AME REIT's proposed acquisition of Johor factories for RM119 mil is fair and reasonable, says independent adviser
The independent adviser noted the RM119.
The independent adviser noted the RM119.
"Tesla is currently only discussing charging stations, with the factory plans suspended not just in Thailand but worldwide,” The Nation reported citing an unidentified source in the government.
Proceeds from the sale will be allocated to repay bank borrowings of RM9.
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.