds to challenge the basis and validity of the disputed Notices of Additional Assessment raised by the MIRB and the penalty imposed as BSASB takes the view that the sales of the Investment Properties are capital transactions which fall under the purview of RPGTA. BSASB will challenge the said disputed Notices of Additional Assessment and take all necessary actions to protect the interest of BSASB and the S P Setia Group. Any further material development of the above matter will be announced in due course. This announcement is dated 17 November 2017.

icy97

许捷任:有信心高过今年
实达冀明年销售破40亿

2017年11月16日
（吉隆坡16日讯）实达集团（SPSETIA，8664，主板产业股）放眼，2018年的销售目标至少达到40亿令吉。

实达集团总裁兼总执行长拿督许捷任，虽没明确透露销售数字，但有信心不会比今年少。

“市场淡静，我们正致力于实现今年40亿令吉的销售目标，明年的（销售目标）还言之过早，但不会比今年少。”

实达集团早前提出的两项献议，今日在股东特别大会上皆获股东全数通过。

发股买地建议放行

该两项献议分别是以约4亿4758万令吉，收购万宜一块342.5英亩地皮及发售附加股、B类回教可转换优先股（RCPS-i B）和私下配售，最终各筹12亿令吉来收购岛屿集团私人有限公司（I&P）。

今天特大的出席者，还包括执行副总裁兼财务总监蔡家耀、副总裁兼营运总监拿督黄德威，以及主席丹斯里万莫哈末扎希。

许捷任指出，收购活动能让实达集团享有极佳的协同效应，因岛屿集团所拥有的地库及万宜地皮，都在公司现有产业发展项目附近。

“而且，岛屿集团在实达阿南旁也有发展项目，面积为约400英亩，这对公司来说是个好机会，壮大实达阿南城镇项目。”

地库大增 晋第三大发展商

完成收购岛屿集团后，实达集团的地库，将从现有的5452英亩，增加4276英亩至9728英亩。

这些新增地库都来自巴生谷和柔佛新山，也是实达集团现有项目的地点。

预计末季完成收购岛屿集团，届时，实达集团将晋升大马第三大发展商。

他也说，目前实达集团在士毛月发展城镇计划——Setia Ecohill和Setia Ecohill 2。

新收购万宜地皮和岛屿集团旗下项目，如Brogaville、Alam Sari和Glengowrie，将使实达集团成为大吉隆坡南部走廊主要业者。

他补充，岛屿集团的350名员工，在城镇发展方面拥有丰富经验，也有助于公司扩大版图。

不会激进推新项目

谈及实达集团明年的计划，许捷任说：“明年我们不会过于激进，前面几个月将审查所有土地，并为土地增值，下半年才会陆续推出项目。”

“这些土地中，有些是策略地点，有些是成熟区，但我们想要的是交换更多土地，这将会是未来几个月专注的环节。”

员工方面，他指出，部分岛屿集团员工会留守现有岗位，部分则会调任到实达集团或其他团队。

房市明年回暖

展望2018年，许捷任称，市场依然低迷，但预计明年会回升，至于速度则取决于市场的催化剂。

“现阶段，市场还是平淡，但需求犹在，尤其是中档有地房屋。”

面对柔佛产业市场过剩局面，许捷任说，尤其是中档价位有地房屋的需求依然强劲，接下来会继续专注此领域。【e南洋】

icy97

若付7540万税金罚款‧实达今年净利恐减11%

（吉隆坡20日讯）实达集团（SPSETIA，8664，主板产业组）遭追税7537万9442令吉。

实达集团独资子公司实达阿南城镇公司（BSASB）接到税收局通知，追讨2008年、2009年、2010年、2011年和2013年报税期的额外5198万5822令吉税务，并罚款2339万3620令吉。

实达阿南城镇公司将针对追税和罚款提出上诉，以保障该公司和实达集团权益。

●分析

联昌研究指出，在最不利情况下，实达集团若须支付7540万令吉税金和罚款，到时2017年净利可能减少11%。

“截至今年9月杪，实达集团净负债比为0.34%的稳健水平，基于其资产负债表稳健，我们认为若有需要，该集团支付税金和罚款将不成问题。”

