Posted by tatwaiwong > 2024-06-24 18:30 | Report Abuse

Notice of new substantial holder - EMPLOYEES PROVIDENT FUND BOARD on 19-Jun-2024.
346,631,000
Total:5.10%

Posted by sweetylemon > 2024-06-24 20:08 | Report Abuse

This counter will continue to go up now that EPF come in

Posted by fruitcake > 2024-06-25 09:02 | Report Abuse

big boys bought like hell😂😂

Posted by Noemo12 > 2024-06-25 09:41 | Report Abuse

Something brewing?🤣

Posted by wahidul > 2024-06-25 14:20 | Report Abuse

EPF now a substantial shareholder

Posted by pang72 > 2024-06-26 17:00 | Report Abuse

Blogs Headlines
RHB Investment Research Reports
Sime Darby Property - Shifting From Second to Fifth Gear; Keep BUY

rhbinvest
Publish date: Wed, 12 Jun 2024, 10:46 AM
Maintain BUY, TP rises to MYR2.00 from MYR1.54, 49% upside with c.2% yield. We think the market has not fully priced in the upside potential of Google’s recent announcement of its USD2bn investment in Malaysia. The tech giant’s announcement of MYR1.74bn in capex for the first Google data centre (DC) and Google Cloud region may just be the beginning. The potential impact of this on earnings may be under-estimated. Our new TP reflects the incremental value of the contribution from the Google facility, as well as the faster turnaround of Sime Darby Property’s industrial parks ahead.
The USD2bn investment by Google. Last month, Google announced its commitment to invest USD2bn in Malaysia. The Google DC at Elmina Business Park (EBP) will power the tech giant’s popular digital services, such as Search, Maps and Workspace. When operational, Malaysia will join the 11 countries in which Google has built and now operates DCs. Note that, in the Asia-Pacific, countries and areas where Google Cloud operates include India, Singapore, Jakarta, Hong Kong, Taiwan, Japan, Australia and Seoul.
The remaining MYR7.5bn of investments may come later. So far, Google has only announced its DC and Google Cloud region, which are worth about MYR2bn (or MYR1.74bn, based on the contract value secured by Gamuda (GAM MK, BUY, TP: MYR7.08)). We think there could be further investments for subsequent phases (which may be what the remaining MYR7.5bn is for) in EBP at a later stage. While the initial Google DC is estimated to have a capacity of 80MW, the entire 49-acre site earmarked for Google at EBP could accommodate 200-250MW, based on our estimate.
Expanding its assets under management (AUM) aggressively. The DC investment is expected to boost SDPR’s total AUM significantly from MYR4.4bn currently (includes a concession arrangement for Bandar Universiti Pagoh). By FY26, we think its AUM may be worth MYR6-7bn, which could generate a total recurring income of MYR120-130m at the operating level. We raise our FY26 earnings forecast by about 3% to reflect the initial contribution from Google DC, as the facility may only be completed in 2H26.
SDPR has both landbank and a robust balance sheet to accommodate more DC demand. SDPR is well-positioned to capture the prevailing investment wave, driven by global tech giants, in the South-East Asia region. The company currently has five industrial park projects with a remaining total land area of >2,000 acres, and we believe that the basic infrastructure facilities are ready at these industrial sites, since projects are ongoing. SDPR is an experienced player in industrial development, and the segment now accounts for 30% of its total property sales.
Source: RHB Research - 12 Jun 2024

Posted by kahfui1221 > 2024-06-28 17:07 | Report Abuse

Sime Darby Property has achieved an impressive 98% overall take-up rate for Elmina Ridge 1 following its second stage release over the weekend
https://www.businesstoday.com.my/2024/06/27/high-demand-for-elmina-ridge-1-with-98-take-up-rate/

Posted by troy88 > 2024-07-01 16:23 | Report Abuse

Simeprop + Gamuda no worries..

Posted by wahidul > 2024-07-02 12:24 | Report Abuse

ON THE RISE,MOVING TOWARDS TP 2.00

Posted by kahfui1221 > 2024-07-02 18:32 | Report Abuse

Nice, reaching 1 year high today

Posted by zhadao92 > 2024-07-05 10:36 | Report Abuse

Hi, any1 of you receive email regarding virtual court convened meetin (CCM). may i know what is it regarding

Posted by Panzer311 > 2024-07-05 14:52 | Report Abuse

Proposed Internal Reorganisation https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=235122&name=EA_DS_ATTACHMENTS

