Hua Yang Analysis

INTRODUCTION

Company Background

Hua Yang Berhad started with a man's passion and dream, the late Mr. Ho Mok Heng, who had a vision of a developing country. They started on December 28th, 1978 with a private limited company under the name of Heng Po Sdn Bhd. Later it was changed to Hua Yang Development Sdn Bhd on March 10th, 1979. From there, Hua Yang established a solid reputation as a trustworthy, responsible and reliable developer. After years of significant growth and expansion, the name was changed to simply Hua Yang Sdn Bhd on September 4th, 2001. Very soon after, they were listed on the Main Board of Bursa Malaysia on November 29th, 2002 and took the present name on September 12th, 2001.

Hua Yang is a national property developer listed in main market of Bursa Malaysia Securities Berhad and located at Medan Selayang, Batu Caves. For more than thirty years they have build their reputation for providing affordable house to the public. The property development segment is in the business of constructing and developing residential and commercial properties. This segment was formed by aggregating the property construction/development operating segment and the investment properties operating segment. The property development activities of the Hua Yang Group are located mainly in Klang Valley, Perak, Negeri Sembilan and Johor.

Benchmark Industries Leader Background

Evenhough it was incorporated in 1974 as a construction company, the S P Setia story really began in 1996 when they refocused their core business to property development. S P Setia is now well-established in all the three key economic centers of Malaysia, namely Klang Valley, Johor Bahru and Penang. The head office is located at Setia Corporate Tower, Setia Alam, Selangor.

S P Setia is an award-winning public listed company and a market leader in property development. They have built homes for thousands of Malaysians, from the Prime Minister to the young couple setting up their...