News about industrial

PETALING JAYA (July 15): Paragon Globe Bhd (PGB), via its wholly owned subsidiary PGB Gardens Sdn Bhd (PGSB), has proposed to acquire a combined 841/1,000 undivided beneficial interest in a freehold land parcel in Sedenak, Kulai, Johor for RM141.

PETALING JAYA (July 8): Hektar Real Estate Investment Trust (Hektar REIT) has completed the acquisition and lease of a leasehold industrial property in Penang following fulfilment of the conditions precedent and satisfaction of the purchase consideration, according to a Bursa Malaysia filing.

PETALING JAYA (July 9): Sapura Industrial Bhd (SIB) has signed a sale and purchase agreement (SPA) to dispose of a piece of vacant industrial land in Melaka for RM10.

KUALA LUMPUR (July 8): COMPASS IP Sdn Bhd has signed a sale and purchase agreement (SPA) for the sale of a strategic 36-acre plot at the COMPASS @ KSL Industrial Park (COMPASS @ Kota Seri Langat), according to a press statement on Wednesday.

PETALING JAYA (July 8): Ge-Shen Corp Bhd is proceeding with the disposal of five freehold industrial properties in Mukim Tebrau, Johor Bahru, for RM35.

PETALING JAYA (July 8): Mah Sing Group Bhd is proposing to acquire about 419.

PETALING JAYA (July 8): Propel Global Bhd has proposed to dispose of two leasehold industrial properties in Bandar Baru Bangi, Selangor, for a total cash consideration of RM6.

PETALING JAYA (July 4): Maybulk Bhd has issued a circular to shareholders on the proposed disposal of freehold industrial land in Kapar, Klang, by its 60%-owned subsidiary MBC Logistic Hub Sdn Bhd to WG Malaysia VIII Sdn Bhd for RM278.

KUALA LUMPUR (July 3): ASM Automation Group Bhd has provided additional details on its proposed acquisition of leasehold land together with a single-storey detached factory in Mukim Hulu Kinta, Perak.

KUALA LUMPUR (July 3): Karyon Industries Bhd (KIB) has proposed to acquire a piece of freehold industrial land together with a detached factory in Bandar Seri Alam, Johor, for RM8.