Posted by tatwaiwong > 2024-07-09 20:58 | Report Abuse

国家能源转型计划 (NETR) 为开发商提供了将闲置土地改造成太阳能发电场并实施屋顶太阳能解决方案的机会，在促进可持续发展的同时提升房地产价值。SIMEPROP 走在了前列，将屋顶太阳能解决方案融入住宅项目，并计划在吉打州日莱 (365 英亩) 和柔佛州巴莪 (635 英亩) 建设大型地面太阳能发电场。他们还在沙阿南埃尔米纳市的 1,000 户家庭中试行太阳能解决方案，开创绿色城镇并减少碳足迹。通过参与这些举措，SIMEPROP 不仅将非核心土地货币化，还通过积极生产、分配和消费太阳能巩固了其在 NETR 中的作用。

Posted by kahfui1221 > 2024-07-11 18:53 | Report Abuse

Sime Darby Property forms joint venture with GSPARX to carry out rooftop solar projects

https://theedgemalaysia.com/node/718600

Posted by paktua73 > 2024-07-12 12:17 |

Post removed.Why?

Posted by nasgee > 2024-07-15 14:19 | Report Abuse

eessyyylyy rm2 soon

Posted by wenyisang > 2024-07-15 14:33 | Report Abuse

huat ar~

Posted by kahfui1221 > 2024-07-16 17:15 | Report Abuse

Not that easy becuz its number of shares outstanding is quite huge

Posted by Mabel > 2024-07-17 23:46 | Report Abuse

All analysts are super bullish on AI data centres stocks, utilities stocks, construction and semiconductor stocks, hence these gems will perform very well in 2024/5.

Offensive Strategy: Contractor and Real Estates company like Gamuda, Sunway, Sime Darby Property and SingTel.

Defensive Strategy: Utilities company like YTL Power, Tenaga and Infrastructure companies like SingTel, NTT and TM.

Posted by kahfui1221 > 2024-07-18 09:59 | Report Abuse

PTT Synergy Group Bhd (PTTS) has entered into sale and purchase agreements with Sime Darby Property (Serenia City) Sdn Bhd and Sime Darby Property (Ampar Tenang) Sdn Bhd for the acquisition of two pieces of land with for a total cash consideration of RM22mil.

https://www.thestar.com.my/business/business-news/2024/07/17/ptts-acquires-two-pieces-of-land-from-sime-darby-property-for-rm22mil

Posted by pang72 > 2024-07-23 10:38 | Report Abuse

Sime Darby Property - Shifting From Second to Fifth Gear; Keep BUY
Date:
2024-06-12
Firm:
RHB-OSK
Stock:
SIMEPROP
Price Target:
2.00
Price Call:
BUY
Last Price:
1.63
Upside/Downside:
+0.37 (22.70%)
Maintain BUY, TP rises to MYR2.00 from MYR1.54, 49% upside with c.2% yield. We think the market has not fully priced in the upside potential of Google’s recent announcement of its USD2bn investment in Malaysia. The tech giant’s announcement of MYR1.74bn in capex for the first Google data centre (DC) and Google Cloud region may just be the beginning. The potential impact of this on earnings may be under-estimated. Our new TP reflects the incremental value of the contribution from the Google facility, as well as the faster turnaround of Sime Darby Property’s industrial parks ahead.

Posted by wenyisang > 2024-07-23 11:00 | Report Abuse

huat ar~

Posted by pang72 > 2024-07-23 15:05 | Report Abuse

Yes! How many more data center award is on the way?

Posted by pang72 > 2024-07-23 15:06 | Report Abuse

Beside that, the property market in ever hot now

Posted by pang72 > 2024-07-23 15:07 | Report Abuse

Foriegner snaps up sumeptoperty shares in big way..
China 大妈 buy KL property in big way

Posted by pang72 > 2024-07-23 16:08 | Report Abuse

In view of 大妈 switch the mainland property to Malaysia property..
I reckon Malaysia property sector

Posted by pang72 > 2024-07-23 17:46 | Report Abuse

Next beautiful target $2.00

Posted by pang72 > 2024-07-23 17:47 | Report Abuse

SIMEPROP] Change In Substantial Shareholder's Shareholding - EMPLOYEES PROVIDENT FUND BOARD on 23-Jul-2024
Stock
[SIMEPROP]: SIME DARBY PROPERTY BERHAD
Announcement Date
23-Jul-2024
Director's Particular:
Name
EMPLOYEES PROVIDENT FUND BOARD
Details of Changes:
Currency
-
Date of Change Type Number of Shares
18-Jul-2024 Acquired 7,214,300
Registered Name
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA)
Nature of Interest
Indirect Interest
Date of Change Type Number of Shares
18-Jul-2024 Acquired 921,400
Registered Name
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board - IC
Nature of Interest
Direct Interest
Nature Interest
Direct and Indirect Interest
Shares
Ordinary Shares
Reason
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - IC (Acquisition of 921,400 shares on 18 July 2024) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (Acquisition of 7,214,300 shares on 18 July 2024)
Total no of securities after change:
Direct (units)
263,411,800
Direct (%)
3.87
Indirect (units)
136,107,600
Indirect (%)
2.00
Total (units)
399,519,400
Total (%)
5.87
Date of Notice
19-Jul-202

