News about industrial

Vibrant industrial activities create jobs, and in turn, demand for accommodation near the workplace, which is why industrial activities can be a major catalyst for development and the growth of the local property market.

KUALA LUMPUR (Jan 22): ATTA Global Group Bhd confirmed yesterday that the suspension of trading of its shares was due to a police raid at its premises in the Prai Industrial Estate in Penang on Jan 16.

KUALA LUMPUR (Jan 4): Guocoland (Malaysia) Bhd said its 68%-owned GLM Emerald Industrial Park (Jasin) Sdn Bhd (GLM EIPJ) is selling a parcel of land in Jasin, Melaka for RM119.

KUALA LUMPUR (Dec 31): Hiap Huat Holdings Bhd is buying 4.

KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.

PETALING JAYA (Dec 23): Property consultancy Knight Frank Malaysia has listed development sites and industrial properties as the star performers in Malaysia's commercial property segment in 2019 based on their decent transaction value growth.

KUALA LUMPUR (Dec 9): The Second Construction Co Ltd of China Construction Third Engineering Bureau, a key enterprise of China State Construction Engineering Corp (CSCEC), is said to have shown interest in Malaysia and Asean's first Halal Gelatin Industrial Park to be developed by Sanichi Technology Bhd.

KUALA LUMPUR (Dec 6): It is no secret that the Malaysian construction market has slowed down markedly since the 14th general election in May last year, but the situation is so dire that certain contractors are putting in below cost bids just to keep their staff employed.

KUALA LUMPUR (Nov 27): Integrated industrial space solutions provider AME Elite Consortium Bhd's net profit for the second quarter ended Sept 30, 2019 doubled to RM20.

KUALA LUMPUR (Nov 26): Sime Darby Bhd’s net profit rose 9.