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Sales of commercial vehicles rose 15.9% to 4,402 units in August compared with the same month last year. Sales in this segment last month were the highest in at least six months.
SP SETIA Bhd will venture into more commercial retail property developments in the Klang Valley and other parts of the country to capitalise on the country's strong retail prospects and enhance its earnings streams.
New vehicle sales in September increased 4.9% from a year ago, its fourth consecutive monthly rise, boosted by strong demand for new models launched by automakers, including Proton Holdings Bhd.