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PostSubject: SP Setia sets up another Aussie unit   SP Setia sets up another Aussie unit I_icon_minitimeMon May 03, 2010 12:17 pm

Tuesday, April 27, 2010


SP Setia sets up another Aussie unit


Property developer SP Setia Bhd has set up another subsidiary in Australia.

Setia International Ltd, an Australian subsidiary of SP Setia, has incorporated Setia Australia Ltd.

The subsidiary was incorporated in the British Virgin Islands with an issued and paid-up share capital of US$10 (RM32), comprising 10 ordinary shares of US$1 (RM3.2) each.

Setia Australia will be involved in investment holding and property development.

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