该行相信此税务争执将需长时间才能解决，因此未在财测纳入此因素。

丰隆研究表示，追税预料将导致该集团2018年净利被负面冲击12%。

无论如何，该行在财测中未纳入此潜在负面冲击，因这是一次性的影响，同时该集团已提出上诉。

丰隆将实达集团2018/19年财测向下调整，主要基于巴特西第一期计划已经完成。

该行认为，随着实达集团收购半岛集团（I&P），该股的投资情绪有望改善，该集团将成为股市中最大的纯产业公司，以及持续性的高股息将是另一亮点。

文章来源：
星洲日报／财经·2017.11.20

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	S P SETIA BERHAD ("S P SETIA" OR "COMPANY")ACQUISITION OF 1,000,000,000 ORDINARY SHARES IN I&P GROUP SDN BERHAD ("I&P"), REPRESENTING THE ENTIRE EQUITY INTEREST IN I&P, FOR A CASH CONSIDERATION OF RM3.65 BILLION ("I&P ACQUISITION")
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Company’s circular dated 25 October 2017) On behalf of the Board of Directors of S P Setia, Maybank Investment Bank Berhad wishes to announce that all the conditions precedent in relation to the I&P SPA have been fulfilled or waived, where relevant, in accordance with the terms of the I&P SPA. Pursuant thereto, the I&P Acquisition was completed on 1 December 2017. Accordingly, I&P is now a wholly-owned subsidiary of the Company. This announcement is dated 4 December 2017.

icy97

實達集團附加股 獲超額認購

2017年12月27日
（吉隆坡27日訊）實達集團（SPSETIA，8664，主要板房產）指出，截至今年12月19日下午5時，所發行的附加股和伊斯蘭可贖回可轉換優先股（RCPS-i），分別獲得8.20%及20.94%超額認購。

據實達集團向馬證交所報備，該集團共發行4億326萬475股附加股，卻接獲4億3632萬8081股申請。

另外，實達集團所發行的12億978萬1427股伊斯蘭可贖回可轉換優先股，也收到多達14億6308萬9605股申請。

文告指出，上述附加股和伊斯蘭可贖回可轉換優先股預計會在明年1月4日在主板開始交易。【中国报财经】

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	S P SETIA BERHAD ("S P SETIA" OR "COMPANY")(I)        RIGHTS ISSUE OF SHARES; AND(II)        RIGHTS ISSUE OF RCPS-i B(COLLECTIVELY TO BE REFERRED TO AS THE "RIGHTS ISSUE")
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Company’s abridged prospectus dated 30 November 2017 in relation to the Rights Issue (“Abridged Prospectus”)) On behalf of the Board of Directors of S P Setia (“Board”), Maybank Investment Bank Berhad wishes to announce that as at the close of the Rights Issue at 5.00 p.m. on 19 December 2017 (“Closing Date”), S P Setia had received valid acceptances and excess applications for 436,328,081 Rights Shares and 1,463,089,605 RCPS-i B. This represents an over-subscription of 8.20% and 20.94% over the total number of 403,260,475 Rights Shares and 1,209,781,427 RCPS-i B available for subscription under the Rights Issue of Shares and Rights Issue of RCPS-i B, respectively. Details of valid acceptances and excess applications received as at the Closing Date are as follows: No. of Rights Shares % of total Rights Shares available for subscription No. of RCPS-i B % of total RCPS-i B available for subscription Total valid acceptances 394,725,416   97.88 1,070,832,669 88.52 Total valid excess applications 41,602,665 10.32 392,256,936 32.42 Total valid acceptances and excess applications 436,328,081 108.20 1,463,089,605 120.94 Total Rights Shares / RCPS-i B available for subscription 403,260,475 100.00 1,209,781,427 100.00 Over-subscription 33,067,606 8.20 253,308,178 20.94 As set out in Section 12.4 of the Abridged Prospectus, the Board will allocate the Excess Rights Securities in a fair and equitable manner in the following priority: (i)   firstly, to minimise the incidence of odd lots; (ii)  secondly, after step (i), for allocation to the Entitled Shareholders who have applied for the Excess Rights Securities, on a pro-rata basis and in board lots, calculated based on their respective shareholdings in S P Setia as at the Entitlement Date; (iii) thirdly, after steps (i) and (ii), for allocation to the Entitled Shareholders who have applied for the Excess Rights Securities, on a pro-rata basis and in board lots, calculated based on the quantum of their respective Excess Rights Securities applied for; and (iv) fourthly, after steps (i), (ii) and (iii), for allocation to the renouncee(s) and/or transferee(s), if applicable, who have applied for the Excess Rights Securities, on a pro-rata basis and in board lots, calculated based on the quantum of their respective Excess Rights Securities applied for. In the event of any Excess Rights Securities balance after steps (i), (ii), (iii) and (iv) are carried out, steps (ii), (iii) and (iv) will be repeated in the same sequence of allocation i.e. steps (ii), (iii) and (iv) again to allocate the balance Excess Rights Securities until such balance is exhausted. Nevertheless, the Board reserves the right to allocate any Excess Rights Securities applied for in such manner as it deems fit or expedient and in the best interest of the Company, subject always to such allocation being made on a fair and equitable basis, and that the intentions of the Board set out in steps (i) to (iv) above are achieved. The Board reserves the right at its absolute discretion not to accept any application for Excess Rights Securities, in full or in part, without assigning any reason. The Rights Shares and RCPS-i B are expected to be listed and quoted on the Main Market of Bursa Securities on 4 January 2018. This announcement is dated 27 December 2017.

