S P Setia to continue cutting debt, preparing for potential REIT
KUALA LUMPUR (March 27): Malaysian property developer S P Setia Bhd plans to continue cutting its debt as well as sell more unimportant assets and improve its investment properties for a potential real estate investment trust (REIT). Strategic priorities include divesting non-core assets, refinancing borrowings and generating more cash flow to service debt, S P…
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