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SDG Looks On Track To Deliver On Non-Palm Oil Targets

Business Today LogoBusiness Today5d ago

SDG Looks On Track To Deliver On Non-Palm Oil Targets - Business Today

Quick Summary:

SD Guthrie is selling 1,195 acres land in MVV 2.0 to a JV entity (in which SDG will own 30%) for MYR573m or MYR11psf; a fair price.

Maybank IB believes an immediate land disposal gain of MYR277m (estimate) may be recognised in 2HFY25E when the deal is completed.

This land is located within MVV 2.0 economic corridor and is located close to the KLIA.


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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 03:07:57 (5 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 311 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28080201

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About Business Today

Business Today Logo

Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

Update Frequency: 21 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 12 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #72

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