Resintech buys industrial land for expansion
The company said it is buying the property, which includes a semi-detached factory and a three-storey office building, from a scrap metal trading firm, Sri Pushpam Recycling Sdn Bhd, for RM11 million.
The company said it is buying the property, which includes a semi-detached factory and a three-storey office building, from a scrap metal trading firm, Sri Pushpam Recycling Sdn Bhd, for RM11 million.
For the 9MFY2024, the REIT’s NPI rose 24% to RM191.
"For this new Act, we propose that the consent threshold be no less than 80%.
The purpose-built warehouse has a gross built-up area of 416,572.
It added that the industrial park would complement its proposed development of the smart AI container port project in Negeri Sembilan.
Ideal Business Hub is a 28-acre freehold development offering 88 bungalows,semi-detached and cluster-type factories.
DONE DEAL: Bungalow, Taman Duta, Kuala Lumpur DONE DEAL: Condo unit, Menara Bukit Ceylon, Bukit Ceylon, Kuala Lumpur Jenjarom is expected to grow as a town, with new industrial projects and mixed developments under construction or being proposed.
Kuala Lumpur has the highest average rent at RM2,863, or 44% higher than the country average (RM1,995) and 51% higher than Selangor’s (RM1,899).
These twin factories are equipped with key features tailored for modern businesses.