Posted by pang72 > 2024-07-23 17:47 | Report Abuse

Epf comes to rescue glc stock

Posted by pang72 > 2024-07-23 17:54 | Report Abuse

https://klse.i3investor.com/web/blog/detail/PublicInvest/2024-07-19-story-h-156190826-THEMATIC_The_New_Epicentre_of_Southeast_Asia

Posted by pang72 > 2024-07-23 17:55 | Report Abuse

Meanwhile, several land owners are already benefiting from one-off property disposal gains in recent months and we believe there will be more to come given the insatiable demand for data centre in Malaysia. Developers with land in Johor include UEM Sunrise and EcoWorld while Sime Darby Property should benefit from future development in the Klang Valley region.

Posted by pang72 > 2024-07-23 18:49 | Report Abuse

WCT 1.30
Simep 1.61

Posted by tatwaiwong > 2024-07-23 19:09 | Report Abuse

i nothing hope,hope pnb group drow share,is foreigner collection,this kind simeprop will stand price in now(down also around 18% upside high price 2nd,up 1st is in bursa saham 30 big company....Hope......................

Posted by pang72 > 2024-07-23 21:46 | Report Abuse

The investment bank has maintained an "overweight" call on the property sector, with its top picks being IOI Properties Group Bhd, with a target price (TP) of RM3.30; OSK Holdings Bhd (TP: RM2.37), Sime Darby Property Bhd (TP: RM2.05), and Sunway Bhd (TP: RM4.51).

https://theedgemalaysia.com/node/720026

Posted by pang72 > 2024-07-23 21:46 | Report Abuse

Next destination:$2. 05

Posted by pang72 > 2024-07-23 21:50 | Report Abuse

Multi year property up cycle from now:)

Posted by pang72 > 2024-07-24 02:27 | Report Abuse

Sime Darby Property to build, lease out data centre in RM2 bil deal
By Syafiqah Salim / theedgemalaysia.com
23 May 2024, 05:28 pm
Updated - 06:27 pm

https://theedgemalaysia.com/node/712702

Posted by pang72 > 2024-07-24 14:37 | Report Abuse

Meet the upcoming addition to City of Elmina on 22 Aug 2024!🎉The future home to:

😋 Plenty of Food & Beverage options
👟 Fashion, Sports & Wellness stores
🏠 Home & Living brands
🏋️ A Fitness Center
& more...

Follow this space as we continue to be a part of the Elmina community. We can't wait to meet you.

#ElminaLakesideMall #excitingElmina

Posted by kahfui1221 > 2024-07-24 23:39 | Report Abuse

Sime Darby Property Berhad's net income grew significantly at a rate of 27% over the last five years and 4.7% ROE

Posted by pang72 > 2024-07-26 11:12 | Report Abuse

Consolidation shld over... looking at spsetia has turned green

Posted by pang72 > 2024-07-27 14:32 | Report Abuse

Time for big rebound

Posted by pang72 > 2024-07-28 09:28 | Report Abuse

https://www.simedarbyproperty.com/press-releases/sime-darby-property-continues-see-high-demand-city-elmina-98-overall-take-elmina

HIGH DEMAND

Posted by pang72 > 2024-07-28 09:31 | Report Abuse

A very nice, green, spacious landed house

Posted by pang72 > 2024-07-28 09:32 | Report Abuse

Tmr, expected a huge gap up in the morning

Posted by pang72 > 2024-07-29 12:49 | Report Abuse

Sudah cakap mah:)

Posted by pang72 > 2024-07-29 14:29 | Report Abuse

The best property counter research house Rhb targeted $2

Posted by pang72 > 2024-07-29 14:29 | Report Abuse

You are in the right path

Posted by pang72 > 2024-07-29 14:32 | Report Abuse

Ecoworld $1.75 leh..
Simep $1.67 only..

Fast fast chasing up

Posted by pang72 > 2024-07-29 14:35 | Report Abuse

SPSETIA $1.68

Posted by pang72 > 2024-07-29 15:02 | Report Abuse

Country view up 19% to to 1.93