IQI inks MoU to establish advanced technology manufacturing park in Cambodia
Set to be located in the country’s Kandal Province, the Cambodia Malaysia China High-Tech Park will be a world-class development just 10 km from the Phnom Penh CBD.
Set to be located in the country’s Kandal Province, the Cambodia Malaysia China High-Tech Park will be a world-class development just 10 km from the Phnom Penh CBD.
The company clarified in a statement that it is not related to Exsim Hospitality Holdings Sdn Bhd, which was acquiring a 65.
“We hope that we will be able to secure an agreement from all parties, and this project can be launched this year.
"We need to make sure they meet three conditions, namely how much work they have in hand, their experience, and their financial strength.
The warehouses will provide sufficient storage space that caters to the tenant’s logistics and inventory requirements, including storing raw materials, finished products or equipment.
The purchase price represents a 45% discount to PM Holdings’ closing price of 11 sen on Thursday, valuing the group at RM102.
Currently, buses only accept Touch 'n Go cards as a payment method, whereas rail stations offer alternatives like tokens.
In line with the development of the GTP project, Nextgreen expects its working capital requirement to increase, adding that the group intends to allocate the balance of the proceeds for working capital.
The MOT said all interested firms/consortiums had been informed that the government will not provide any loan guarantee for this project.