SD Guthrie approved MYR 418.51 million land sale: what it means for SD Guthrie stock

Published on 10/19/2026 at 03:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was MYR 9.633 billion in the first half of 2026, down 4.00 percent year over year. For SD Guthrie stock, completion is due in 2027.

Capital and earnings

Shareholders approved the MYR 418.51 million Kulai land sale on October 15, 2026.
First-half 2026 revenue reached MYR 9.633 billion, while PBIT rose 31.00 percent to MYR 2.120 billion.
The land transaction is projected to complete in the second quarter of 2027.

SD Guthrie, MYL5285OO001, Illustration mit AI erstellt.

SD Guthrie (ISIN MYL5285OO001) secured shareholder approval for a MYR 418.51 million Kulai land sale on October 15, 2026, while first-half revenue reached MYR 9.633 billion. The transaction adds a property monetization angle to a plantation group whose earnings also benefited from higher profit contributions.

Land approval adds a cash event

According to EdgeProp on October 16, 2026, non-interested shareholders approved the sale of about 556.96 acres of freehold land in Kulai, Johor, to a Sime Darby Property subsidiary. The Bursa Malaysia filing cited in the report showed 99.9989 percent of votes supporting the resolution, with completion projected for the second quarter of 2027.

What does the sale mean?

The deal gives SD Guthrie a defined property cash inflow alongside its operating businesses. The Star reported on October 1, 2026, that a separate energy project could generate MYR 10.00 billion in gross revenue over 21 years, while the disposal was expected to create a MYR 373.40 million net gain upon completion. Those figures make asset development an increasingly material earnings contributor.

Three dated developments

On October 9, 2026, SD Guthrie resolved a five-year land dispute and secured an additional MYR 68.01 million in compensation, according to The Edge Malaysia. On October 15, 2026, shareholders approved the MYR 418.51 million Kulai disposal, as reported by EdgeProp. On October 18, 2026, Bintang Bisnis detailed the first-half results, including a 31.00 percent increase in PBIT to MYR 2.120 billion and a 44.00 percent rise in profit attributable to equity holders to MYR 1.547 billion.

Dates investors can track

The next dated corporate milestone identified for SD Guthrie is completion of the Kulai transaction in the second quarter of 2027, subject to required approvals, according to EdgeProp.

Earnings remain the anchor

The first-half numbers show a mixed operating picture: revenue fell 4.00 percent from MYR 9.986 billion, but PBIT increased 31.00 percent and profit attributable to equity holders climbed from MYR 1.072 billion to MYR 1.547 billion. For SD Guthrie, the investment case therefore rests on converting land and energy assets into recurring earnings while maintaining plantation performance.