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S P Setia rises 4.51% after announcing multiple proposals

Property developer S P Setia Bhd saw its share price rise as much as 4.51% this morning after the group announced a plan to buy 342.5 acres of landbank in Bangi, Selangor, and signed a memorandum of intent (MoI) to acquire I&P Group Sdn Bhd, a developer owned by Permodalan Nasional Bhd.

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