Page 40 - S P Setia Annual Report 2013
P. 40

38 | Business review S P SETIA BERHAD GROUP Annual Report 2013

























CHAIRMAN’S STATEMENT (CONT’D)



Over in Johor Bahru, the Group achieved sales No.1 Property Developer for the 8 time,
th
of RM1.6 billion which is 18% higher than last making S P Setia the record holder of the
year. Projects that contributed to this were award.
Bukit Indah, Setia Indah, Setia Tropika, Setia Eco
Cascadia, Setia Sky 88, Setia Business Park I & II Apart from the top property developer
and Setia Eco Gardens. award, S P Setia also received the Best in
Qualitative Attributes Award, The Edge-PEPS
This solid growth from an already high base Value Creation Excellence Award 2013 for
is largely due to the market leadership of the SetiaWalk Puchong and The Edge-PAM Green
Setia brand down south as well as the positive Excellence Award 2013 for Setia City Mall in
interest in Iskandar projects prevailing during Shah Alam.
the year.
Setia City Mall also received another great
In Penang and East Malaysia, sales of RM463 recognition for the year under review when
million and RM90 million were recorded it won the FIABCI Malaysia Property Award Setia Eco Park
respectively. 2013 in the Retail Category. The Malaysia This recognition for Best Master Plan is the
Property Awards, regarded as the property third for the Group with Setia Eco Gardens
Accordingly, I am pleased to announce that Oscars, is the platform for winners to compete (Johor Bahru) in 2009 and Setia Eco Park
the Board has proposed a gross fnal dividend at the international level for the FIABCI Prix (Shah Alam) winning in 2007. Apart from
of 7 sen per share. Together with the interim d’Excellence Awards. three FIABCI Prix d’Excellence Awards for
dividend of 4 sen per share, total gross dividend Best Master Plan, S P Setia has also been
for the year works out to be 11 sen per share On the same note, 2013 saw the Group win recognised in the Specialised Project
representing a 62.4% payout of its proft after its ffth FIABCI Prix d’Excellence Award for (Purpose-Built) Category for Setia Eco
tax for the year. Best Master Plan in conjunction with the 64 Gardens in 2012 and Best Residential (Low-
th
FIABCI World Congress held in Taichung, Rise) Development 2011 for Setia Eco Park.
local anD overseas accolaDes Taiwan. This year’s honour went to Setia Alam,
S P Setia’s fagship township development in The Group’s strong brand presence with
The Group’s culture of excellence continued Shah Alam. With this win, the Group has set a consumers was also reaffrmed this year
in FY2013 with a number of local and new benchmark in the country by being the with a Gold Award at the Putra Brands
international recognitions. The year saw the only Malaysian developer with fve FIABCI Awards 2013. This award is organised by
Group being named The Edge Malaysia’s Prix d’Excellence Awards to its name. the Association of Accredited Advertising
Agents Malaysia where winners are selected
by 6,000 consumers nationwide. The second
“THE YEAR SAW THE GROUP BEING NAMED The Gold Award won by the Group in 2013 was at
The Reader’s Digest Trusted Brand study. The
edge MALAYSIA’S NO.1 PROPERTY DEVELOPER study is one of the most representative and
FOR THE 8 TIME, MAKING S P SETIA THE objective branding surveys in the region and
TH
it is the third year running that S P Setia has
RECORD HOLDER OF THE AWARD.” been recognised.
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