News about industrial

PETALING JAYA (Jan 25): Despite the many challenges faced by the property market in Malaysia arising from factors such as the pandemic and political uncertainty in the nation, the industrial sector will continue to shine in local property market  with regional logistics and warehousing being one of the primary prospects in the long-term, said CBRE I WTW managing director Foo Gee Jen.

KUALA LUMPUR (Jan 19): Four employees at Karyon Industries Bhd's wholly-owned plastic additives and industrial chemicals unit have tested positive for Covid-19.

KUALA LUMPUR (Jan 6): The industrial and logistics sectors will continue to be the top performing sector for 2021, predicts Savills Malaysia.

SELANGOR (Dec 22): Property developer Oriental Interest Bhd (OIB) Group has launched Arym Pulau Indah, its maiden industrial project, with an aim to drive economic growth of the state of Selangor.

KUALA LUMPUR (Oct 16): Taiwan Stock Exchange-listed Wistron Corp, a global leader in state-of-the-art design, manufacturing, services and systems for information and communications products, is expected to ink a deal soon with Western Digital (Malaysia) Sdn Bhd to purchase the latter’s factory located in Sungei Way Free Trade Industrial Zone, Petaling Jaya.

KUALA LUMPUR (Sept 26): Gamuda Bhd has fallen into the red with a net loss of RM17.

PETALING JAYA (Sept 16): The Covid-19 pandemic may have hit the construction sector but it also opened up a new avenue for the industry players to rethink the conventional construction process and start to embrace Industrialised Building System (IBS) and Modular Integrated Construction (MiC), said Malaysian Institute of Architects (PAM) president Datuk Ezumi Harzani Ismail.

KUALA LUMPUR (Sept 3): Axis Real Estate Investment Trust (Axis REIT) has proposed to acquire a warehouse located in Shah Alam, Selangor, for RM11.

PETALING JAYA (Aug 17): Property developer NCT Group of Companies (NCT Group) has partnered with Future Inno Park Sdn Bhd to promote Kuala Langat Industrial Hub to become the “industrial hub of choice” for the electrical and electronic (E&E) industry.

The Covid-19 pandemic almost paralysed Malaysia during the Movement Control Order (MCO) lockdown period for six weeks from March 18, but business owners are optimistic that the market is gradually resuming its pace especially in the current Recovery MCO.