LB Aluminium buys factories in Selangor for RM30 mil to boost warehousing space
The group said it has entered into a sale and purchase agreement with Puspajaya Realty Sdn Bhd (PRSB) for the proposed land acquisition.
The group said it has entered into a sale and purchase agreement with Puspajaya Realty Sdn Bhd (PRSB) for the proposed land acquisition.
The development comprises 24 units of smart medium industrial factories with an estimated gross development value (GDV) of RM42 million, said PJBumi in a filing with Bursa Malaysia on Wednesday.
techpark@enstek covers 1,750.
The group plans to construct factories and covered warehouses on the land as part of its long-term plan to relocate some of its operations and existing tenants from its current location on Jalan Kapar.
KUALA LUMPUR (Oct 2): Sime Darby Property’s Twin Factories, the first phase of ready-built factories in Elmina Business Park, have been 70% sold after its launch recently.
With the approaching deadline creeping up, the Shah Alam City Council (MBSA) is urging illegal factory owners to take advantage of the incentives offered by the Selangor state to legalise their operating premises.
KLANG: Unlicensed factories in Selangor have one year to legalise operations, starting Oct 1, failing which the land will be seized by the District Land Office.
SEREMBAN (Feb 2): The Negeri Sembilan Fire and Rescue Department has revealed that 60 premises in the state were not issued with fire certificates last year, Bernama reported today.
SINGAPORE (Oct 25): The manager of Mapletree Industrial Trust (MIT) has declared a DPU of 2.
SHAH ALAM (Aug 10): Green Building Index (GBI) targets to have 100 green rated factories by 2020, according to chairman of Green Building Index Accreditation Panel (GBIAP), Von Kok Leong.