Property developer, SP Setia Bhd posted a pre-tax profit of RM1.18 billion for the financial year ended Dec 31, 2016 on the back of RM4.95 billion in revenue, it said in a filing to Bursa Malaysia today.“The group targets to launch the final tower (Tower B) of Setia Sky Seputeh, a luxury condominium development in Seputeh, Kuala Lumpur as well as the transit-oriented development of
TRIO apartments at Bukit Tinggi, Klang,” SP Setia said, adding that the group would continue to search for more strategic land bank to replenish the existing acreage.

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