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Sime UEP
Sime Darby Property Berhad 197301002148 (15631-P) is a Malaysian real estate developer with operations in Malaysia and the United Kingdom. Incorporated in 1973, as Sime Darby Property Sdn. Bhd., the group was created through the integration of the property arms under the former Golden Hope Plantations Berhad, Kumpulan Guthrie Berhad, and Sime Darby Berhad. The property arm of Sime Darby traces back to United Estates Projects Berhad, a property development company established in 1964. In 1985, Sime Darby purchased a large stake in United Estates Projects Berhad and the company was renamed Sime UEP Properties Berhad. Sime UEP was used to develop former oil palm plantation lands belonging to Sime Darby. Apart from its 20,763 acres of landbank spanning from Selangor to Johor, Sime Darby Property also has assets and operations across the Asia Pacific region and the United Kingdom. It is one of the largest property developers in the country by revenue and gross development value (GDV) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-linked Company
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Putra Heights
Putra Heights is a 1,796 acres residential township developed by Sime UEP Properties since 1999 in Subang Jaya, Selangor, Malaysia. It is located within the ''mukim'' of Petaling District. History Before 1974, Subang Jaya was part of Klang District. The development of Subang Jaya commenced on 21 February 1976. 1980s and 1990s: The first development phase focused on the housing estates of what is now SS12 to SS19. After its completion in 1988, Sime UEP began developing USJ 1 to USJ 27. In 1997, Subang Jaya was granted municipality status, upgrading it from Petaling District Council to become the Subang Jaya Municipal Council. Late 1990s: Putra Heights Expansion: Subang Jaya’s boundaries expanded further with the launch of Putra Heights in 1999. By 2009, Putra Heights had over 6,400 mixed properties, including 5,000 double-storey link houses, 56 bungalow lots, 324 shop-offices, and more than 1,000 mid-cost apartments. 2010s: Rapid Urbanization and the Next Growth Spurt: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
S P Setia
S P Setia Berhad (formerly Syarikat Pembinaan Setia Berhad) ( MYX: 8664) is a Malaysian publicly traded company whose primary business is in property development. It is the largest such company, by sales, in Malaysia. Its other businesses include construction, infrastructure, wood-based manufacturing, and trading. Its portfolio comprises townships, residential high-rises, commercial and retail as well as mixed-use development projects. History The group started out in 1974 as a construction company which was later led by a well-known property development figure, Liew Kee Sin in 1990 and was eventually listed on Bursa Malaysia in 1993. In 1996, S P Setia refocused its core business to property development with supporting businesses in construction and wood-based manufacturing. In 2011/2012, Permodalan Nasional Berhad (PNB), Malaysia's state asset manager which was then under Tun Ahmad Sarji Abdul Hamid, took over S P Setia, joining the foray of acquisitions led by the gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Battersea Power Station
Battersea Power Station is a decommissioned coal-fired power station located on the south bank of the River Thames in Nine Elms, Battersea in the London Borough of Wandsworth. It was built by the London Power Company (LPC) to the design of Leonard Pearce, Engineer in Chief to the LPC, and CS Allott & Son Engineers. The architects were J. Theo Halliday and Giles Gilbert Scott. The station is one of the world's largest brick buildings and notable for its original, Art Deco interior fittings and decor. The building comprises two power stations, built in two stages, in a single building. Battersea A Power Station was built between 1929 and 1935 and Battersea B Power Station, to its east, between 1937 and 1941, when construction was paused owing to the worsening effects of the Second World War. The building was completed in 1955. "Battersea B" was built to a design nearly identical to that of "Battersea A", creating the iconic four-chimney structure. "Battersea A" was decommis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sime Darby LPGA Malaysia
The Sime Darby LPGA Malaysia was a women's professional golf tournament on the LPGA Tour. It was played for the first time in October 2010 at the East Course at Kuala Lumpur Golf & Country Club in Kuala Lumpur, Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre .... The title sponsor was Sime Darby, Malaysia's leading multinational conglomerate involved in five core sectors: plantations, property, industrial, motors, and energy and utilities, with a growing presence in healthcare. The debut tournament was a limited field event with 50 players invited from the official LPGA money list and an additional ten invited sponsor exemptions, including two ASEAN nations local qualifiers. A 54-hole event with no cut, all 60 players played for the entire tournament. The purse was $1.8 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CIMB Classic
The CIMB Classic was a professional golf tournament in Kuala Lumpur, Malaysia, co-sanctioned by the Asian Tour and the PGA Tour. Played in the fall, the event debuted in 2010 and moved to the West Course of the TPC Kuala Lumpur in 2013; the first three editions were played at The Mines Resort & Golf Club in Mines Wellness City. The event was replaced in the 2019–20 PGA Tour season by the Zozo Championship in Japan. The tournament was the first event ever sanctioned by the PGA Tour in Southeast Asia. It was an official money event on the Asian Tour, but was an unofficial money event on the PGA Tour through 2012. Beginning in October 2013, it gained official status on the PGA Tour and the field was increased to 78 players. FedEx Cup points are earned by those making the cut, the winner earned a trip to the Masters. The purse was US$7 million, one of the highest in East Asia together with the WGC-HSBC Champions and the now defunct BMW Masters. Field In 2010, the 40-man field c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysian Open (golf)
The Malaysian Open is a men's professional golf tournament that is currently played on the Asian Tour, and was formerly played on the European Tour. Notable past winners include world number one golfers Vijay Singh and Lee Westwood (both players winning the event on two occasions). Other notable winners include 17-year-old Italian Matteo Manassero in 2011 as well as former Open champion Louis Oosthuizen the following year. PGA Tour winners including Harold Henning, Jeff Maggert, Glen Day, Steve Flesch, Arjun Atwal and Noh Seung-yul have also won the event. Since its inauguration there has never been a Malaysian winner. History The tournament was inaugurated in 1962 as the Malayan Open, and was one of the events on the first season of the Far East Circuit that year. In 1999, it joined the Asian Tour and also became part of the European Tour's expansion into Asia as a jointly sanctioned event. The six events from 2010 to 2015 were held at the Kuala Lumpur Golf & Cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuala Lumpur Golf & Country Club
Kuala Lumpur Golf & Country Club (KLGCC), formerly known as Tournament Players Club or TPC Kuala Lumpur, is a golf club located in Bukit Kiara which borders affluent neighbourhoods including Taman Tun Dr Ismail, Hartamas, and Bukit Damansara. Many of its facilities are open to visitors, including the golf course, driving range, all six F&B venues, bowling centre, workout classes, proshop and golf academy. The club became part of the TPC network of golf courses on 24 August 2016. The club adheres to the standards set by the PGA TOUR, LPGA and TPC Network of golf clubs. Golf Courses Originally opened in 1991, TPC Kuala Lumpur's two 18-hole championship golf courses, the Par 71 East and Par 72 West Courses had since undergone a total redesign. The revamped West Course reopened in 2009 and the East Course in 2010. TPC Kuala Lumpur's West Course completed another upgrade in August 2018. By end of 2018, seven Malaysian Opens and five CIMB Classic tournaments were held on TPC Kuala ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south along with the Riau Islands in Indonesia, the South China Sea to the east, and the Straits of Johor along with the State of Johor in Malaysia to the north. In its early history, Singapore was a maritime emporium known as '' Temasek''; subsequently, it was part of a major constituent part of several successive thalassocratic empires. Its contemporary era began in 1819, when Stamford Raffles established Singapore as an entrepôt trading post of the British Empire. In 1867, Singapore came under the direct control of Britain as part of the Straits Settlements. During World ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
