September 13, 2010

SPSETIA - SP Setia downgraded to 'hold'

Stock Name: SPSETIA
Company Name: SP SETIA BHD
Research House: ECMLIBRA



SP Setia Bhd, Malaysia's biggest listed property developer, had its rating downgraded to "hold" from "buy' at ECM Libra Capital Sdn Bhd, which said that the stock is now �??�??fairly valued'' at its current price in a report today.

ECM Libra didn't change its share price or earnings forecasts. -- Bloomberg


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