Govt launches National Housing Policy 2026–2035, targets one million affordable homes by 2035
PETALING JAYA (Aug 10): The government on Monday (Aug 10) launched the National Housing Policy (DRN) 2026–2035, setting a target of delivering one million affordable homes by 2035 while introducing reforms aimed at reducing housing oversupply, improving affordability and strengthening buyer protection.
HexTech proposes related-party disposal of Nilai land unit, to receive RM38.14 mil cash proceeds
PETALING JAYA (Aug 7): Hextar Technologies Solutions Bhd (HexTech) has proposed disposing of its wholly-owned subsidiary Guper Bonded Warehouse Sdn Bhd (GBWSB), which owns five adjoining industrial land parcels in Nilai, Negeri Sembilan, to Hextar Holdings Sdn Bhd in a related-party transaction expected to generate total cash proceeds of RM38.
Media Chinese completes disposal of Toronto industrial property for RM28.65 mil
PETALING JAYA (Aug 7): Media Chinese International Ltd (MCIL) has completed the disposal of its Toronto industrial property for C$9.
BMS proposes RM23.8 mil acquisition of Cheras industrial property for expansion
PETALING JAYA (Aug 7): BMS Holdings Bhd has proposed to acquire a freehold industrial property in Cheras, Selangor for RM23.
RM687.9 mil Kapar land assembly highlights new playbook for securing large industrial sites
PETALING JAYA (Aug 6): Three recent Bursa Malaysia filings have revealed a major industrial land assembly in Kapar, with WG Malaysia VIII Sdn Bhd, a DayOne-linked acquisition vehicle, acquiring about 157 acres of adjoining freehold land for a combined RM687.
CPE Technology unit acquires RM10 mil Johor industrial property to expand manufacturing
PETALING JAYA (Aug 5): CPE Technology Bhd's wholly owned subsidiary, Champion Precision Technology Sdn Bhd (CPT), is acquiring a freehold industrial property with an existing factory in Ulu Tiram, Johor, for RM10 million cash to expand the group's manufacturing capacity, according to a Bursa Malaysia filing.
Boustead targets to grow revenue to RM30 bil in five years
GEORGE TOWN (Aug 5): Boustead Holdings Bhd (BHB) is targeting to increase group revenue from about RM12 billion currently to RM30 billion within the next five years through a business restructuring that focuses on defence, property development and commercial services.
Free industrial zone exports reach RM106.7 bil in 1H — Miti
KUALA LUMPUR (Aug 5): Malaysia’s Free Industrial Zones (FIZs) recorded exports worth RM106.
Setia Awan Land to officially launch RM1.4 bil Tanjong Malim Hi-Tech Park in September
KUALA LUMPUR (Aug 3): Setia Awan Land Sdn Bhd officially opened its Tanjong Malim Hi-Tech Park Sales Gallery on Aug 2 and provided additional information that the industrial park will be officially launched in September.