icy97

Profile for Securities of PLC

S P SETIA BERHAD

Instrument Category	Securities of PLC
Instrument Type	Preference Shares
Description	New class B Islamic redeemable convertible preference shares in S P Setia Berhad ("S P Setia") ("RCPS-i B")

Listing Date	04 Jan 2018
Issue Date	29 Dec 2017
Issue/ Ask Price	Malaysian Ringgit (MYR)   0.8800
Issue Size Indicator	Unit
Issue Size in Unit	1,209,781,427
Maturity	Non Mandatory
Maturity Date	Not Applicable
Name of Guarantor	Not Applicable
Name of Trustee	Not Applicable
Coupon/Profit/Interest/Payment Rate	The RCPS-i B shall carry the right to receive preferential dividends, out of the distributable profits of the Company earned from the 1st day of the calendar month following the Issue Date ("Profits"), when declared and approved by the Board of Directors of S P Setia, at the expected preferential dividend rate of 5.93% per annum.From the period commencing on and including the 5th anniversary of the Issue Date until the Redemption Date (as defined below), an additional stepped-up preferential dividend rate of 1.0% per annum above the expected rate mentioned above, shall be payable on the RCPS-i B on an annual basis, provided that the aggregate of the expected preferential dividend rate (including the stepped-up preferential dividends, if applicable) on any preferential dividend entitlement date shall not exceed a total rate of 20% per annum.
Coupon/Profit/Interest/Payment Frequency	Subject to the availability of Profits, the preferential dividends, if declared, shall be distributable semi-annually (save in respect of the first distribution), with the RCPS-i B holders being entitled to the first distribution on such date being the next preferential dividend entitlement date of the existing Islamic redeemable convertible preference shares in S P Setia (or RCPS-i A) (in accordance with its terms) following the Issue Date, and subsequently, at successive intervals of every 6 months thereafter.
Redemption	The Company may at any time on or after the 5th anniversary of the Issue Date, at its discretion, redeem all (and not some only of) the outstanding RCPS-i B by giving not less than 30 days' notice in writing to the RCPS-i B holders of its intention to do so, subject to compliance with the Companies Act, 2016 ("Act"), including where such RCPS-i B is intended to be redeemed out of the capital of the Company, such notice of redemption shall be subject to all directors of the Company having made a solvency statement in relation to such redemption in accordance with the provisions of the Act. The redemption of the RCPS-i B shall take effect on the 30th day from the date of the notice or such other later date as may be specified in the notice ("Redemption Date"). The notice shall state the Redemption Date and the book closure date to be used to determine the RCPS-i B holders who are entitled to receive the redemption payment.
Exercise/Conversion Period	5.00   Year(s)
Revised Exercise/Conversion Period	Not Applicable
Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   3.7000
Revised Exercise/Strike/Conversion Price	Not Applicable
Exercise/Conversion Ratio	21 : 5
Revised Exercise/Conversion Ratio	Not Applicable
Mode of satisfaction of Exercise/ Conversion price	Tendering of securities
Settlement Type/ Convertible into	Physical (Shares)