Industrial and logistic sectors to be top performers in 2021 — Savills Malaysia
KUALA LUMPUR (Jan 6): The industrial and logistics sectors will continue to be the top performing sector for 2021, predicts Savills Malaysia.
OIB Group inks deal with MTT Shipping at Arym Pulau Indah
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.
Taiwan’s Wistron Corp to buy Western Digital PJ factory
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.
Gamuda falls into the red on one-off impairment
KUALA LUMPUR (Sept 26): Gamuda Bhd has fallen into the red with a net loss of RM17.
Time to shift to new building methods, says PAM president
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.
Axis REIT to buy Shah Alam warehouse for RM11.87 million
KUALA LUMPUR (Sept 3): Axis Real Estate Investment Trust (Axis REIT) has proposed to acquire a warehouse located in Shah Alam, Selangor, for RM11.
NCT Group joint hands with Future Inno Park to bring China investment to Kuala Langat Industrial Hub
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.
Not all gloom and doom in the industrial property market
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.
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Ta Win, Terengganu state agency to develop ecocycle park at cost of RM2.4b
KUALA LUMPUR (July 29): Copper wire and rod maker Ta Win Holdings Bhd has teamed up with a Terengganu strategic investment agency to jointly develop an industrial park at a gross development cost of RM2.
