News about industrial

GEORGE TOWN (May 22): Aspen (Group) Holdings Ltd, a member of the consortium which submitted a bid for the Batu Kawan Industrial Park 2 (BKIP2) project, said the RM818 million bid is the full guaranteed cash return payable to Penang Development Corporation (PDC).

PETALING JAYA (May 16): NCT Alliance Bhd is expanding its industrial landbank in Selangor through a RM53 million subscription for an 80% controlling stake in Semanja Murni Sdn Bhd (SMSB), a vehicle sitting on five parcels of leasehold land totalling 176.

PETALING JAYA (May 15): ACE Market-listed WTEC Group Bhd is acquiring an industrial building in Semenyih, Selangor for RM10.

PETALING JAYA (May 14): Axis Real Estate Investment Trust (Axis-REIT) is acquiring an industrial complex in Seksyen 16, Shah Alam, Selangor for RM38.

KUALA LUMPUR (May 11): NCT World Sdn Bhd, a wholly-owned subsidiary of NCT Alliance Bhd, has signed a term sheet for the proposed sale of a 100-acre land parcel within NCT Smart Industrial Park (NSIP) in south Selangor to a global data centre operator, in a transaction that underscores Malaysia's growing appeal as a regional hub for digital infrastructure.

KOTA KINABALU (April 23): Sabah is conducting a feasibility study on a modern rail system for the Putatan–Kota Kinabalu Industrial Park route and Sepanggar Port to strengthen Sabah’s logistics network, said Governor Tun Musa Aman.

PETALING JAYA (April 17): TSiC Bhd's wholly-owned subsidiary BPE Synergy Engineering Sdn Bhd has secured a further extension to complete its proposed acquisition of two parcels of industrial land in Taman Perindustrian Bukit Rambai, Melaka, for a total cash consideration of RM1.

This article appeared in the April 9, 2026 issue of the monthly print edition.

PETALING JAYA (April 1): NCT Alliance Bhd is expanding its flagship NCT Smart Industrial Park (NSIP) in Kuala Langat through a RM53 million subscription that will secure control of 176.

KUALA LUMPUR (March 27): Axis Real Estate Investment Trust (KL:AXREIT) said the acquisition of an RM800 million industry property in Seberang Perai Tengah from Ann Joo Resources Bhd’s (KL:ANNJOO) wholly owned subsidiary Ann Joo Steel Bhd has been terminated.