The deal will see the establishment of Tianma’s first-ever manufacturing facility outside of China, JCorp said KUALA LUMPUR (Nov 20): Johor Corporation (JCorp) is investing in a bearing manufacturing facility together with Tianma Precision Sdn Bhd, a subsidiary of Zhejiang Tianma Bearing Group Co Ltd, in Tanjung Langsat Industrial Complex in Johor in a deal worth RM440 million.
The 42-year-old was appointed CEO in August, filling the post that had then been vacant for over a year after the company terminated his predecessor Hazimi Baharum’s contract in June last year.
The properties have addresses in Sungai Besi, Taman Desa, Cyberjaya, Kota Kemuning, Seri Kembangan, Ampang and Taman Seputeh.
The strong sales in the first nine months helped lift Sime Darby Property's cumulative net profit and revenue to record highs.
DONE DEAL: Factory, Sungai Kapar Indah, Kapar, Selangor DONE DEAL: Shoplot, Kawasan 18, Klang, Selangor Taman Puchong Intan can look forward to some vibrancy being injected into the area, with approximately 29.
Chief executive officer Ken Yong Kian Keong said about RM170 million of the sales is expected to come from new large property owners via its new property management system solutions — “PropertyX”.
StashAway Malaysia country manager Wong Wai Ken said that the firm has helped Malaysians save over RM130 million in fees for unit trust funds in Malaysia.
Bandar Tun Razak offers both landed and non-landed homes on budget-friendly prices — without compromising on location.
Teladan has declared its first interim dividend of half a sen per share for FY2024, to be paid on Dec 30.
The project will be executed in two phases, with the first phase slated for completion within nine months, while the second phase is to be concluded in 24 months from the commencement date, which is yet to be fixed.
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